LRES, a nation REO and appraisal management company offering property valuations, asset management, HOA and technology solutions for the mortgage industry, has hired Mike Rasooli as its chief technology officer (CTO).
In this role, Rasooli manages LRES’ technical priorities and operational vision; drives growth by delivering applications, tools and services; and leads all aspects of the company’s strategic and tactical technological development.
Rasooli has more than 27 years of experience in management, software development and IT experience with an extensive background in enterprise and database management systems, B2C and B2B E-commerce, customer relationship management, document management and mortgage technologies. Prior to joining LRES, Rasooli has served as the chief technology officer for Edge Mortgage Advisory Company and PowerSoft 360. He has also served as CEO/CTO at LogixInfo. Prior to that he has also served as a director of Project Management at Pathways, a senior software engineer at Corbis Images and Timeline and senior project manager at Microsoft.
“Mike is no stranger to technological innovation, and we welcome his specialized expertise to add further enhancements and value to our proprietary appraisal order management technology platform, LRES DirectConnect™, and our vendor portal, as well as provide guidance and strategic direction toward future technological developments,” said Roger Beane, CEO of LRES.
Rasooli also holds a bachelor’s degree in science from the University of Darmstadt in Germany.