CHICAGO, IL--(Marketwired - April 16, 2014) - Guaranteed Rate, one of the ten largest retail mortgage lenders in the nation, announced that Martin J. Logan has been named as the company's new chief information officer.
Logan is an experienced technology leader, having joined Guaranteed Rate from Amazon, where he was responsible for managing technology for Cloud Drive and software delivery across multiple platforms, most notably for the company's Kindle and recently-launched Fire TV products. At Guaranteed Rate, he will lead the company's longstanding efforts to completely integrate modern technology into the traditionally paper-based mortgage process and develop the first fully digital mortgage.
"At Guaranteed Rate, we've always prioritized using technology to bring about a simpler, more streamlined mortgage process for home buyers," said Victor Ciardelli, president and CEO of Guaranteed Rate. "Martin is a perfect fit, because he doesn't see the world in terms of 'tech companies' and 'non-tech companies.' He sees industries in need of the benefits that technology can provide and works to make them function better."
"The time has never been better for smart technology to fundamentally transform the mortgage industry, and Guaranteed Rate is the company best positioned to take advantage of that opportunity," Logan said. "This is a company driven by technology, with clear commitments from its talented executive team to implement solutions that help process loans faster, increase productivity for loan originators and enhance transparency for borrowers."
Guaranteed Rate has received numerous honors for its technology, including its online loan application receiving the 2013 Moxie Award for "Best Corporate Digital Innovation." Approximately $2.75 billion in loans have been funded through the online application to date.
Prior to his time at Amazon, Logan spent six years at Orbitz Worldwide, where he was responsible for merchandising, SEO, and mobile technology. He began his career as software engineer and remains deeply involved with technology engineering, continuing to write code for open source projects to this day. He is also a published technical author, having written a 400-page book on the Erlang programming language. Logan also has organized technology conferences on the programming language in Chicago, Boston, Nashville, The Netherlands and Spain, as well as one upcoming in Austin, Texas later this year. He was also the driving force behind Camp DevOps 2011, which raised more than $6,000 for Chicago Tech Academy. He holds a bachelor's degree in computer science from the University of Illinois at Chicago.
About Guaranteed Rate
Guaranteed Rate is one of the ten largest retail mortgage companies in the U.S. and is Revolutionizing Life's Biggest Purchase™ by offering industry-leading self-service tools and low rate, low fee mortgages through an easy-to-understand process and unparalleled customer service. Headquartered in Chicago with approximately 175 offices across the U.S. and licensed in all 50 states, Guaranteed Rate has helped hundreds of thousands of homeowners with more than $65 billion in home purchase loans and refinances since 2000. Guaranteed Rate was named the No. 1 mortgage company in America by Mortgage Executive Magazine in 2012 and was recognized by Inc. magazine as the No. 4 private company job creator in the U.S. in 2013. Visit www.guaranteedrate.com for more information.
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