Hans J. Fischer, Chief Financial & Chief Operating Officer - has 30 years business experience in forensic audit, financial and operational management experience, with KPMG, Ingersoll-Rand Company, PHH Homequity Real Estate & Relocation, PHH Asset Management and The Picower Institute for Medical Research, a Not For Profit organization with several NIH grants. Mr. Fischer's department was responsible for the integrity of the accounting and reporting on these Federal Grants. Mr. Fischer was one of the founding members and Vice President Operations, Finance & Administration of REO with PHH Asset Services (now Freddie Mac HomeSteps) where he directed the marketing, sales, planning and management and controls of client REO assets and three major company-owned REO projects. REO inventory market value average was approximately $120m.

Major clients included:

• The Resolution Trust Corporation
• Grant Street Bank (Mellon Bank)
• Department of Housing and Urban Development (HUD)
• FreddieMac
• Bear Sterns
• First Boston

Mr. Fischer as Director, Financial and Operational Control of PHH Homequity (now Cartus), directed the activity of five accounting professionals. His responsibilities included establishing and maintaining effective financial and operational controls and procedures for internal departments and the PHH Homequity supplier network. He coordinated audits (financial, operational, client and vendor) throughout the United States and Canada..

Mr. Fischer holds a Bachelor Degree in Accounting from Long Island University.