Joe D’Urso has left his position as president of Clayton Holdings, and parent company Radian has appointed Jeff Tennyson to serve as interim president until a replacement has been found.
Clayton is a provider of risk-based analytics, residential loan due diligence, consulting, surveillance and valuation solutions. The company was acquired by Radian, a provider of mortgage insurance and risk management services, in 2014.
Tennyson joined Clayton in February 2015 as chief operating officer. He has been responsible for Clayton’s U.S. business units including Transaction Management, Consulting, Surveillance, Green River Capital and ValuAmerica, according to a release. In his new role, Tennyson will be responsible for the overall operating results of the company’s business lines.
Tennyson has more than 30 years of experience in the financial services industry. Prior to joining Clayton, he was chief operating officer of B2R Finance, LP, a specialty finance company of the Blackstone Group that provides mortgage financing for owner/operators of single-family residential rental properties. Prior to B2R, Tennyson was chairman and chief executive officer of Strategic Lending Group and managing director of Strategic Growth Bank. For 12 years, he was also chairman and chief executive officer of EquiFirst Corpo., a national non-agency mortgage lender and subsidiary of Barclays.