New Player in Servicing Sales MorVest Capital Hires National Sales Director
March 14, 2016
By Paul Muolo
MorVest Capital, Dallas, which entered the servicing sales arena late last year, has hired industry veteran Chris Negri as its national sales director, IMFnews has learned.
Negri joins MorVest from Promontory Financial Group, where he served as vice president of strategic initiatives. Before that he was vice president of national sales for the LenderLive Network.
MorVest President and CEO David Fleig noted that Negri is a brand new hire and will help the firm compete against some of the more established advisory firms in the servicing sales sector.
To date, MorVest has brokered three servicing transactions totaling $2.5 billion. The advisory firm has represented sellers only, but may become a buy-side broker as well.
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