Mercury Network Hires Mortgage Industry Veteran Matt McLean as National Sales Director

OKLAHOMA CITY, Nov. 2, 2010 /PRNewswire/ -- a la mode announced today that Matt McLean, a 23-year mortgage banking executive and past president of the Oklahoma Mortgage Bankers Association, will be joining a la mode's Mortgage Solutions Division as the national sales director for the South Central Region.

McLean's background includes two decades of senior executive oversight of mortgage lending, with extensive experience in business development, sales and marketing, credit risk management, compliance, and operations for regional and national lenders such as MidFirst Bank and Countrywide Home Loans.  Most recently, McLean was the national sales and business development executive for Nations REO, a foreclosure management company.

McLean's primary focus will be on expanding Mercury Network's penetration into the AMC, lender, and REO servicer markets in Texas, Oklahoma, Arkansas, and Kansas.

Adam Calvery, president of a la mode's Mortgage Solutions Division, welcomed Matt to the team.  "Matt's real-world executive experience and deep industry contacts in the mortgage and REO industries are invaluable assets.  He's a natural fit for our new mortgage division, and we feel extremely lucky to have him with us."

a la mode has been known to date primarily for its domination of the appraisal software and services market, with more than half of all real estate appraisers in the nation using its desktop appraisal software to develop form reports.   However, the company's Mortgage XSites and XSellerate product families are also the nation's most popular line of origination websites and marketing tools for mortgage brokers and loan officers, and its Mercury Network valuation vendor management platform is likewise the mortgage lending market leader.  Those solutions and more have been rolled into the company's newly formed Mortgage Solutions Division.

"It's an exciting time to join a la mode," commented McLean. "I could see and feel the creative energy filling the new division from the moment I walked in the door.  The growth is exponential, and with the company expanding into REO services and even more compliance, quality assurance, and fraud solutions, there's no end to that growth in sight."

About Mercury Network

a la mode's Mercury Network is the nation's premiere online Vendor Management Platform, or VMP, allowing lenders and AMCs to manage their entire appraisal workflow while being compliant with all appraisal independence standards and banking security regulations.  Mercury can be used as a complete retail appraisal solution, offering everything from web-based front ends for loan officers and compliance staff to file and status management front ends for field appraisal vendors, or it can be deployed as an interfaceless "black box" service snapping directly into a larger operation's existing proprietary system using a variety of robust APIs.  Mercury is used in both capacities by a lengthy roster of the nation's largest lenders and AMCs, as well as by numerous community banks, credit unions, wholesale and correspondent lenders, and mortgage brokers.  It's been used by more than 200,000 mortgage professionals since 2002 to completely automate the full "round trip" of tens of millions of appraisals. For more information, visit www.mercuryvmp.com.

About a la mode

Celebrating 25 years as a dominant leader in the real estate and mortgage industries, a la mode develops mission-critical desktop, mobile, and Web tools used by hundreds of thousands of appraisers, agents, inspectors, and lending professionals to power tens of millions of transactions each year. a la mode's state-of-the-art offices are located in Salt Lake City, Oklahoma City, and Washington, DC. For more information, visit www.alamode.com.

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SOURCE a la mode