IRVINE, Calif. /California Newswire/ — Cloudvirga, developer of intelligent mortgage point-of-sale (POS) platforms, has hired Jim Portner as chief product officer. Portner will report to Cloudvirga CEO Michael Schreck and will oversee product strategy, development and marketing for the company’s digital mortgage automation platforms.
The addition to Cloudvirga’s executive leadership team comes on the heels of the company’s recent announcement that it added five top-30 lenders to its digital mortgage platform in the last 100 days.
Before joining Cloudvirga, Portner was senior vice president of products and strategy for First American Financial Corporation (NYSE: FAF). In that role, Portner oversaw strategy, management and marketing for the firm’s Database Solutions products, including Data Trace and DataTree. Portner has also held senior management roles at Interthinx, a mortgage fraud solutions provider acquired by First American in 2014, and CoreLogic (NYSE: CLGX).
Portner has made a career focus of innovation and disruption in the financial space. For more than two decades he drove product strategy within the professional accounting products division of Intuit (NASDAQ: INTU). Following Intuit, he served as product line general manager over enterprise resource planning and accounting product lines for Sage (LON: SGE).
“Jim has a remarkable pedigree developing and leading product lines for some of the world’s largest financial services and SaaS firms,” said Schreck. “He is the perfect fit to lead Cloudvirga’s talented product team and take our market-disruptive digital mortgage platforms to the next level.”
“Cloudvirga combines a unique approach to mortgage automation with powerful data insights to deliver a perfect loan every time,” said Portner. “I look forward to shaping the future of our product line that lets borrowers and loan officers take the guesswork out of selecting the best available loan option.”
Portner holds a master’s degree in business administration from Emory University; a master’s degree in business taxation from the University of Southern California; and a real estate finance degree from California State University, Long Beach.
Cloudvirga’s intelligent mortgage point-of-sale (POS) platforms uniquely combine a world-class borrower experience with a truly digital lender platform that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Founded by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga’s initial customer roster includes eight of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $25 million from some of the country’s top lenders and venture capital firms. For more information, visit http://www.cloudvirga.com/ or follow Cloudvirga on LinkedIn.