Tom Erickson has been promoted to the position of mortgage industry and compliance specialist at Mortech, a Zillow business that provides mortgage technology software solutions for mortgage bankers and secondary market teams.
Erickson joined Mortech in 2007 and helped develop its product and pricing engine. Previously, he was a partner in an independent mortgage banking operation. He has also held management positions at a number of mortgage lending institutions, including Commercial Federal Bank, FirsTier Mortgage and State Federal Savings & Loan.
In his new role, he will continue to support Mortech's development efforts, but with a concentration on overseeing compliance demands for mortgage lenders.
‘In this environment, we have to build compliance into every technology we build for the mortgage industry,’ says Don Kracl, vice president of mortgage tools at Zillow. ‘Tom [Erickson] 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.’