PCLender Names Mortgage Veteran Tom Corvo VP Business Development
Wholesale lending expert equates SaaS enterprise platform with
improved profitability
HONOLULU (Business Wire EON/PRWEB ) August 11, 2008 --
PCLender.com, a fully hosted web
based software and services solutions provider to mid-sized mortgage
bankers and financial institutions, has named mortgage banking veteran
Tom Corvo vice president for business development. Corvo, whose mortgage
career spans 18 years, was an early adopter of the PCLender.com InHouse
Mortgage enterprise lending platform as it was developed and launched in
the mid 1990s.
Most recently, Corvo served as the Hawaii wholesale manager for Colorado
Federal Savings Bank, returning to a position he had also held from 2000
to 2005 when Countrywide recruited him as a retail branch manager.
Between 1995 and 2000, Corvo was the Hawaii wholesale branch manager for
BNC Mortgage and WMC Mortgage, respectively.
“Credibility is a dominant factor for success
in the mortgage industry,” said PCLender.com
vice president for sales Sean Dugan. “Not only
has Tom Corvo earned his mortgage business credentials in the trenches,
but he’s also what you might call a true ‘evangelist’
for InHouse Mortgage. He understands firsthand its impact on lender
profitability, and will drive that message home.”
PCLender.com developed its InHouse Mortgage platform to provide a
low-barrier-to–entry, variable cost solution
enabling lenders to achieve operating efficiencies that increase the
volume of loans per FTE. Its typical 30-day “soup
to nuts” implementation cycle allows lenders
to realize measurable profitability improvements in 60 to 90 days.
“This is a prime time for mortgage lenders to
explore and appreciate the real business advantages of selecting PCLender’s
hosted platform and expert mortgage business services,”
said PCLender vice president for business development Tom Corvo. “Frankly,
it has come as a surprise to learn that so many mortgage lenders are
operating expensive, cobbled systems that do not come close to our
platform’s performance. I am excited for the
opportunity to help rebuild an industry that has been very good to me.”
About PCLender
Honolulu-based PCLender (www.PCLender.com)
has for more than a decade helped mortgage bankers accelerate business
performance goals through technology-enabled best practices guidance,
services and solutions. PCLender’s fully
hosted enterprise mortgage lending platform InHouse Mortgage eliminates
traditional “barriers to entry”
for mortgage bankers, community banks and credit unions seeking business
process improvements on par with the Fortune 500. For more information
about PCLender contact Lionel Urban at lurban@PCLender.com.
See the original story at: http://eon.businesswire.com/releases/mortgage/pclender/prweb1199134.htm
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