Industry aims to seize opportunities amid mortgage industry challenges
The fintech sector is pushing hard to firmly establish itself within the mortgage industry and firms are hiring the best talent to do that.
Among the senior hires announced in the past week is Riivos’ appointment of Jeffrey Axelrod as Group Executive.
Axelrod was the founder and CEO of Cogent, an industry-leading firm that provides accounting software used by some of the largest endowments, pension funds, private equity funds and fund of hedge funds, to manage over $100Bin assets.
He says he is looking forward to bringing a quarter of a century of fintech and enterprise software experience to the mortgage industry.
Jeffrey Axelrod. Image credit: Riivos Mortgage
"This is a challenging market cycle in the mortgage industry and, at the same time, full of opportunities. I've had many years of experience helping clients navigate dynamic market conditions. I am delighted to join Riivos Mortgage and lead the charge in helping mortgage lenders execute on their financial goals to increased profitability, liquidity and longevity," he said.
He was previously chief operating officer of leading LOS provider Mortgage Cadence and founder of Mortgage Technology Advisors.
"The market's demand for rapid implementation of origination tech has prompted the development of this new tech advisory team," said Arvin Wijay, CEO at Consolidated Analytics. "Powerful technology must be paired with exceptional processes to maximize the return on investment and Randy will ensure that our clients get the most out of their investment spend."