Visionet Systems Inc., a global services provider to a number of industries including the U.S. mortgage industry, announced that the company has hired John A. Spencer, a veteran with over 30 years of experience in the mortgage industry. Spencer will join in as vice president, Consumer Lending, the company announced in a release.
“Visionet has significant plans to grow in the consumer lending space and we expect John to play a pivotal role in driving this growth,” Visionet Systems CEO Arshad Masood said in the release. “John’s experience and competencies are broad and deep and include managing company growth strategies that encompass business development, information technology and program management. He possesses significant change management experience, understands best practice standards and procedures management, and enterprise application planning that spans technology, sales, operations, accounting and corporate business functions. We are fortunate to have him join our team.”
Spencer most recently served Fannie Mae as a senior technology account manager, where he worked to maximize the use of Fannie Mae technology throughout the mortgage lending community, while increasing revenue and market share for the company’s sales teams and providing technology subject matter expertise for internal and external clients. Before that he served as senior program manager for Downey Savings & Loan. In that role, he was responsible for implementing enterprise initiatives in core banking, residential lending, IT governance and change management.
“I am very excited about my new role and its support for the current on-going transformation of our industry,” Spencer said. “Visionet has very deep investments in lending and leading edge technology with over two decades in the mortgage space. Importantly, they understand the challenges of lenders in this current environment to focus on customer satisfaction, be nimble to new opportunities while driving internally efficiencies to lowering cost per loan. I am confident that together, we will be able to help our customers keep pace in today's consumer lending space.”