NEW YORK, June 15, 2017 /PRNewswire/ -- Sutherland
Asset Management Corporation (NYSE: SLD) today announced that
Carole Mortensen has been appointed
Chief Operating Officer, a new position in the company. As COO, Ms.
Mortensen will have responsibility for the company's operating
units, marketing and capital markets execution. She will report
directly to Chief Executive Officer Thomas
Capasse.
"We are excited to have Carole join us as our Chief Operating
Officer. Carole has built an impressive track record for
operational and commercial accomplishments in key roles at
Waterfall Asset Management. Given Carole's deep industry
knowledge and market expertise, we believe she is uniquely
qualified to drive results for Sutherland," stated Chief Executive
Officer Thomas Capasse.
Ms. Mortensen has worked for Waterfall Asset Management, the
external manager of Sutherland, since 2011. Most recently, Carole
served as Managing Director of the Capital Markets team focused on
consumer asset-backed transactions and contributed to the
successful reverse merger transaction resulting in Sutherland REIT
going public. She previously served as Head of Asset Management.
Before joining Waterfall, Ms. Mortensen has held several positions
within the financial services industry including Ally Bank (GMAC ResCap) , UBS Investment Bank,
Credit Suisse and Moody's Investors Service.
About Sutherland Asset Management Corporation
Sutherland Asset Management Corporation (NYSE: SLD) is a REIT
that originates, acquires, finances, services and manages SBC
loans, U.S. Small Business Administration loans under its Section
7(a) program, and residential mortgage loans. The Company
originates SBC loans through its ReadyCap Lending subsidiaries and
originates residential mortgage loans through its GMFS
subsidiary. The Company is externally managed and advised by
Waterfall Asset Management, LLC.
Contact
Investor Relations
Sutherland Asset Management
212-257-4629
SutherlandIR@waterfallam.com
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SOURCE Sutherland Asset Management Corporation