LenderLive Names Larry Hudnall SVP of Settlement Services

LenderLive Network Inc. announced that Larry Hudnall has joined the firm as senior vice president, national sales manager of the company’s Settlement Services Sivision. Hudnall will be responsible for sales, sales management and revenue growth for LenderLive’s Settlement Services division. He will report directly to Joe Mowery, president of the division. Hudnall brings more than 20 years of mortgage industry experience to LenderLive. Hudnall spent much of his career with First American, holding a series of senior positions including, executive vice president and national sales manager, Mortgage Information Services, executive vice president and national sales manager, TransContinental Title, and most recently senior vice president, national account director of Mortgage Services. During his tenure at First American, Hudnall served the company’s major accounts and generated hundreds of millions of dollars in sales directly and indirectly through his sales team. Prior to First American, Hudnall was account and product manager for Progressive Insurance’s Financial Services Industry sector. Hudnall began his career as a C.P.A. for Ernst & Young. He also served four years in the U.S. army prior to commencing his professional career. “Lender costs to process, underwrite and close loans continue to rise. In addition, even the slightest error in the closing and settlement process can make a loan un-saleable or generate a complaint to regulators adding more risk and costs,” said Joe Mowery, president of LenderLive Settlement Services division. “The situation will only become more challenging with the coming changes to RESPA/Truth in Lending Act rules. Adding experienced, senior-level mortgage industry veterans like Larry will ensure our solutions continue to help our clients successfully cope with the ever-evolving issues and transformation in our industry.”