I don’t usually write about individuals, but in this case I want to make an exception because I’ve always considered this individual to be a thought leader. LERETA has appointed current president, John Walsh, to the role of CEO. He assumed responsibilities earlier in September 2015 and succeeded Jim Thornton as he retires after 25 years with LERETA. Thornton is a minority shareholder of LERETA and will continue to serve as a member of the board.
“LERETA is a rare company with a 29-year history of exemplary service to the mortgage lending and servicing industry,” Thornton said. “While the leadership of the company has changed a few times during the years, LERETA’s commitment to providing extraordinary service has not waivered. John and the current leaders at LERETA exemplify this commitment, and I am excited to assume my new role supporting this outstanding team. Being part of such a fine company, both in my past roles and in the future, is extremely rewarding.”
Walsh has more than 30 years of experience in the real estate industry, including six years as president of DataQuick, a nationwide provider of real estate property information and mortgage settlement services. Prior to DataQuick Walsh has served as CEO of three technology companies and as an executive at Weyerhauser Mortgage. He has an MBA from Harvard University and a B.S. in Economics from California Lutheran.
“We have a great opportunity at LERETA,” Walsh said. “The lending industry clearly needs better alternatives for managing the complexities of tax service. LERETA is well positioned to be that alternative based on the innovation we bring to the market, our deep, bench strength of highly experienced tax professionals and our unique commitment to extraordinary service.”
About The Author
Tony Garritano is chairman and founder at PROGRESS in Lending Association. As a speaker Tony has worked hard to inform executives about how technology should be a tool used to further business objectives. For over 10 years he has worked as a journalist, researcher and speaker in the mortgage technology space. Starting this association was the next step for someone like Tony, who has dedicated his career to providing mortgage executives with the information needed to make informed technology decisions. He can be reached via e-mail at firstname.lastname@example.org.