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Precept hires Leeb. (Technology Update).


In an ongoing effort to build up its roster of participating mortgage brokerage and mortgage banking companies, Precept An order, writ, warrant, or process. An order or direction, emanating from authority, to an officer or body of officers, commanding that officer or those officers to do some act within the scope of their powers. Rule imposing a standard of conduct or action.  has hired 18-year industry veteran Jonathan M. Leeb, now working out of the company's Oakland office. Frank Scavone, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Precept, made the announcement.

"We see 2002 as a pivotal year for Precept. Our commercial loan auction platform has gathered significant momentum since its inception at the 2001 MBA/CREF conference, and we're working quickly to attract the critical mass of market participants The term market participant is used in United States constitutional law to describe a U.S. State which is acting as a producer or supplier of a marketable good or service. When a state is acting in such a role, it may permissibly discriminate against non-residents.  that will allow us to effect improved efficiency in the commercial real estate financing industry," Scavone said. "Jon will help us achieve our goal by encouraging intermediary Intermediary

See: Financial intermediary


intermediary

See financial intermediary.
 firms based in the Pacific Northwest to use Precept to their benefit, improving their customer service and overall competitiveness."

Leeb previously held the position of managing director at LoopNet, Inc., where he was chief architect of the company's business-to-business eFinance division, LoopLender. He was responsible for project and product management and development, business development, marketing and sales. Prior to his tenure at LoopNet, Leeb created Marcus & Millichap Capital Corporation, a mortgage banking subsidiary for the largest real estate investment brokerage company in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , including development of a business plan and its full implementation. He also served in senior executive roles at TRI TRI Toxics Release Inventory (US EPA)
TRI Touch Research Institute
TRI Taux de Rentabilité Interne (French: internal rate of return)
TRI Taux de Rentabilité Interne
TRI Tile Roofing Institute
 Financial Corporation, Charter and Leeb Inc., Borel Financial Group and Cornish & Cary Commercial.
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Article Details
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Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Feb 27, 2002
Words:225
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