Mortgage tech provider Pavaso named Brenda Clem executive vice president of capital markets.
Clem has more than 30 years of experience in operations and secondary markets. With a focus on how to use technology to advance residential lending, Clem has long been an industry advocate for eNote, eMortgage and eWarehouse adoption in the secondary market to enhance transparency in mortgage transactions.
“Brenda is already a familiar face in the mortgage industry, and we are honored to have her on our team,” said Pavaso CEO Mark McElroy. “She will be one of Pavaso’s top spokespersons in leading the charge toward universal adoption of eMortgage. Brenda’s passion, experience and her ability to articulate complicated information clearly make her an outstanding resource for Pavaso’s clients, as well as for the industry as a whole.”
Pavaso offers a digital closing platform that allows lenders, title companies and borrowers to connect on a single digital portal. Clem said the Texas-based company’s dedication to advancing technology in the space was a major draw for her.
“I’m very pleased to join Pavaso, a leader in digital closings,” Clem said. “Pavaso’s technology reduces loan costs by digitizing the process, enabling lenders to provide a more complete loan package and reduce errors by eliminating undersigning and over signing of closing documents.”