Pat Carney has been named chief innovation officer (CInO) at ClosingCorp. In his new position, Carney will be charged with exploring and driving innovative solutions that impact the business and industry segments to deliver new growth opportunities and cultivate and commercialize market breakthroughs.
As CInO, Carney will oversee the strategy behind the company’s technology partnerships and will look holistically at the user experience based on heightened customer needs and expectations. Responsible for product ideation, Carney will work closely with the product development team and all players within the mortgage ecosystem—including title and settlement, real estate, mortgage and technology partners—to drive creativity and implement forward-thinking solutions.
Carney most recently was senior vice president of strategic partnerships at ClosingCorp. Prior to joining ClosingCorp, Carney was chief operations officer and chief strategy officer at reQuire, a web-based lien release tracking and reporting service. He also founded 360 STS, a consulting firm that assists title companies with ALTA Best Practices, as well as developing new products for enabling workflow, automation and compliance. Earlier in his career, Carney founded four successful title companies, was a performance consultant for a large national underwriter, and served as chief technology officer and director of Marketing at large title companies.
“ClosingCorp is focused on accelerating innovation to streamline the mortgage disclosure and closing processes,” said James Bolger, chief financial officer and interim co-CEO. “The cross-functional nature of the role, and the broad skillsets required, necessitate someone with a balance of technical, managerial and real world experience, and Pat is that person.”
“Over the past two years, ClosingCorp has experienced significant double digit growth. I’m excited about the opportunity to build on this momentum and bring a stronger focus on innovation both within our company and for our clients,” said Carney. “I look forward to turning fresh ideas into great products.”