Larisa Waters

About Larisa Waters

I am a Senior Asset Manager overseeing a portfolio of 100+ residential mortgage note and REO assets, with a focus on resolving distressed credit and moving assets through clear, accountable timelines. Roughly 70% of my portfolio is non-performing, which means the work is not theoretical, it is execution across legal, servicing, and collateral reality.I manage strategy and day-to-day direction across servicers, foreclosure and bankruptcy counsel, and a national contractor network. I also lead a small internal team, building repeatable workflows, setting priorities, and ensuring every file has a documented plan, a next action, and a cadence that leadership can rely on.My approach is process-first: tighten file quality, control vendors, manage milestones, and make decisions that hold up under scrutiny. The goal is consistent outcomes, reduced cycle time, and clean communication across stakeholders.Core strengths-Non-performing loan resolution strategy: borrower outreach, loss mitigation paths, and legal execution-Attorney and servicer management: expectations, escalations, milestone tracking, and cost control-Foreclosure and bankruptcy coordination across multiple states and timelines-REO execution: stabilization, valuations, listing support, and sale oversight-Vendor and contractor oversight: scope review, pricing discipline, and performance management-Team leadership: training, prioritization, and operating cadence

Experience

1. Senior Asset Manager

   7e Investments

   Jan 2026 — Present

   Manage a portfolio of 100+ residential mortgage note and REO assets, with approximately 70% non-performing loans requiring active resolution strategy-Direct foreclosure and bankruptcy execution by managing legal counsel across jurisdictions, monitoring milestones, and driving timely decisioning-Oversee primary servicers to ensure compliant servicing, accurate reporting, and consistent borrower communication-Manage a national contractor and vendor network (property preservation, inspections, repairs, valuations) with defined scopes, cost controls, and escalation processes-Lead and develop a team of two, establishing workflows and prioritization that improve file quality and execution cadence-Maintain clear internal reporting on asset status, risk items, aging, and next actions to support leadership decisions.

Education

• Oklahoma State University

  Bachelor's degree, Business Administration and Management, General

  2002 — 2005