intelligent mortgage point-of-sale Archives

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.

The addition to Cloudvirga's executive leadership team comes on the heels of the company's recent announcement that it added five top-30 lenders to its digital mortgage platform in the last 100 days.

Before joining Cloudvirga, Portner was senior vice president of products and strategy for First American Financial Corporation (NYSE: FAF). In that role, Portner oversaw strategy, management and marketing for the firm's Database Solutions products, including Data Trace and DataTree. Portner has also held senior management roles at Interthinx, a mortgage fraud solutions provider acquired by First American in 2014, and CoreLogic (NYSE: CLGX).

Portner has made a career focus of innovation and disruption in the financial space. For more than two decades he drove product strategy within the professional accounting products division of Intuit (NASDAQ: INTU). Following Intuit, he served as product line general manager over enterprise resource planning and accounting product lines for Sage (LON: SGE).

"Jim has a remarkable pedigree developing and leading product lines for some of the world's largest financial services and SaaS firms," said Schreck. "He is the perfect fit to lead Cloudvirga's talented product team and take our market-disruptive digital mortgage platforms to the next level."

"Cloudvirga combines a unique approach to mortgage automation with powerful data insights to deliver a perfect loan every time," said Portner. "I look forward to shaping the future of our product line that lets borrowers and loan officers take the guesswork out of selecting the best available loan option."

Portner holds a master's degree in business administration from Emory University; a master's degree in business taxation from the University of Southern California; and a real estate finance degree from California State University, Long Beach.

About Cloudvirga(TM):

Cloudvirga's intelligent mortgage point-of-sale (POS) platforms uniquely combine a world-class borrower experience with a truly digital lender platform that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's initial customer roster includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $25 million from some of the country's top lenders and venture capital firms. For more information, visit http://www.cloudvirga.com/ or follow Cloudvirga on LinkedIn.

*PHOTO for Media: Send2Press.com/300dpi/17-1214s2p-portner-300dpi.jpg
*Photo Caption: Jim Portner Joins Digital Mortgage Automation Trailblazer Cloudvirga as Chief Product Officer.

Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company's digital mortgage automation platforms.

Related link: http://www.cloudvirga.com/

IRVINE, Calif. /ScoopCloud/ -- Cloudvirga(TM), developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually. The announcement follows the firm's addition of Michael Schreck as CEO in June and the completion of a $15 million Series B funding round led by Blackstone Group portfolio company Incenter in March.

"We are experiencing tremendous momentum as the industry's leading lenders come to know Cloudvirga and experience for themselves the power of a digital mortgage platform that attacks back-office costs," said Cloudvirga co-founder and COO Kyle Kamrooz.

"Our clients range from classic retail mortgage companies to lenders focused on direct-to-consumer loans and include some of the country's biggest originators of government loans and other specialty products," added Kamrooz. "What these diverse lenders have in common is a desire to work with a digital platform like Cloudvirga that delivers proven, scalable savings."

For American Financial Network (AFN), the decision to deploy Cloudvirga's technology boiled down to the company's desire to provide a frictionless home-buying experience for not only its tens of thousands of customers, but also for its 750 loan officers.

"We surveyed the digital platforms available in the marketplace and found Cloudvirga to be the leader in truly tackling the problems of mortgage cost and back-end inefficiency while still providing a terrific consumer experience," said John Sherman, president of AFN.

Cloudvirga re-engineers and automates the mortgage workflow to give consumers control over the loan application process and accelerate the mortgage sales funnel for loan officers. The company's digital mortgage technology delivers underwriter-ready loan applications with unmatched speed and quality, resulting in massively reduced costs to produce.

About Cloudvirga(TM):

Cloudvirga's intelligent mortgage point-of-sale (POS) platforms uniquely combine a world-class borrower experience with a truly digital lender platform that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga's initial customer roster includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $25 million from some of the country's top lenders and venture capital firms.

For more information, visit http://www.cloudvirga.com or follow cloudvirga on LinkedIn.

*LOGO for Media: Send2Press.com/300dpi/17-1115s2p-cloudvirga-300dpi.jpg

Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has signed five of the nation's top 30 non-bank lenders in the last 100 days. The new customers collectively originate over $100 billion in loans annually. The announcement follows the firm's addition of Michael Schreck as CEO in June and the completion of a $15 million Series B funding round led by Blackstone Group portfolio company Incenter in March.

Related link: http://www.cloudvirga.com/

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Tag Archives: intelligent mortgage point-of-sale

Mortgage Automation Trailblazer Cloudvirga Hires Jim Portner as Chief Product Officer

Five Top-30 Lenders Choose Cloudvirga’s Digital Mortgage Platform in Last 100 Days