SimpleNexus appointed board member Cathleen Schreiner Gates as its president. Schreiner Gates spent the last 35 years playing a prominent role in helping early-stage and global software organizations drive growth, according to a press release.
She was appointed to SimpleNexus' board in April 2020 and previously served as executive vice president of sales and marketing at cloud-based mortgage technology provider Ellie Mae from 2015-2019 where she spent six consecutive years on the Deloitte Technology Fast 500 and negotiated a $3.7-billion purchase by private-equity firm Thoma Bravo. Ellie Mae recently sold again for $11 billion.
Schreiner Gates is CEO of independent consulting firm Trifecta, which she founded in 2009.
"She will play an important role helping us deliver increased value to our customers and expanding SimpleNexus’ market footprint," said SimpleNexus founder and CEO, Matt Hansen.
"Helping emerging companies grow into their full potential has been a career-long passion of mine," said Schreiner Gates.
Servicing kept the lender profitable in the third quarter as production volume plunged and management accelerated a $160 million cost-reduction plan
Pennymac is cutting jobs and accelerating automation after its mortgage production business swung to a third-quarter loss, even as servicing income kept the company profitable.The lender reported $29 million in net income for the quarter, but its production segment posted a ...
Born from a broker's winning Big Pitch proposal, Quick Counter analyzes competing Loan Estimates and generates alternative offers during borrower calls
Rocket Pro's November Power Play introduces Quick Counter, a new application that allows brokers to upload a competing Loan Estimate, compare pricing, and generate a counteroffer while the borrower is still on the phone.Available through Rocket Pro Navigate, the tool support...
Born from a broker's winning Big Pitch proposal, Quick Counter analyzes competing Loan Estimates and generates alternative offers during borrower calls
The deal builds on a series of automation initiatives as the tech provider moves toward AI agents capable of executing tasks throughout the loan lifecycle
The Argyle-powered addition brings income, employment, and asset verification into one service, with bank-connected data flowing directly into the loan application