Robert Knohl

Robert Knohl has more than 20 years of experience in the distressed real estate and mortgage industries.� He began his career by acquiring RESS Financial Inc., a mortgage foreclosure business.� He acquired this business in a leveraged buyout, became CEO of the company, turned the company into a highly profitable business and later sold the company. Recognizing the inefficiencies in the distressed mortgage industry that arose out of the paper intensive nature of the business, Mr. Knohl then formed Default Management Network.� This company developed the technology that led to the paradigm shift of the industry towards a paperless environment.� Mr. Knohl sold this company to All Tel in 1993. Following this sale, Mr. Knohl noted that loss mitigation was becoming a focus in the distressed real estate industry and founded NROC, LLC.� Mr. Knohl built out this loss mitigation business and ultimately sold it to Nomura in 2007. Over the past five years, Mr. Knohl has focused on developing a premier distressed financial service sector "eco-system", utilizing all of his experience with REO.com and his experience in foreclosures, loss mitigation and the technology necessary to support these businesses. Mr. Knohl's core strengths include entrepreneurial vision, identifying complementary distressed real estate businesses that are undervalued, acquiring those businesses and improving their profitability and utilizing technologic advances to enhance PPM�s businesses. Mr. Knohl received a Bachelor's Degree in Political Science, with a minor in Economics, from the University of Southern California.� He is a member of numerous industry organizations and is a member of the boards of several non-profit companies.