HighTechLending, Inc. expands its Wholesale and Reverse Lending Divisions with big talent

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Sep 08, 2014, 09:00 ET

IRVINE, Calif., Sept. 8, 2014 /PRNewswire/ -- Headquartered in Irvine, Calif., HighTechLending, Inc., a rapidly growing FHA Full Eagle Regional Mortgage Bank with three platforms, Retail, Wholesale, Reverse providing Conventional, FHA, VA and Reverse residential mortgages across multiple states and specializing in modern technologies and paperless loan process, announced David Smith as its newest Vice President of Operations, a mortgage industry veteran with 20 years of products, pricing and risk management experience.

Previously with Clear Vision Funding, Smith served as their Senior Vice President of Operations. He directed all facets of mortgage operations including compliance, underwriting, and all closing and funding areas. He managed implementation of mortgage operating risk functions; established processes, tools, and systems to identify, analyze, measure, and monitor operating risk in mortgage business. He also assisted in the dramatic increase in company volumes in wholesale transactions; since joining company, originations have totaled $3.2B.

Prior to Clear Vision Funding, David Smith served as executive vice president of Medallion Mortgage Corporation and held several wholesale loan trading and credit risk management positions. Erika Macias-White, SVP and Chief of Operations, featured in June's MPA Magazine's edition of Elite Women of Mortgage 2014, says "David's risk management experience will be invaluable to us during this time when ongoing regulations and compliance is at an all-time high." She added, "He will add maximum profitability and provide enormous operational efficiencies and quality in leveraging HighTechLending, Inc.'s guaranteed 5 star service."

Featured in this month's MPA Magazine, as one of the six leading experts in reverse mortgages, President of HighTechLending, Inc. and Past President of C.A.M.P Orange County, Don Currie, says, "David is ready for this exciting challenge and will be a valuable asset and addition to our team as we continue our trajectory of growth where our team is continually focused on dedication to customer service and providing operational efficiency."

About HighTechLending, Inc.
HighTechLending, Inc. is headquartered at 2030 Main Street, Ste 350, Irvine, CA 92614 with FNMA, VA, USDA and HUD endorsements and approximately 30 producing retail and reverse branches based in CA, FL, OR, CO, WA, TX, UT and AZ. Expansion to PA, NJ, VA, NV and MD are currently in licensing process.

For information and to check current rates, please visit http://www.hightechlending.net/reverse-wholesale/ or call us on 866-714-2040.

References:

www.mpamag.com

http://issuu.com/keymedia/docs/mpam_8.04/25?e=1100026/8946603

www.occamp.org

SOURCE HighTechLending, Inc.