What does Progress in Lending do for the Mortgage Industry? “In short it provides a forum for both technology and lender thought lenders to share, discuss, debate, and more importantly celebrate innovators that are dedicated to advancing an industry, that up until recently has been a “late bloomer” around technology,” answered Eric Kujala. “Like any chemical reaction, it requires a catalyst to get it going. Progress in Lending is that catalyst which bring both lender and partner together to solve real industry problems. What better way than a nonaffiliated association to help create an environment for these industry leaders to celebrate innovation and mutual admiration for the industry.”
Eric Kujala started at Flagstar Bank as a home loan advisor in 2002 with responsibility for originating new residential mortgage business for Flagstar Bank’s Direct Lending department. In 2003, he was named team leader in the department, and in 2004 he was appointed assistant vice president, responsible for the entire Direct Lending sales team. He was promoted to vice president in 2006. In 2008, he joined DocVelocity, the flagship product of Paperless Office Solutions, Inc., a wholly owned subsidiary of Flagstar Bancorp, where in 2013 Flagstar Bank sold the subsidiary to its long term partner Capsilon Corporation where he is currently their Regional Manager – North Region. Eric has been an integral part of the Capsilon team which in 2016 led to Capsilon’s partnership with Francisco Partners, a growth equity firm in San Francisco, CA.