Skip to main content

Urban Lending Solutions Names Michael Forgas Chief Strategy Officer

Oct 10, 2011

Urban Lending Solutions (ULS) has announced the hiring of settlement services industry veteran Michael Forgas, former chief executive officer of National Real Estate Information Services (NREIS), to serve as the company’s chief strategy officer. In his new role, Forgas will help set direction for the firm and head up its sales and marketing efforts. “I am very pleased to have Mike join our team,” said ULS Founder and Chairman Charles Sanders. “We’ve known each other for many years and his experience will serve our company very well. I’m looking forward to working with Mike to expand our offerings and our client base.” In his former role as CEO of NREIS and its subsidiaries, Forgas was responsible for all day-to-day operations and decisions for the family of companies. Prior to joining NREIS in 1996, Forgas was a certified public accountant and partner in a large regional accounting firm headquartered in Pittsburgh. “I expect my efforts will first go toward helping to diversify the company’s products and services in an effort to expand its customer base,” Forgas said. “Chuck has built a great company. I’m excited about helping him take it to the next level.” Forgas has been very active in issues facing the residential real estate services industry through the Title/Appraisal Vendor Management Association (TAVMA) and the Real Estate Service’s Providers Council (RESPRO). He is a past president of TAVMA and has been a member of its executive committee since its formation. He is also a member of the RESPRO board of directors. Forgas graduated from West Virginia University, magna cum laude, in 1981.
About the author
Published
Oct 10, 2011
In Wake Of NAR Settlement, Dual Licensing Carries RESPA, Steering Risks

With the NAR settlement pending approval, lenders hot to hire buyers' agents ought to closely consider all the risks.

A California CRA Law Undercuts Itself

Who pays when compliance costs increase? Borrowers.

CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

Fannie Mae Weeds Out "Prohibited or Subjective" Appraisal Language

The overall occurrence rate for these violations has gone down, Fannie Mae reports.

Arizona Bans NTRAPS, Following Other States

ALTA on a war path to ban the "predatory practice of filing unfair real estate fee agreements in property records."

Kentucky Legislature Passes Bill Banning NTRAPS

The new law prohibits the recording of NTRAPS in property records, creates penalties if NTRAPS are recorded, and provides for the removal of NTRAPS currently in place.