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NEW YORK, NY (08/29/2022) – SitusAMC, the leading provider of innovative, trusted solutions supporting the entire lifecycle of real estate finance, announced today the hiring of Scott Yang as the firm’s Director of Reverse Mortgage Valuation, Risk & Analytics. In the newly created role, Mr. Yang will oversee SitusAMC’s valuations, modelling, data offerings and analytics solutions for the reverse mortgage segment. Mr. Yang joined SitusAMC on August 2, and is reporting to Andrew Taddei, Managing Director, Leader of Valuation Advisory & Risk Solutions.
Mr. Yang is highly experienced in the mortgage industry, with over 10 years of mortgage experience in origination and securitization and over six years as a HECM (reverse mortgage) trader. Prior to joining SitusAMC, Mr. Yang served as a HECM and ARM trader for Cantor Fitzgerald and established the firm as a GNMA Sponsor for securitized HREMICs.
“Scott’s knowledge of, and relationships within, the HMBS market will provide a fresh view to augment our market-leading suite of valuation, modeling, data and reporting solutions for the reverse mortgage market,” stated Taddei. “Additionally, Scott’s trading experience will help SitusAMC broaden its Reverse Mortgage offerings and further expand its reach to the audience of clients within the secondary market. We are excited to have Scott on board.”
SitusAMC (www.situsamc.com) is the leading independent provider of advisory, strategic outsourcing, talent and technology solutions to the commercial and residential real estate finance industry. We help our clients realize opportunities in their real estate businesses through industry-leading services and innovative technologies that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity.
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