Mortgage industry veteran brings over 25 years of experience to vendor management firm
August 20, 2015 – Mission Viejo, Calif – Comergence, a provider of third-party vendor and risk-management platforms for the mortgage industry, has hired Dave Crugnale as business development manager. The company, which specializes in mortgage originator and appraiser due diligence and profile surveillance, has hired Crugnale to expand the sales of its REALM for Third Party Originators and Appraisers tool to mortgage lenders, correspondents and AMCs.
Crugnale comes to the firm from Perrin & Associates, where he served as senior consultant. In that role, he provided consulting services to mortgage bankers in the areas of new product development, selling distresssed and performing loans, raising capital, counterparty due diligence, expert witness cases, and business planning and projections. Crugnale also served as an executive at several mortgage lenders or appraisal management companies (AMCs) including InHouse Appraisals, Mirad Financial, Cub Funding/Market Street Mortgage, and Conti Mortgage.
“Dave’s vast experience in the mortgage industry makes him perfectly suited to grow our lender and correspondent customer base,” said Greg Schroeder, president of Comergence. “He has knowledge and capability in the areas of both mortgage lending and appraisals, and will be a great asset to Comergence as we continue to expand.”
“I am excited to join Comergence and its talented team,” Crugnale said. “They solve a real industry problem with their compliance and due diligence solutions. It’s exciting to work with a group of people who are best in class at what they do.”
Comergence is a vendor and risk management firm specializing in mortgage originator and appraiser due diligence and profile surveillance. Comergence offers a full suite of hands-on and automated services for screening and compliance monitoring. The company has compiled a comprehensive database of 400,000+ records on every licensed mortgage originator plus 100,000+ licensed and active appraisers in the U.S., along with aggregated and appended industry-specific data that provides clients with crucial information for proper third party risk management. For more information about Comergence Compliance Monitoring, visit ComergenceCompliance.comor call 714-489-8860. The company can also be followed on Twitter at @comergence.