New Jersey-based Visionet Systems Inc. has hired John A. Spencer as vice president, consumer lending, the company announced.
“Visionet has significant plans to grow in the consumer lending space and we expect John to play a pivotal role in driving this growth,” Visionet CEO Arshad Masood said in a release. “John’s experience and competencies are broad and deep and include managing company growth strategies that encompass business development, information technology and program management.”
“He possesses significant change management experience, understands best practice standards and procedures management, and enterprise application planning that spans technology, sales, operations, accounting and corporate business functions,” Masood added. “We are fortunate to have him join our team.”
Spencer previously served as a senior technology account manager at Fannie Mae. Prior to that, he served as senior program manager for Downey Savings & Loan.
Additionally, Spencer was a senior vice president of business development for Fidelity National Financial; and vice president and enterprise program manager in the IT Department for First American/CoreLogic and US Bancorp.
“I am very excited about my new role and its support for the current on-going transformation of our industry. Visionet has very deep investments in lending and leading edge technology with over two decades in the mortgage space,” Spencer said. “Importantly, they understand the challenges of lenders in this current environment to focus on customer satisfaction, be nimble to new opportunities while driving internally efficiencies to lowering cost per loan. I am confident that together, we will be able to help our customers keep pace in today's consumer lending space.”
Visionet offers technology solutions across multiple domains, including title and settlement, underwriting and appraisal management.