SOURCE: rateGenius

rateGenius

SOURCE: FinanceGenius

FinanceGenius

February 24, 2015 02:25 ET

Industry Veteran to Join FinanceGenius Executive Team

Mike Stoutenburg Assumes VP of Sales Role

AUSTIN, TX--(Marketwired - February 24, 2015) - FinanceGenius, Inc., creator of the FinanceGenius consumer loan origination system, announced today the addition of industry veteran Michael Stoutenburg to its executive team. Stoutenburg has been named Vice President of Sales for FinanceGenius and will lead the sales and business development efforts of the company. Mike is a former Sales Team Leader and Area Vice President for Fiserv and Open Solutions, Inc. where he specialized in marketing loan origination solutions to credit unions, banks and other consumer lenders nationally. Mike has extensive experience in consumer loan origination technology, consumer lending operations, indirect auto lending and financial product sales. He will lead the FinanceGenius sales team in offering its innovate loan origination system to lenders, plus represent the loan refinance and recapture products and services marketed by FinanceGenius' parent company, rateGenius.

"Mike has over 18 years' experience in lending and financial services," said Chris Brown, CEO of FinanceGenius and rateGenius. "It's an honor to have Mike come onboard to join our Company and help take us to an even higher level of success. His expertise and background are invaluable as we grow our products and our customer base in 2015 and beyond."

FinanceGenius is one of the most modern, configurable loan origination systems on the market today, offering lenders state-of-the-art technology to help them capture loan opportunities, automate lending processes, enable paperless workflow and document signing, and interface with core systems and other third party system to streamline loan processing steps. FinanceGenius offers a mobile-optimized loan application system and one of the most configurable, power loan decision engines on the market. As a true software-as-a-service platform, FinanceGenius offers the ultimate in configurability, flexibility and low total cost of ownership.

Mike joins industry veteran, Jack Jordan, Sr. Vice President of FinanceGenius, to form the company's operational leadership team. "Mike is a great addition to our team and we are poised to generate a big splash in the consumer lending market for many years to come," said Jordan.

For more information on FinanceGenius, visit www.financegenius.com

For more information on rateGenius, visit www.rategenius.com

About rateGenius, Inc.

The rateGenius group of companies includes rateGenius Loan Services, Inc., a nationwide, Web-based automobile refinance loan broker which hosts a virtual marketplace to bring together qualified borrowers and its network of more than 140 competitive lenders. rateGenius and its lenders unite to save consumers money by refinancing their auto loans at more favorable terms. rateGenius Insurance Agency, Inc. is a quickly growing independent agency which brokers policies for multiple national providers. rateGenius also provides loan origination software and mobile loan application products in a SaaS platform through FinanceGenius, Inc. rateGenius was founded in 1999 and operates from its facilities in Austin, Texas. FinanceGenius, Inc. is a wholly owned subsidiary of rateGenius, also headquartered in Austin.

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