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Andy Laing Joins Fay as COO

CHICAGO—Laing spent the last few years at Deloitte helping large banks and credit card companies adapt their business models.

By Brian J. Rogal | Updated on February 17, 2014

CHICAGO—Fay Servicing, a Chicago-based special servicer that handles distressed and at-risk mortgages throughout the US, has just hired Andy Laing as its new chief operating officer. Laing will lead all of the firm’s servicing, default, business intelligence and back office operations, as well as help manage new strategic initiatives.

Last March, GlobeSt.com reported that Fay had just opened a second office in west suburban Oakbrook Terrace. That expansion came on the heels of the company’s announcement that it had boosted its revenue by 250% in 2012. The firm was founded in 2008.

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