On March 26, 2018, William P. Wall informed the Board of Directors of Front Yard Residential Corporation that he would be stepping down as a Director of the Company effective March 26, 2018, due to increasing time commitments from his other business obligations. On March 29, 2018, the Board appointed George W. McDowell as a Director of the Company to fill the vacancy created by Mr. Wall's departure. Mr. McDowell has been appointed to serve as the Chair of the Audit Committee and a member of the Compensation Committee. Mr. McDowell brings extensive experience in asset finance and accounting that will provide valuable insights to the Board of Directors. In 2017, Mr. McDowell retired from his role as a Managing Director at Bank of America Merrill Lynch in Charlotte, NC.