Mike Rasooli Joins LRES as CTO – NMP Skip to main content

Mike Rasooli Joins LRES as CTO

National Mortgage Professional
Nov 17, 2015
​LRES has announced that Mike Rasooli has been hired as the company's chief technology officer (CTO)

LRES has announced that Mike Rasooli has been hired as the company's chief technology officer (CTO). In this role, Rasooli manages LRES’ technical priorities and operational vision; drives growth by delivering applications, tools and services; and leads all aspects of the company’s strategic and tactical technological development.

Rasooli has more than 27 years of experience in management, software development and IT experience with an extensive background in enterprise and database management systems, B2C and B2B E-commerce, customer relationship management, document management and mortgage technologies. Prior to joining LRES, Rasooli has served as the chief technology officer for Edge Mortgage Advisory Company and PowerSoft 360. He has also served as CEO/CTO at LogixInfo. Prior to that he has also served as a director of Project Management at Pathways, a senior software engineer at Corbis Images and Timeline and senior project manager at Microsoft.

“Mike is no stranger to technological innovation, and we welcome his specialized expertise to add further enhancements and value to our proprietary appraisal order management technology platform, LRES DirectConnect, and our vendor portal, as well as provide guidance and strategic direction toward future technological developments,” said Roger Beane, CEO of LRES.

Rasooli also holds a bachelor’s degree in science from the University of Darmstadt in Germany.

Published
Nov 17, 2015
Chairman Xu Sells Off Personal Assets To Avoid Default

The Evergrande saga continues as Chairman Xu Jiayin sells off 7 billion yuan ($1.1 billion) of his personal assets to prop up the deflating property giant.

Industry News
Nov 23, 2021
OptiFunder Secures $25 Million In Capital

OptiFunder, a warehouse management system provider for mortgage originators, raised $25 million in additional capital lead by Arthur Ventures, a growth capital firm focused on high-growth, founder-led and capital efficient B2B software companies.

Tech
Nov 23, 2021
Mortgage Company Donates $100K To High School In Memory Of Fallen U.S. Navy Corpsman

Cleveland-based CrossCountry Mortgage donated $100,000 to Milan Edison High School in memory of U.S. Navy Corpsman, Maxton W. Soviak, who died while assisting in the evacuation of Americans and refugees in Afghanistan in August.

Community
Nov 23, 2021
MISMO Seeks To Standardize Pre-Closing Title Data

Forming workgroup to focus on standardizing document datasets to streamline process and increase efficiency.

Industry News
Nov 23, 2021
Pandemic's Impact On Real Estate Around The World

Although the impact of the COVID-19 pandemic on the real estate industry has been well-documented within the United States, it’d be prudent to know how the global event impacted other countries as well. 

Industry News
Nov 22, 2021
Housing Market Potential Strengthens Modestly

First American Financial Corporation's Potential Home Sales Model for October 2021 reported that potential existing-home sales increased 0.1% month-over-month to 6.27 million, with household formation continuing to grow, largely driven by millennials.

Analysis and Data
Nov 22, 2021