ClosingGuard Names Mortgage Financial Industry Leader, Greg Jacobson, as Chief Executive Officer.Business Editors NEW YORK--(BUSINESS WIRE)--Dec. 18, 2000 ClosingGuard(SM) (www.closingguard.com), the leading online mortgage closing system for mortgage lenders and title insurers, has named Greg Jacobson, 37, as its new Chief Executive Officer starting the first of the year. Jacobson will be leaving his post as Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. Warehouse Lending, the business he successfully created for Countrywide Home Loans, a subsidiary of Countrywide Credit Industries (CCR 1. CCR - condition code register. 2. CCR - (Database) concurrency control and recovery. ). Over the course of his distinguished 18 year career in the mortgage finance industry, Jacobson has been widely recognized for his ability to create and implement new business plans for small, mid size and Fortune 500 companies. In each instance these companies have been able to generate consistent profits in a remarkably short time frame. "This is a huge coup for us at ClosingGuard. In addition to his knowledge and keen business sense, Greg's experience in the mortgage and title industries will help propel pro·pel tr.v. pro·pelled, pro·pel·ling, pro·pels To cause to move forward or onward. See Synonyms at push. [Middle English propellen, from Latin ClosingGuard to the next level", said Steven Wolinsky, who will now serve as the company's Chairman. When asked what made him decide to join ClosingGuard, Jacobson responded, "ClosingGuard is a technology standout, online closings are just a matter of time, and I want to be involved with the leader as this business develops." Jacobson added "ClosingGuard is working with some incredible strategic partners and is just about perfectly positioned." ClosingGuard creates a ClosingSpace(SM) for each closing, which holds all data securely on the company's servers. Customers can use any web-enabled PC to access the service. Lenders, title insurers and other real estate professionals manage and update all forms online, reducing costs and errors. Complete closing packages are available immediately following the actual closing, significantly reducing post-closing delay in delivering a perfected and accurate mortgage file to warehouse banks, investors, servicers and custodians
The Custodians is terminology in the Bahá'í Faith, which refers to nine Hands of the Cause assigned specifically to work at the Bahá'í World Centre in attendance to the Guardian of the Faith. . About ClosingGuard Founded in November 1999, ClosingGuard(SM),(www.closingguard.com), is an innovative Internet application service provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) offering lenders, title companies, real estate professionals, buyers, and sellers a secure, and neutral platform to conduct automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. closings. ClosingGuard(SM) creates operational efficiencies by saving time, reducing fax and courier A monospaced typeface originating from the typewriter that is commonly used for letters. It is still considered by many to be the "appropriate" typeface for business correspondence. charges, and automating virtually every phase of the real estate closing process. Users of ClosingGuard's Internet based platform conduct closings on-line, in a streamlined format, that offers a number of competitive advantages including automated reporting, fraud detection and increased customer service at a substantial savings to its users. |
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