Mortgage Connect LP, a national mortgage services provider for the nation’s largest financial institutions, investors and servicers, recently announced Andrew Bough has joined the company as executive vice president, as well as head of valuations. The appointments are associated with the company’s appraisal management division, Valuation Connect, the company announced in a press release.
In his leadership role, Bough will oversee the progression of key initiatives including the expansion of best-in-class valuation solutions designed around the special challenges facing lenders, correspondent, and servicers in today’s market, the company stated.
Bough also will advance the company’s substantial focus and investment in digital applications, designed to increase operational efficiencies and enhance the transactional experience for all parties.
“We are excited to welcome Andrew to our organization,” Jeff Coury, Mortgage Connect’s chief executive officer, said in the release. “Andrew is an innovative executive with over twenty-five years of experience developing strategic initiatives that improve the quality and efficiency of the valuation transaction. He brings the critical knowledge necessary to address evolving industry demands and align solutions to our digital applications.”
A certified appraiser since 1993, Bough has held important executive roles with regulated U.S. lenders, including operations, and management of collateral risk for retail and wholesale lines, according to the release.
Previously, Bough served as the executive vice president and chief valuation officer of Solidifi, managing director of valuation at JP Morgan Chase, and head of credit and valuations at ING Direct USA, where he helped to effectively mitigate risk across multiple business channels.