A new president/CEO has been named at Xetus Mortgage Corp. as the loan origination and management technology provider plans improvements to its Web-based platform, the company said.
Scott Stein was promoted from vice president of sales and marketing and will lead a 2011 focus on offering clients more ways to grow origination volume and new tools for managing compliance and risk associated with debt instruments, HELOC maturity management, origination and subordination, and loan modifications, the Palo Alto, Calif., company said.
"We are making a significant, long-term investment in the way we deliver service to our client base," Stein said, adding that additional software engineers are being hired to help develop the new functionality.
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