PRESS RELEASE: FundingShield, LLC – Newport Beach, CA – September 6, 2018
It brings FundingShield, LLC great pleasure to announce that Jim Svinth has joined its Senior Advisory Board. Jim is a seasoned business leader with 30+ years of financial and operations experience with several Fortune 500 companies including: GE Capital, Norwest, The Prudential, and Citigroup. Jim has led virtually every aspect of the mortgage banking process with emphasis in risk management, capital markets, and structured finance disciplines.
Recently, Jim served as LoanDepot’s Executive Vice President of Enterprise Risk Management and is a founding member of its executive team. Prior to this, he held similar positions at HomeLoan Center/LendingTree Loans where he acted as the head of Capital Markets, COO, and Division President. He was also the Division President and GM of GE Capital’s small equipment leasing division, the Group Senior Vice President of Norwest Mortgage (acquired by Wells Fargo), and the Senior Vice President of Capital Markets at Prudential Home Mortgage.
“Jim brings a wide array of experience at senior posts within mortgage banks running capital markets, operations and risk over several decades, he understands how our suite of wire-fraud, risk and compliance fintech solutions are relevant in all market cycles,” shared Ike Suri, Chairman & CEO of FundingShield, LLC.
“FundingShield has put together a product suite that addresses risk, cost, scalability and delivers a risk prevention strategy with real-time intelligence to its customers. Fundingshield allows lenders to get current with fraud and risk management that constantly evolves by leveraging fintech and regtech tools while lowering cost of operations. I am excited to be part of the firm’s further expansion,” added Jim Svinth.