Katie Brewer is the new CEO of LERETA, a provider of property tax data and flood hazard status information to mortgage servicers.
Brewer succeeds John Walsh, CEO since 2015, who is retiring and will continue to serve on the firm’s board of directors.
Under Walsh’s leadership, LERETA’s revenues and earnings have grown significantly, and the company has expanded its solutions.
“I am incredibly proud of what we have accomplished at LERETA over the past decade,” Walsh says in a release. “Our focus on innovation, customer service, and operational excellence has established LERETA as an industry leader. As I step back from daily operations, I look forward to continuing to work with Katie and the leadership team as they guide the company toward even greater success in the years to come.”
Brewer is an industry veteran with more than 21 years of leadership experience in the mortgage servicing, valuation and title sectors. Most recently, she was president of Selene Finance, and before that the company’s chief operating officer. A national subservicer, Selene’s portfolio more than tripled during Brewer’s tenure.
Prior to Selene, Brewer was senior vice president of real estate services at Radian and chief operating officer of Green River Capital. She previously held leadership positions at Ocwen and GMAC.
“Katie has a long track record of energizing and growing companies within the mortgage servicing and services sectors,” says Gene Mergelmeyer, chairman of the board at LERETA. “We are excited that she is coming on board and believe she has the ideal experience and expertise to lead Lereta during this next stage of its growth trajectory. The board thanks John for his long service and for his unwavering focus on customer service and performance that have set LERETA apart within our category for the past ten years. We look forward to John’s continuing involvement as a director on our board.”
