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Green River Capital, LC

Green River Capital Names Stephen Sherman Chief Operating Officer

WEST VALLEY CITY, Utah, Oct. 6, 2010 – Green River Capital (GRC), an REO asset management and loss mitigation provider for mortgage servicers, investment firms and banking institutions, announced that Stephen Sherman has been promoted to chief operating officer (COO) for GRC’s sister companies, GR Financial (GRF) and Infinity Valuation Sevices (IVS). Sherman brings more than 20 years of experience in the servicing, secondary market, consulting and REO industries to the position.

In his new role as COO, Sherman oversees the operations of GRF, the short sale program provider and IVS, the group’s BPO company.

“Stephen has contributed immensely to Green River Capital as well as to the creation of our two sister companies, and under his guidance we expect continued growth and success,” said Christopher West, president and CEO of GRC. “He has a level of expertise that is an ideal addition to our executive management team.”

Sherman joined Green River Capital in 2008, and he has held many successful senior level management positions with the company, acquiring extensive and valuable experience in asset management. Most recently, he was senior vice president, supervising GRF short sale and DIL services as well as IVS services including BPO appraisals and desktop reviews.

Prior to GRC, Sherman held executive positions at GMAC’s Residential Funding Corp. (RFC), Bank of America, Metmor Financial and Aames Home Loans. He has also worked as a consultant and auditor.

About Green River Capital:

West Valley, Utah-based Green River Capital (GRC) is a leading REO asset management and loss mitigation provider. The company leverages its proprietary technology and a nationwide network of attorneys, brokers, appraisers, contractors and title professionals to offer scalable and customized solutions. GRC provides REO asset management, portfolio valuation/due diligence, a short sale program and rental program management. GRC’s sister companies are Green River Financial, a short sale program provider, and Infinity Valuation Services, a BPO company.

For more information, visit www.greenrivercap.com.

Contacts:

Charlyne H. McWilliams/Sheryl Gudelsky

Media contacts for Green River Capital

301.933.5567/678.781.7229


Green River Capital, LC
2691 S. Decker Lake Lane
West Valley, UT 84119
ph: 801-487-3800
fx: 801-487-3807
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