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RealtyTrac Foreclosure Report: Foreclosure activity increases seven percent in May

National Mortgage Professional
Jun 12, 2008

Optimal Blue names Ron Harrison as new business development managerMortgagePress.comOptimal Blue, Ron Harrison, decisioning technology Optimal Blue, a developer of a Web-based platform that couples decisioning technology with content management for the mortgage industry, has announced that it has named Ron Harrison as business development manager for the Western region. As a sales and relationship manager, Harrison is creating new opportunities for Optimal Blue while managing existing client relationships in his territory. As a 20-year veteran in the mortgage industry, Harrison has worked with some of the nation's largest mortgage lenders. Knowing the challenges faced by mortgage bankers today, Harrison believes that Optimal Blue's technology is the best in class, helping gain efficiencies and create seamless coordination in the secondary market between lenders and the investment community. According to Harrison, Optimal Blues second-generation technology continues to evolve, enabling mortgage bankers to leverage the solution for improved efficiencies and increased revenues, which is critical in this business environment. "Ron's proven track record in forging productive business relationships resulting in revenue and profit enhancement qualifies him as an excellent person to manage our Western Region," said Larry Huff, co-CEO and co-founder of Optimal Blue. "His expertise as a strategist and solid decision maker with extensive knowledge and experience in the mortgage industry makes him a great addition to our company." The majority of Harrison's career was spent working at GMAC Residential Funding Corporation, where he was regional sales manager. At GMAC, Harrison worked with numerous banks and security firms to secure financing for A, B, C and D applicant credit grades. While there, he was recognized as Top Sales Director, Top Volume Producer and was a member of the President's Club for three consecutive years. Harrison accomplished top revenue percent to goal, and successfully grew the sales volume from $25 million a month to more than $450 million a month in six years. Harrison comes to Optimal Blue with a diverse background, having extensive experience in a variety of lending positions, including warehouse, retail and correspondent. Harrison gained expansive knowledge in warehouse lending during his seven-year tenure with Walnut Creek, Calif.-based First Collateral, now part of Citigroup, which offered financial capital for mortgage lenders and bankers. At First Collateral, Harrison worked as a warehouse lending officer where he provided a line of credit secured by mortgage backed assets for mortgage banks ranging in size from $5 million to $75 million to fund their lending operations. "Today, mortgage bankers are concentrating on ways to enhance profits and grow revenues," Harrison said. "This technology has gained so much traction in the past few years, and will continue to do so, because it speaks directly to improving a lender's bottom line. Larry and Ivan, co-founders of Optimal Blue, had the luxury of hindsight when they created Optimal Blue, and as a result, they have advanced the system above anything else currently offered in the market. This is a company--and a technology--that delivers on its promise to improve workflow and enhance profits, and I look forward to making a significant contribution to the team." For more information, visit
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