The seasoned veteran sells City Bank division before joining the team
The Silk Companies, a real estate product and service provider, has announced the appointment of former CapWest division president Monte Robbins as chief strategy officer.
Robbins will work with the Silk executive team to automate processes, reduce costs, and streamline the traditional closing experience. In addition, he’ll responsible for visiting senior industry executives across the nation to discuss their needs and oversee the development engineers who will carry out the feedback.
"I am thankful that we work with the top lenders across the nation. In meetings with our clients, I hear the pain points that aren't being solved,” said Silk CEO Marc Trachtenberg. “It became abundantly clear to me Silk needed to focus on two things: bring in seasoned talent from the mortgage origination side and have an obsessive focus on our process inside the larger mortgage ecosystem.
Trachtenberg said that Robbins brought “a wealth of executive experience” to Silk. Robbins founded CapWest Mortgage 17 years ago and grew the company “tremendously” within a bank before selling it.
“He's lived that life every day in the trenches, which gives him such a unique perspective on the challenges we are solving for buyers, lenders, and agents," Trachtenberg said.
"Mortgage lending today is complicated on multiple fronts," said Robbins. "I am excited to work on the challenges from the other side of the coin. Marc and the team at Silk have been great partners to CapWest and myself for years, so I'm fortunate to know firsthand the value they already bring. I am driven to help take Silk to the next level that our industry needs."