Lender Processing Services (LPS) hired mortgage banking veteran Pete Maselli to the firm's  office of the enterprise team as a senior vice president of strategy and business development.

In his new role, Maselli will provide strategic counsel and leadership at key enterprise-level executive client meetings and represent LPS with the GSEs, the Department of Housing and Urban Development, the Office of the Comptroller (OCC), the Mortgage Bankers Association (MBA) and other strategic governmental partners.

Maselli, who is based in Washington, D.C., has over 25 years of mortgage banking experience. Before LPS, Maselli spent more than 15 years at Freddie Mac, where he headed up various strategic initiatives such as the Loan Prospector automated underwriting business. 

He also recently held key marketing and strategic planning positions at Overture Technologies and LandAmerica Financial Group.

"We are delighted to bring Pete's extensive mortgage banking experience and strategic capabilities to LPS," said Bill Griffin, president, LPS' Office of the Enterprise. "Pete will further strengthen LPS' strong governmental relationships and be an invaluable resource as we develop new products, services and solutions for the mortgage industry."

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