Rumson, N.J.-based Loan Value Group LLC (LVG) has hired Eric Smith as a managing director. In his new role, he will be responsible for overseeing the development of strategic partnerships with lenders, servicers and hedge funds in the promotion of the company's Responsible Homeowner Reward program.
Smith joins LVG from KBS Strategic Opportunity REIT Inc., where he served on the company's board of directors. Prior to KBS, Smith held various senior sales positions at Credit Suisse, most recently as a managing director of structured product sales. Earlier at Credit Suisse, he managed the fixed income group in the San Francisco office, where he supervised a team of professionals with sales coverage responsibilities for the firm's clients in the western U.S.