Ascendant National Title named Michael Longaker as senior vice president, special asset solutions. He will oversee the special asset solutions group, with a focus on real estate owned (REO), hedge funds, title joint ventures and capital markets for distressed assets.
“We are pleased to have Michael joining us and bringing his wealth of experience to our business for this critical industry segment,” Executive Vice President, Corporate Development Landon Smith said in a release. “We’re looking forward to his help in providing our customers with assistance in managing their distressed assets.”
Longaker has more than 20 years of experience in the title and REO industry, focused primarily on the HUD distressed assets segment. He oversaw the day-to-day operations for multiple HUD asset management companies encompassing 26 states and over 75,000 properties transacted.