Former Genworth Executive is Named President of Mortgage Payment Protection, Inc

Online, September 24, 2009 (Newswire.com) - HEATHROW, FL, SEPTEMBER 25, 2009: Mortgage Payment Protection has named Lewis Fain as the Company's new President. Mr. Fain held various executive leadership positions with General Electric (GE) and Genworth Financial over the last 30 years. "Lewis shares our vision for the future to continue to be the leader in payment protection products. His experience will play a pivotal role in our payment protection growth opportunities in consumer loans and residential mortgage markets. We are very excited to have Mr. Fain as our President", says Mark Modarres who will now assume the role of CEO/Chairman of MPPI. Mr. Fain was previously the Senior Vice President, Equity Ventures and Mortgage Capital Markets at Genworth Financial and Chief Global Marketing Officer of Genworth Financial Mortgage Insurance and Senior Vice President of Mortgage Insurance Strategic Planning at GE Capital.

ABOUT MORTGAGE PAYMENT PROTECTION,INC.
Mortgage Payment Protection, Inc. is a privately held corporation specializing in payment protection and other loss mitigation insurance products for mortgages, auto loans, student loans rental properties, timeshares, etc. under the trade name of MortgageGuardian. MPPI has exclusive insurer arrangements for North America and is poised to expand its presence to other countries. MPPI clients are mortgage originators, mortgage insurance companies, REITS, and other consumer loan originators and finance companies.
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