LRES, a national REO and appraisal management company offering property valuations, asset management, HOA and technology solutions for the mortgage industry, announced that the company has hired Mike Rasooli as its Chief Technology Officer (CTO).
Based in Orange County, California, LRES offers residential and commercial solutions and managed business processes for the origination and default markets. In his new role, Rasooli will manage LRES’ technical priorities and operational vision, drive growth by delivering applications, tools and services, along with leading all aspects of the company’s strategic and tactical technological development.
“Mike is no stranger to technological innovation, and we welcome his specialized expertise to add further enhancements and value to our proprietary appraisal order management technology platform, LRES DirectConnect, and our vendor portal, as well as provide guidance and strategic direction toward future technological developments,” said Roger Beane, CEO of LRES.
Rasooli brings more than 27 years of experience in management, software development, and IT. Prior to joining LRES, Rasooli has served as the chief technology officer for Edge Mortgage Advisory Company and PowerSoft 360. He has also served time as CEO/CTO of LogixInfo, director of Project Management at Pathways, a senior software engineer at Corbis Images and Timeline, and senior project manager at Microsoft.
Rasooli holds a bachelor’s degree in science from the University of Darmstadt in Germany, and has extensive background in enterprise and database management systems, B2C and B2B E-commerce, customer relationship management, document management and mortgage technologies.