Allen Price has joined LoanCare, a ServiceLink company, as senior vice president (SVP) and national sales executive for capital markets business development.
Price has more than 20 years of mortgage industry experience. Prior to joining LoanCare, he was SVP and co-head of business development at a top national servicer. In addition to business development, his past work experience focused on risk management, credit risk pricing, lender due diligence and capital markets.
In his new role, Price will oversee LoanCare's sales department and will help further the company's sales strategies through new business segments by reaching out to prospective clients. He plans to expand the company's brand into the capital markets area, where he can reach clients such as hedge funds, private equity firms and other asset-backed investors.
‘LoanCare is a leader in the mortgage servicing business, and I'm excited to be a part of a growing organization that is expanding into various mortgage finance channels,’ says Price. ‘By connecting capital market investors with the professionals at LoanCare, we can help them with the challenges of servicing mortgages by providing a world-class subservicing execution.’