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Kamel Boulos Joins ClosingCorp as CTO

October 23 2014

kamel boulos cc hireClosingCorp offers several solutions to help mortgage lenders, real estate professionals, title and settlement companies calculate closing costs on residential real estate transactions. I love the value their products provide to source estimated closing costs and list options for service providers with actual rates and fees. In my mind, their closing calculator should be as pervasive as mortgage calculators on consumer property search websites.

Kamel joined ClosingCorp from the mortgage industry. He's extremely excited about the opportunity because mortgage and title companies have really taken to the company's offerings. Both groups work with consumers that need to know what a transaction is going to look like before it closes. By utilizing best in class technology they deliver accurate data and information to their customers efficiently, it should help them close more transactions while being compliant – now that's a win.

Join me in welcoming Kamel to the industry. WAV Group looks forward to watching how the company provides implementation solutions into agent and broker websites, consumer portals, and transaction management solutions.

If you have not looked at ClosingCorp in a few years, you may want to put it on your list – visit Closing.com today. You can view the press release regarding Kamel's hiring on the next page.

ClosingCorp Names Kamel Boulos Chief Technology Officer

Industry veteran brings experience leading high-performing, client-focused technology teams and proven track record of success

SAN DIEGO, Calif., October 9, 2014 – ClosingCorp, a leading provider of residential real estate closing cost data and technology for mortgage lenders, title and settlement companies and real estate professionals, today announced the appointment of Kamel Boulos as chief technology officer (CTO). In this role, Boulos will lead the company's technology strategy and development teams in close collaboration with Debbie Day, ClosingCorp's senior vice president of Data Operations and Product Management.

"Kamel's extensive experience in building and leading successful high-performing, client-focused technology teams in our industry adds depth and expanded focus for us," said Brian Benson, chief executive officer of ClosingCorp. "It's evident from his successful initiatives as CIO at American Mortgage Network and Lyonwell Technologies and from our extensive due diligence process, that he has great respect from his peers, as well. We are excited to have Kamel join the team, knowing the energy and passion he brings," he continued.

Prior to joining ClosingCorp, Boulos was the chief information officer (CIO) at American Mortgage Network, where he led development of an enterprise lending system that included a loan origination system as well as other applications to better enable sales and service. These included creating an optimized web portal for customers, real estate agents and account executives, streamlining their ability to submit and track loans. With over two decades of mortgage technology experience, Boulos also previously served as CIO at Lyonwell Technologies, a technology consulting firm, and Homefield Financial, a mortgage origination company.

"ClosingCorp is a very dynamic and exciting place to be right now," said Boulos. "They've assembled an amazing management team and created a solution suite that is at the forefront of change within the industry. I'm thrilled to be a part of that effort and look forward to continuing the strong track record of innovation that has been a hallmark of their success."

Boulos holds a degree in business administration and management information systems from California State University, Long Beach, as well as a Six Sigma Black Belt Professional certification.

In addition to the news of Boulos' appointment, ClosingCorp announced today that Tim Armbruster will be stepping down from his current role as a strategic advisor. "I am very excited that ClosingCorp has found a great talent like Kamel Boulos to lead its technology efforts. As someone who joined ClosingCorp in its infancy, I'm proud of what we accomplished here, and am confident that, with Brian and this management team, the organization is moving towards an even brighter future."

For more information about ClosingCorp visit: http://www.closing.com

About ClosingCorp

Headquartered in San Diego, California, ClosingCorp owns and operates the premier source of intelligence for closing costs and service providers in the U.S. residential real estate industry. Through innovative solutions, progressive technologies and strong alliances, the company delivers timely, accurate and transparent results that help optimize closing processes and services for mortgage lenders, title and settlement companies and real estate professionals. Clients rely on ClosingCorp to help improve efficiencies and mitigate risk. For more information, please visit http://www.closing.com.