BEACON DEFAULT MANAGEMENT, INC. APPOINTS NEW PRESIDENT

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BEACON DEFAULT MANAGEMENT, INC. APPOINTS NEW
PRESIDENT
1888 Press Release - Industry Leader in
Commercial Foreclosure Services Appoints Leading
Expert to the Helm. Los Angeles, CA - Beacon
Default Management, Inc. (http//www.beacondefault
.com) announced today that Tina Suihkonen has
been appointed president. Previously, Tina has
held executive positions over the last nineteen
years, most notably as the founder, president and
COO of Assured Lender Services. Other key
positions were held at Old Republic Title and
LandAmerica (Commonwealth Land Title/Lawyers
Title). Tina joins Beacon Default Management to
continue the Company's success. As the pendulum
swings in the commercial real estate industry
(CRE) many major title insurance companies and
independent trustee companies have either closed
or consolidated their default service divisions.
In the wake of change, Beacon continues to grow.
The new default services environment has created
a unique strategic opportunity for Beacon to
expand the Company's geographic footprint with
additional executive level members. Beacon will
continue to lead the industry as "the reliable
trustee company" as it grows to meet the
expectations of our clients. Selina Parelskin,
preceding president of Beacon, said "Tina's
wealth of experience, industry knowledge and
vision has already impacted Beacon's ability to
reach long term objectives. Increasing demands
from our client's led us to look for additional
executive leaders. We were very fortunate to find
someone of Tina's caliber to fulfill this role.
Tina has added Oregon, Idaho, Utah, Washington to
the current states of California, Arizona and
Nevada where Beacon is capable of servicing
non-juridical foreclosures. This will add
significant value to our clients. I am confident
Tina is the very best person for the job and the
new face of Beacon."
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About Beacon Default Management, Inc. Beacon
Default Management, Inc. is a trustee company
providing non-judicial foreclosure services in
the Western United States. Beacon's team is
comprised of industry experts from commercial
banking, title insurance, and loan workout
experts. Beacon's understanding and experience in
the industry is unparalleled. We understand CMBS
loans and have strong relationships with special
servicers. Complementing our CMBS niche we also
handle complex individual non-performing loans
and entire portfolios. Our commercial clients
include special servicers, private equity firms,
REITS, national and regional banks, credit
unions, receivers, attorneys, and title insurance
companies. Beacon works closely with Fidelity
National Title, Chicago Title Insurance, First
American, Old Republic, Stewart Title and other
title insurance companies to provide trustee sale
guarantee's (TSG's) or other title insurance
products and services to our clients. Beacon's
core principals are based on three precepts
knowledge, service, and technology.
Contact Beacon Default Management, Inc. Erica
Itskovich, Public Relations [phone] info (
_at_ ) beacondefault dot com