SAN DIEGO, Calif.--(BUSINESS WIRE)--ClosingCorp, a leading provider of residential real estate closing cost data and technology for the mortgage and real estate services industries, announced today that Bob Jennings has been named as the company’s new Chief Executive Officer.
Jennings was previously executive vice president of RealEC® Technologies, a division of Black Knight Financial Services, the industry leader in web-based technology solutions designed to support lenders’ loan quality programs, minimize loan repurchase risk and drive efficiencies in the mortgage transaction process. During his tenure, RealEC streamlined operations and grew revenues exponentially, moving from a niche player in 2006 to an industry utility leveraged by the top mortgage lenders in the U.S.
“Bob has exactly the management, sales and operational experience we were seeking and a history of identifying opportunities, cultivating partnerships, building effective teams, and closing groundbreaking agreements, that ClosingCorp needs at this juncture” said Staffan Encrantz, chairman of the board of ClosingCorp. “He possesses a rare team building capability and entrepreneurial spirit, that together with his strong customer orientation and negotiating abilities has the potential to generate significant revenue growth. We are very excited that Bob has agreed to join ClosingCorp, and we very much look forward to working with Bob as he takes over the leadership of ClosingCorp and its development.”
Jennings said, “I’m thrilled to be joining the company at such an important time. ClosingCorp is an innovator in rate and fee management and a company that is forging the way to become the ultimate utility,” said Jennings. “With new technology offerings and the opportunity to expand ClosingCorp’s footprint, the company is on a clear path toward unparalleled success. I am honored to lead the organization on this journey.”
Jennings, 43, began his career with IBM Corporation in finance before moving into sales and sales management. He holds a Bachelor of Science (BS) in Business Administration, Villanova University and a Master of Business Administration (MBA), University of Florida – Warrington College of Business.
Headquartered in San Diego, Calif., ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies and strong alliances, the company delivers timely, accurate and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies and real estate professionals. Clients rely on ClosingCorp to help improve efficiencies and mitigate risk. For more information, please visit www.closing.com.