SOURCE: eXpertivity Mortgage Solutions Corp.

August 28, 2007 08:10 ET

eXpertivity Mortgage Solutions Appoints Don Sottile as Its Chief Information Officer

FAIRFIELD, NJ--(Marketwire - August 28, 2007) - eXpertivity Mortgage Solutions Corp., aka eXpertivity Mortgage Processing Solutions, a leading national provider of Outsourced Mortgage Processing services, announced that it has appointed Mr. Don Sottile as its Chief Information Officer. Mr. Sottile will lead eXpertivity's technology initiatives for its global Mortgage Processing centers and eXpertivity connectivity to leading lenders and industry vendors. Mr. Sottile will operate out of eXpertivity's Washington, DC facilities.

Mr. Sottile previously served on eXpertivity's Board of Directors; Mr. Sottile was the founder and CEO of a mortgage web hosting firm, and a financial services consulting firm. He served as Senior Vice President and Chief Technology Officer for a mortgage banking company and served as the Chief Information Officer at SunTrust Equitable Securities Corporation, the investment banking division of SunTrust Bank, Inc. and different executive and management positions at Barclays de Zoete Wedd, and Republic National Bank of New York. Mr. Sottile served as an Armor officer in the United States Army. He holds his B.S. in Computer Science from Hofstra University with a minor in Engineering.

Commenting on his appointment, he said, "I look forward to helping eXpertivity continue the exciting developments it has achieved to date. By participating in what eXpertivity is so proud of, providing the best available mortgage processing services through the use of technology, we will continue to provide the eXpertivity team with the best tools the industry has to offer. This will benefit our customers, the Mortgage Brokers/Bankers, and the mortgage community as a whole."

"I am excited about having Don taking an executive role. I enjoyed his service and his valuable input while serving on our Board and I am looking forward to his continued contribution," said Ilan Nachmany, President and CEO of eXpertivity. "We continue in our efforts to assemble the eXpertivity team of the most professional individuals in the mortgage industry. We are committed to building our company with the best talented individuals and Don shared this vision as one of our Board members, from inception. We welcome Don in joining eXpertivity's executive team," added Mr. Nachmany.

About eXpertivity:

eXpertivity began operations in early 2005 and has established itself as a leading expert in the field of mortgage processing. eXpertivity provides scalable end-to-end Outsourced Mortgage Processing services to the mortgage industry. eXpertivity manages the entire process of converting mortgage applications into closed loans -- quickly, accurately, securely, and in full compliance. eXpertivity delivers technology-enabled Mortgage processing services which simply and easily help mortgage originators to take mortgages from application to closings. eXpertivity is privately held, with headquarters in Fairfield, New Jersey. For more information regarding eXpertivity, visit www.expertivity.net.

Contact Information

  • For further information, please call:
    Susan Stein
    Controller & Corporate Public Relations
    973-244-1844