A New Era Begins: PMSI Announces Strategic Board Member Appointments

LAS VEGAS--(BUSINESS WIRE)--PMSI, the mortgage servicing industry’s trusted partner for data-driven investor reporting and accounting tech-enabled solutions, is pleased to welcome three accomplished leaders to its Board of Directors: Dave Lowman, Rajesh Bhat, and John Walsh. These individuals bring a wealth of experience along with a shared commitment to creating long term value for PMSI and our clients.

Dave Lowman has joined the PMSI board and brings with him 40 years of experience in mortgage and consumer finance to provide strategic guidance on enterprise growth strategies. Dave has led the transformation of Freddie Mac’s Single-Family business into a client-centric, commercial enterprise. Under his leadership, the company embraced a culture of innovation and growth and led the further evolution of the U.S. mortgage industry post the great recession.

Prior to joining Freddie Mac, Dave served as CEO of Chase Home Lending overseeing $150 billion in annual production and a $1.2 trillion servicing portfolio at what was then the country's third-largest mortgage originator and servicer. He spent a decade in senior leadership roles in various Citigroup businesses where he led the growth and transformation of U.S. and global consumer lending businesses.

Rajesh Bhat has joined the PMSI board to provide strategic guidance on enterprise sales and growth strategies. Rajesh has served as a founder, operator, advisor and investor to high-growth finance and real estate technology companies throughout his career. He currently advises and serves on the board of multiple private technology companies. Most recently, he was the CEO and co-founder of Roostify, which was acquired by CoreLogic, the leading provider of real estate and financial data analytics for the housing finance industry. Rajesh has received numerous awards in recognition of his achievements in the housing finance and technology space, including HousingWire’s Vanguard Award and Inman’s Best of Finance.

John Walsh has joined the PMSI board to provide strategic directions on product development. John has been in the mortgage industry for more than 20 years, most recently as the CEO of Lereta where he expanded the company’s tax and insurance-related data and analytics offerings. Prior to joining Lereta, John spent over 10 years leading technology firms including RF/Spectrum Decision Science Corp. and PureCarbon, Inc. (now Workstream, Inc.). He is the recipient of Progress in Lending’s Luminary Award.

“The addition of these board members with deep industry experience and connections positions PMSI for our next phase of growth,” said Dan Thompson, CEO. “Dave, Rajesh and John are well-known leaders and innovators in the mortgage technology space and we’re grateful for their guidance.”

To learn more about PMSI, our solutions, and how we are changing the landscape of mortgage servicing, please visit our website at www.pmsi.me or email [e-mail] .

About PMSI

For 25 years, PMSI has been a trusted partner for data-driven residential mortgage investor reporting and accounting. The company’s unique solutions help leading loan servicers improve operational efficiency without sacrificing quality while offering unmatched transparency into the underlying causes of investor cashflow errors. The company is based in Henderson, Nevada, and is privately held.