WILMINGTON, Del.--(BUSINESS WIRE)--Global Debt Registry (GDR) is pleased to announce the hiring of Rachael Sokolowski as Managing Director of Mortgage Services. Reporting directly to Executive Chairman Mark Parsells, Ms. Sokolowski will be responsible for leading GDR’s business initiatives within the Mortgage Banking Industry.
Mr. Parsells said, “Rachael is recognized as one of the foremost experts on residential and commercial loan technology platforms. She is widely known as a significant contributor to the mortgage banking industry standards organization, MISMO. As a leading Industry expert, her counsel is sought by the world’s major financial services organizations. Rachael will serve as the catalyst to drive the expansion of our solution into the mortgage banking industry.“
Ms. Sokolowski, brings more than 25 years of management experience to GDR. Her background in information technology includes research, development, patent applications and litigation, and project management. Her expertise encompasses web technologies, mortgage banking systems, electronic signatures, and development of industry standards.
Rachael was instrumental in the design of eMortgage specifications for creation, signing, and archival of electronic loan documents, electronic closing systems, and the exchange of loan information between systems. In addition, she developed the XML architecture for the mortgage banking industry’s leading eRegistry. Rachael has been designated by Mortgage Banking Magazine as a “MISMO All-Star.”
“The mortgage banking industry is at a cross roads and needs new and innovative technologies to solve issues of missing documentation, data integrity, and proof of ownership,” said Ms. Sokolowski. “The time has come for a new solution and Global Debt Registry has delivered the most advanced chain-of-title, data integrity, and document management system on the market. The GDR solution fully answers the demands of investors, consumers and the judiciary, as well as local, state, and federal judges and legislators. I look forward to applying my years of mortgage industry experience in leading GDR's Mortgage Services division.“
GDR’s Mortgage Services division will offer real world experience in electronic mortgage technologies from the consultation and planning phases through implementation. Offerings range from small-lender platforms with a proven business road map to large, end-to-end global implementations.
About Global Debt Registry
Global Debt Registry was founded in 1996 and is backed by a $5 Billion private equity fund. GDR’s customizable, patent-pending platform provides a comprehensive Data Integrity, Chain of Title, and Turnkey Document Management solution to the Mortgage and Accounts Receivable Industries. Our mission is to deliver significant consumer protections as well as measurable ROI benefits to all of our clients. For more information about Global Debt Registry please visit www.globaldebtregistry.com or contact Denis Concannon, Public Relations at 781.413.0002, dconcannon@globaldebtregistry.com.