SOURCE: Level 1 Loans

Level 1 Loans

March 17, 2010 12:16 ET

After Recent Software Acquisition, Level 1 Loans Announces the Hiring of New Product Manager

FORT LAUDERDALE, FL--(Marketwire - March 17, 2010) -  Level 1 Loans, a wholly owned subsidiary of The Sextant Group, Inc., is pleased to announce that Tom Healy, III has joined the firm as Product Manager. Tom's primary role will be overseeing both product communication and revenue growth for Level 1 Loan's asset valuation solutions. Level 1 Loans provides valuations and valuation software for mortgage loans and mortgage servicing rights. Level 1 Loans also performs other analyses on these assets such as loan loss provision calculations, prepay analyses, and stress tests.

Prior to joining Level 1 Loans, Tom was a Solution Sales Manager for AAJ Technologies, a Microsoft Gold Managed Partner focused on business process improvement through technology innovation. Prior experience includes Director of Sales for Learn.com, where his responsibilities included driving revenue on a broad suite of Software as a Service (SaaS) applications that can fully automate the pre-hire to retire lifecycle within any organization.

"This new role allows me to utilize my software and technology consulting background to further leverage Level 1 Loans' industry expertise, and a software application that is truly unique in its industry," said Tom Healy. Tom will be working out of Level 1 Loans' corporate office in Fort Lauderdale, FL, and can be reached at 954-765-1271 or HealyTJ@L1Loans.com.

Level 1 Loans' mission is to provide owners of mortgage and mortgage related assets with the analytical tools and expertise to better manage these assets in an increasingly competitive and volatile industry. As such, a primary goal of Level 1 Loans is to bring mortgage asset pricing as close to a level 1 valuation, under FAS 157, as possible. This means striving for quoted prices of identical assets, in active markets, at the measurement date.

About Level 1 Loans, Inc., a division of the Sextant Group, Inc.

Level 1 Loans is the nation's only firm solely devoted to providing totally independent and objective third party valuations of mortgage loans and mortgage servicing rights. It also licenses, supports and continuously upgrades valuation and other financial management models that have become the benchmark in the industry. 

Contact Information

  • For more information contact:
    Dr. Thomas J. Healy, CMB
    954-765-1226
    Email Contact