{"id":42691,"date":"2018-12-04T16:51:00","date_gmt":"2018-12-04T21:51:00","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=42691"},"modified":"2018-12-04T16:51:00","modified_gmt":"2018-12-04T21:51:00","slug":"cloudvirga-ceo-michael-schreck-honored-by-housingwire-as-vanguard-award-winner","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/cloudvirga-ceo-michael-schreck-honored-by-housingwire-as-vanguard-award-winner\/","title":{"rendered":"Cloudvirga CEO Michael Schreck honored by HousingWire as Vanguard Award winner"},"content":{"rendered":"

IRVINE, Calif.,\u00a0Dec. 4, 2018 (SEND2PRESS NEWSWIRE) —\u00a0Cloudvirga<\/a>™, a leading provider of digital mortgage software, today announced that CEO Michael Schreck is a recipient of HousingWire\u2019s 2018 HW Vanguard Award™. Now in its fourth year, the Vanguard Awards spotlight the housing finance industry\u2019s most successful and influential executives.<\/p>\n

\"Michael
\nSchreck was recognized as a mortgage innovator with a 20-year track record of leading pioneering fintech companies to successful exits (including acquisitions by IBM, Sallie Mae, VeriSign and GSI Commerce that were collectively valued at over $1 billion).<\/p>\n

Since joining Cloudvirga in 2017, Schreck has raised over $50 million in private-equity funding<\/a> to further the company\u2019s mission of transforming and digitizing mortgage origination. His background as a fintech founder, investor and CEO has helped him build an all-star leadership team that includes former executives of Microsoft<\/a>, Roostify<\/a>, IBM<\/a>, Intuit<\/a>, Altisource<\/a>, LoanDepot and other industry leaders.<\/p>\n

After less than three years in operation, Cloudvirga counts nine of the top 40 non-bank mortgage lenders as customers and recently expanded its product lineup with the launch of Mobile POS<\/a> and a forthcoming Broker POS in partnership with ARIVE<\/a>. Prior to Cloudvirga, Schreck was managing director of the Altisource Labs innovation center. Schreck also co-founded General Catalyst Partners, a multi-billion-dollar venture capital firm.<\/p>\n

\u201cIt\u2019s an honor to be recognized among such an esteemed group of industry luminaries,\u201d said Schreck. \u201cThis award is really not about me \u2014 it\u2019s a reflection of the entire Cloudvirga team and what we are achieving together. We have assembled a singular group that is truly committed to our mission of driving down the cost of home loans.\u201d<\/p>\n

“As the Vanguard Awards program continues to grow \u2026 the entry point gets tighter,\u201d said HousingWire Editor-in-Chief Jacob Gaffney. \u201cThese winners are truly the best in the mortgage finance industry.”<\/p>\n

A complete listing of honorees appears in the December\/January issue of HousingWire magazine and can be found online at https:\/\/www.housingwire.com\/articles\/47526-meet-the-2018-hw-vanguard-award-winners<\/a>.<\/p>\n

About HousingWire:<\/strong><\/p>\n

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit http:\/\/www.housingwire.com\/<\/a> or http:\/\/www.solutions.housingwire.com\/<\/a> to learn more.<\/p>\n

About Cloudvirga™:<\/strong><\/p>\n

Cloudvirga\u2019s digital mortgage point-of-sale (POS) software, powered by the intelligent Mortgage Platform\u00ae, uniquely combines a world-class borrower experience with a truly automated lender workflow that radically cuts overall loan costs, increases transparency and reduces the time to close a loan. Led by top fintech veterans with a track record of building successful mortgage technologies, Cloudvirga\u2019s customer base includes nine of the top 40 non-bank mortgage originators. To date, Cloudvirga has raised over $77 million from some of the country\u2019s top lenders and private-equity firms.<\/p>\n

For more information, visit\u00a0https:\/\/www.cloudvirga.com\/<\/a> or follow Cloudvirga on LinkedIn<\/a>.<\/p>\n

Twitter: @Cloudvirga @HousingWire #2018HWVanguards<\/p>\n","protected":false},"excerpt":{"rendered":"

IRVINE, Calif., Dec. 4, 2018 (SEND2PRESS NEWSWIRE) — Cloudvirga, a leading provider of digital mortgage software, today announced that CEO Michael Schreck is a recipient of HousingWire’s 2018 HW Vanguard Award. Now in its fourth year, the Vanguard Awards spotlight the housing finance industry’s most successful and influential executives.<\/p>\n","protected":false},"author":6993,"featured_media":42690,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[67,1,10,38,10163,39],"tags":[9666,205,8367,9916],"class_list":["post-42691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-awards-and-honors-news","category-business-news","category-california-news","category-finance-news","category-irvine-business","category-mortgage-news","tag-ceo-michael-schreck","tag-depthpr","tag-hw-vanguard-awards","tag-mortgage-origination","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":7652,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/42691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/6993"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=42691"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/42691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/42690"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=42691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=42691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=42691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}