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Press Release | February 10, 2009

Turnkey Asset Management Solutions hires Managing Director

Turnkey Asset Management Solutions (“Turnkey”), an affiliated entity of Gerner & Kearns, Co., L.P.A. (“G&K”), focused on asset management on a national basis, is pleased to announce the recent appointment of David P. Shelton as its Director, where he will be focused on all operational and management activities that include business processes, servicing, planning and performance, and supporting client needs throughout the country.

Prior to joining Turnkey, Shelton was a Regional Manager for Green Tree Servicing in Little Rock, Arkansas where he managed all marketing, business development, underwriting and new loan origination processing through a network of independent retail outlets in multiple states. Additionally, Shelton had management responsibility for the servicing of a portfolio of approximately $800M in net loan receivables. Prior to that position, Shelton was a Regional Vice President of Operations for Washington Mutual Finance where he oversaw, and had management responsibility for, an eight state branch network of ninety six retail financial services offices and was named the top Operations Vice President based upon return of assets in 2000. Shelton’s other experience also includes his tenure as a District Supervisors for City Finance Company (acquired by Washington Mutual Finance) where he oversaw a multi-state platform and was annually ranked in the top five District Supervisors based upon return of assets from 1989 through 1998. Shelton studied Business Administration at Austin Peay State University, received a certification in Financial Services Management from Marquette University, completed the Executive Leadership Program at the University of North Carolina at Chapel Hill and has also completed both the Management, and Senior Executive, Programs of the American Financial Services Association.

"Gerner & Kearns, Co., L.P.A. is fortunate that a financial executive of David’s standing has joined our Turnkey affiliate as its Director." said Managing Partner, David E. Gerner, Esq. "David’s experience and history of operational excellence will set Turnkey on the right track from the outset as it expands its operations from a regional to a national basis."

Mr. Shelton can be reached at (513)388-2442, via facsimile at (859)292-5355, via cellular telephone at (513)505-1836 or via e-mail at

Since its inception in 1987, Gerner & Kearns, Co., L.P.A. has evolved into a creditor’s rights law firm dedicated to the representation of the mortgage banking industry providing end to end solutions in the practice areas of Foreclosure, Bankruptcy, Evictions, Origination & REO Closings, Loss Mitigation and Commercial Litigation with respect to the industry’s residential and commercial portfolios. Through the use of state of the art technology, and the constant refinement of our processes and systems to ensure speed while maintaining quality and efficiency, the firm has become a recognized leader operating at the forefront of the default legal industry. As a result of this commitment to excellence, Gerner & Kearns, Co., L.P.A. is both Freddie Mac and Fannie Mae designated with respect to its REO practice. By adding Turnkey Asset Management Solutions to its service platform, Gerner & Kearns, Co., L.P.A. has continued in its mission of offering end to end solutions to its clients and the industry as a whole.

For more information about this press release please email Turnkey Asset Management Solutions at

Turnkey Asset Management Solutions Corporate Office:
8291 Beechmont Avenue, Suite C
Cincinnati, Ohio 45202
(513) 388-2440  

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