*High-Powered Executive Hires*
**Brain Trust Matters**
***First, IndiSoft a technology development firm that provides software as a service (SaaS) solutions based on a collaborative rules-based workflow platform for the financial services industry, announced today that Earl Devaney has joined its advisory board. Devaney recently retired from the federal government after 41 years. He will advise IndiSoft on business development efforts and other company business based on his government financial expertise. Here’s the scoop on this hire and another hire on a prominent valuation provider follows:
****“Earl’s government expertise and strong financial management background will put us in a stronger position to offer technology that provides the transparency needed in auditing and compliance processes,” said Sanjeev Dahiwadkar, CEO of IndiSoft. “Providing the financial industry the most advanced technology while preventing a repeat of economic decisions that got us where we are today is one of our top priorities.”
****Devaney was most recently the chairman of the Recovery Accountability and Transparency Board, which oversaw the distribution of the $840 billon of stimulus funds allocated by the Obama administration. His innovative use of disruptive software has revolutionized the way oversight and accountability will be conducted for the foreseeable future. He was also the presidential appointed inspector general of the Department of the Interior for eight years and was the director of criminal enforcement at EPA for nine years. Devaney spent 21 years in the Secret Service during which time he earned his international reputation as a financial crimes expert.
****“I have been fortunate to experience first hand how the effective use of technology can improve transparency and accountability and; therefore, help raise the confidence of the American public in its government,” Devaney said. “While serving as the chairman of the Recovery Accountability and Transparency Board, we were able to provide an unprecedented level of oversight, and it was always new software that became the game changer in that effort. IndiSoft is just the kind of company that can provide the technology the government needs.”
****Second, Valuation Partners, a national appraisal management company with access to over 15,000 independent fee appraisers in all 50 states, has hired Clint Reinhardt as vice president and national account executive. Reinhardt brings more than 25 years of appraisal, mortgage banking and settlement services experience to Valuation Partners as well as proven sales leadership and a thorough knowledge of credit, flood and automated valuation products and services.
****Reinhardt will be responsible for broadening Valuation Partners’ reach in the central U.S., from the Rocky Mountains to east of the Mississippi River. Reinhardt began his career as a top performing loan officer for Citibank Mortgage in St. Louis, Missouri, later serving as an assistant vice president for the company. Most recently, Reinhardt was vice president and regional sales manager for Bank of America’s correspondent lending division, where he exceeded revenue and volume goals every year for the past five years. Reinhardt also served as first vice president and regional sales manager for LandSafe, where he led the company’s national team for its appraisal, credit, flood and automated valuation products, and as national sales manager for Equifax Mortgage Services.
****“Clint is a business development ‘pro’ with a history of exceeding the sales goals of some of the biggest names in the mortgage industry,” said Valuation Partners CEO Bill Fall. “We’re very proud to have someone of Clint’s caliber on our team. We expect him to be a vital part of our continued growth throughout the Midwest.”
****“With the uneven nature of the nation’s housing recovery and a record number of REO properties on the market, lenders have never had a greater need for accurate and diverse valuation solutions as they do today,” Reinhardt said. “I’m thrilled to be joining Valuation Partners, which has emerged as a true leader in the valuation field. I look forward to building on their success.”