Exec's "holistic view" will help the company "modernize compliance strategies"
Mortgage tech company Xactus has announced the addition of Ross Gloudeman to its executive team as general counsel and chief compliance officer.
In his new roles, Gloudeman will be in charge of Xactus’ legal and compliance strategies. The company said he will also strengthen its regulatory compliance framework and manage its legal and compliance initiatives.
Gloudeman jumped to Xactus from RegTech company Azimuth GRC, where he most recently served as general counsel and chief compliance officer. He has also held leadership positions in legal, risk and compliance at Home Point Financial, Black Knight, and Walter Investment Management.
“By bringing in Ross, who has over 15 years of legal and compliance experience on the tech services side as well as the lending services side, we are furthering our commitment to successfully navigate the regulatory environment as we work to advance the modern mortgage,” said Perry Steiner, chairman and CEO of Xactus.
“His holistic view of financial services, especially mortgage, will go a long way toward helping us modernize compliance strategies for the quickly evolving mortgage landscape where fintech like Xactus are gaining ground and transforming the industry while traditional approaches are falling behind.”
Read next: Compliance management systems: What are they all about?
Xactus president Shelley Leonard added: “We’re excited to welcome Ross as he is a strong addition to our executive leadership team and one that is key to our ability to engage with regulators as we seek to transform the mortgage process in a way that benefits the lenders that use our services, the consumers seeking home financing solutions, and the wider industry.”
“It is exciting to be joining an industry leader that has been actively acquiring and developing the next generation of fintech solutions for verification,” Gloudeman said.
“Cultivating a comprehensive compliance management approach is something I have done before, and I believe my experience will be very helpful to the firm. I’m happy to be working for an innovative, growth-oriented firm that is building a modernized digital platform. We have a unique opportunity in a down market to help deliver the dream of homeownership by further enabling lenders’ decisioning and closing processes.”
