""Mortech"":http://mortech.com/default.aspx, a Zillow business providing mortgage technology software for bankers and secondary market teams, announced that Tom Erickson has been promoted to the position of mortgage industry and compliance specialist.[IMAGE] [COLUMN_BREAK]
Erickson joined the company in 2007 to provide mortgage origination insight and to help develop Mortech's product and pricing engine. Before that, he was a partner in an independent mortgage banking operation. His more than 30-year career has also seen him holding management positions at a number of lending institutions, including Commercial Federal Bank, Firstier Mortgage and State Federal Savings & Loan.
In his new role, Erickson will continue to support Mortech's new development efforts but will concentrate more on overseeing compliance demands for lenders.
""In this environment, we have to build compliance into every technology we build for the mortgage industry,"" said Don Kracl, VP of mortgage tools at Zillow. ""Tom has the experience we need to ensure that everything we build for mortgage originators makes them more successful while mitigating the risk of non-compliance. Tom and I have worked together for much of the past 34 years and he's the man I want watching the rules and regulations that impact our clients.""