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February 2024 » thefivestar.com 17 February 2024 M O V E R S & S H A K E R S running operations for a top servicer and as CIO of a GSE made it clear to me that our industry would benefit from a new servicing solution," Lux said. "After reviewing existing servicing systems and ones under development, I concluded that Ranieri's servicing platform as part of SAP Fioneer's offering will be the new standard. Ranieri's modern technology, incredibly knowledgeable team, and strong partnership with a financial technology powerhouse in SAP Fioneer makes Ranieri the obvious choice for mortgage servicers looking to lower their costs, keep compliant with regulators, en- hance their customers' experience, all in a modern cloud environment built from the ground up with security in mind." MORTGAGE EXECUTIVE TONY MEOLA JOINS BOARD OF DIRECTORS AT MILESTONES Milestones, an all-in-one home management solution specifically designed for consumers to buy, move, own, sell, manage and access mortgage services for their home, has announced that industry veteran Tony Meola joined the compa- ny's Board of Directors. The appointment is anticipated to significantly enhance the company's competitive edge within the mortgage industry with Meola's exceptional vision and ability to identify emerging trends. Milestones' home management solu- tion aims to be an industry game-chang- er in client retention, empowering consumers with online and secure home- owner portals to manage their property assets with the support of the real estate professionals that helped them acquire the home. "Homeownership is typically a decade-long journey that naturally intersects the real estate and mortgage markets," Meola explained. "It is crucial that real estate professionals provide their clients a lifetime value proposition and become more relational through ev- ery stage of homeownership. Milestones provides that opportunity by creating home management solutions that engage consumers and deliver valuable resourc- es throughout the entire life cycle of ob- taining and owning a home. As a result, Milestones has a unique opportunity to help the industry lift brand loyalty and create real value for consumers while increasing the margins of providers." Over the course of 30 years in the mortgage sector, Meola served on numer- ous industry advisory boards, including Black Knight Financial Services, Five Star Institute, Freddie Mac, Fannie Mae, and the Mortgage Bankers Board of Governors, where he demonstrated core strength in business strategy transfor- mation, operations, and organizational growth. "Real estate, mortgage, and title are the three pillars of any real estate trans- action," said Dustin Gray, CEO of Mile- stones. "Our objective has always been to unify the experience—for consumers and professionals alike. Tony brings a unique perspective having already executed this vision at scale during his tenure at major financial institutions. We are grateful not only for his big picture thinking, but also his entrepreneurial mindset and experience scaling that will help take Milestones to the next level." "The business of servicing has long since outgrown available technology, which increases borrower dissatisfaction, exposure to risk, inefficiencies, and operating costs." —Lewis S. Ranieri, Founder, Ranieri Solutions