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Byline: Paul Muolo
Horsham, PA-Javid Jaberi, senior vice president of servicing operations for residential capital corp. Here, has left the company as part of a reorganization, according to an internal memo provided to this newspaper. An e-mail written by ResCap chief operating officer Tony Renzi says Mr. Jaberi "has made the decision to leave the company to pursue other interests."
No further information was provided. Mr. Renzi did not return a telephone call about the matter.
According to one executive at the company, who requested his name not be used, Mr. Jaberi had been running ResCap's loss mitigation and collections effort. The source said another servicing official, Ron Poindexter, also has left ResCap.
A spokeswoman for GMAC Financial, ResCap's ...