LoanScorecard has hired Raj Parekh as a digital mortgage strategist, the company announced.
The company said Parekh is a mortgage technology expert with more than 20 years of experience. He will lead the development and delivery of digital mortgage solutions that increase efficiency for investors, portfolio lenders and brokers, and improve the customer experience for borrowers. Parekh will report to LoanScorecard Executive Director Ben Wu.
“More and more millennials entering the housing market are turning to the Internet for the mortgage information they need, when they need it,” Wu said in a release. “So to compete in today’s market, lenders must be able to offer their borrowers a digital mortgage experience.”
“That’s why LoanScorecard is investing not only in innovative solutions that automate the mortgage process, but also in proven leaders, like Raj, who will work diligently with clients to ensure they have the right technology in place to take advantage of this growing market,” Wu added.
Prior to joining LoanScorecard, Parekh was vice president of business development at Insellerate. He also previously held positions at LeadPoint and ActiveProspect. Parekh also founded LeadROI.