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MortgagePoint August 2024

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MortgagePoint ยป Your Trusted Source for Mortgage Banking and Servicing News 20 August 2024 M O V E R S & S H A K E R S as strategic partners to lenders, servicers and investors. They are enthusiastic about the potential of our current and future solutions to accelerate the industry's momentum." CANDOR TECHNOLOGY NAMES NEW CTO Candor Technology, a platform that uses artificial intelligence (AI) technology to automate loan under- writing and quality control (QC) for mortgage lenders, has appointed Eric Rawlings as its new CTO. Rawlings brings a wealth of experience and a proven track record of driving technological excellence across diverse industries. "Eric's strategic mindset, technical acu- men, and commitment to excellence align perfectly with our company's mission," Candor Technology CEO Mark Hinshaw said. "We look forward to his leadership in driving innovation and delivering excep- tional solutions to our clients." Rawlings is an IT leader with over two decades of experience, particularly in disaster recovery, governance, risk management, and compliance (GRC), among other technical skills. His expertise lies in leveraging technology to transform businesses, enhance scalability, and ensure robust security. Having held senior positions in technology management and information security, Rawlings has been pivotal in developing and managing financial services technology platforms. His strategic leadership has successfully guided technology teams across various sectors, including financial services, retail, healthcare, customer service, e-commerce, and the Department of Defense (DoD). Rawlings' vision and direction have been fundamental in evolving start-up organi- zations into world-class industry leaders, demonstrating his ability to optimize operations and spearhead innovation in a dynamic technological landscape. As CTO, Rawlings plans to lever- age cutting-edge technologies to drive innovation within Candor. He believes that technology should be an enabler, empowering businesses to achieve their strategic goals. With his experience in rap- idly growing digital businesses, Rawlings will focus on scaling Candor's technology infrastructure while maintaining agility. He aims to create a robust foundation for future growth. Rawlings also recognizes the critical importance of cybersecurity, and under his leadership, Candor will con- tinue to prioritize security measures and compliance with industry standards. NEW VP OF SALES JOINS DOWN PAYMENT RESOURCE Twenty-year mortgage industry veteran Brad Cardwell has joined Down Payment Resource (DPR) as VP of Sales and Business Development. DPR's tech solutions connects homebuyers with homebuyer assistance programs. In his new role, Cardwell will lead DPR's enterprise sales, growing both its sales team and partner network, with the goal of making more housing profession- als and consumers aware of the availability and benefits of DPA for a range of home- buying expenses and property types. "We are very excited to have someone of Brad's stature and experience join DPR to extend our sales efforts at a very critical time for our company," DPR Founder and CEO Rob Chrane said. "In the midst of an ongoing affordability crisis, we're seeing more program providers and more down payment assistance options than ever and it's our mission to get DPA into the hands of more homebuyers through their lender or real estate professional. There's never been a time when DPA is more important, and we're looking to Brad to help us spread the word." Cardwell began his mortgage career as a loan officer and team leader at Embrace Home Loans, where he worked for 19 years, most recently as VP of Innovation for Revenue and Sales Enablement. In this position, he launched the Sales Enable- ment Product Owner role, providing oversight of sales and marketing oper- ations, including crafting go-to-market strategies and managing its technology stack to elevate organizational productivity. As the bridge between the executive team and sales, he led improvements in systems and processes, mitigating risks for loan of- ficers, and attaining a 3.5-day reduction in Embrace's lead-to-close timeline. He also previously served on the Executive Adviso- ry Board of nCino (formerly SimpleNexus, an nCino Company), providing feedback for the product and roadmap. "I'm especially grateful for this op- portunity to contribute to a company that is truly making a difference," Cardwell said. "DPR is at the forefront of helping homebuyers access down payment assis- tance programs making homeownership more attainable for many. I'm inspired by their mission and can't wait to dive in and collaborate with such an innovative and dedicated team." MOBILITY MARKET INTELLIGENCE ADDS AI SPECIALIST Mobility Market Intelligence (MMI), a provider of data intelligence and market insight tools for the mortgage and real estate industries, has announced that Dan Jones, a seasoned data and artificial intelligence (AI) strategist, has joined the company as Chief Data Officer. "Dan's experience and understanding of our mission as an organization cannot be overstated. His addition to the team underscores MMI's dedication to attracting top talent," MMI Founder and CEO Ben Teerlink said. "We're looking forward to building greater efficiencies, insights, and heightened data intelligence into MMI at the enterprise and individual level." Jones joins MMI after a 17-year tenure at Rocket Companies, where he rose from Business Intelligence Engineer to SVP and Head of Data Intelligence at Rocket Mortgage and Rocket Central. He played a leading role in establishing Rocket's BI and data science capabilities, operationalizing AI initiatives and driving revenue growth through data-driven strategies. Jones led the creation of Rocket's multi-petabyte data platform, which Rocket has publicly reported as powering more than 3.7 billion

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