Medallion Analytics, a provider of productivity and compliance tools for the mortgage industry, announced that John Contreras joined Medallion as vice president of sales. He brings more than 23 years of experience in the national title insurance industry serving the home equity, first mortgage refinance, loan modifications and Real Estate Owned (REO) markets.
In his new role, Contreras is primarily responsible for increasing Medallion’s footprint in the lender segment and implementing overall sales strategies designed to help achieve the company’s business objectives.
“With his vast knowledge of the industry and outstanding sales track record, John is a great addition to our team,” said Joel Davidson, chief executive officer of Medallion Analytics. “Armed with our powerful productivity and quality tools, he will help us repeat the success we achieved in the settlement services segment.”
Medallion’s technology is used by lenders to minimize risk by providing automated pre– and post – close audits and vendor management tools.
“Compliance and productivity are top priorities for mortgage originators and servicers, and the timing of Medallion’s solutions is perfect,” Contreras said. “The adoption rate of Medallion’s technology by the large national settlement agents is further testament to the value that we provide. I am thrilled to have the opportunity to help the company grow and facilitate a fundamental shift to automation.”