CHICAGO, Nov. 19, 2021 /PRNewswire/ -- Guaranteed
Rate, a leader in digital financial services, is pleased to welcome
Dr. Ramesh Sarukkai as the company's
new Chief Product and Technology Officer. The veteran Silicon
Valley technologist will be responsible for expanding Guaranteed
Rate's digital product portfolio into new financial services, as
well as enhancing its current mortgage products and features.
"Ramesh's decades of experience driving growth and innovation at
some of the biggest digital powerhouses makes him the perfect
choice to lead Guaranteed Rate's technology efforts," said
Victor Ciardelli, CEO of Guaranteed
Rate. "I'm totally confident that he will add incredible value to
our mortgage business and help us continue to expand into the
FinTech space."
Prior to joining Guaranteed Rate, Dr. Sarukkai was head of
engineering and product for Braintree/PayPal, head of payments at
Facebook and led the YouTube monetization teams at Google. He holds
a Ph.D. in Computer Science from the University of Rochester, is the author of the book
Foundations of Web Technology and holds more than 50 patents
(issued/pending).
"I'm thrilled to join Guaranteed Rate, which has successfully
delivered modern digital solutions to reduce friction from critical
financial services such as mortgage while maintaining a close
connection with customers," said Dr. Sarukkai. "I look forward to
helping the company leverage modern technologies, big data and
machine intelligence to create a compelling experience that
continues important transformations in the FinTech space."
Guaranteed Rate is well known as a leader in digital financial
services. The company launched the first ever digital mortgage,
which transformed the industry, and was named NerdWallet's 2021
Best Mortgage Lender for Online Loans. Guaranteed Rate also won
HousingWire's 2020 Tech100 award for the company's industry-leading
FlashCloseSM technology and launched the AI-driven tech
startup Gateless earlier this year.
About Guaranteed Rate Companies:
The Guaranteed Rate Companies includes Guaranteed Rate, Inc.,
one of the top 5 retail mortgage lenders in the United States, Guaranteed Rate Affinity,
LLC, and Proper Rate, LLC. Headquartered in Chicago, Guaranteed Rate Companies combined
funded over $73 billion in 2020 and
have more than 10,000 employees in over 850 offices across
the United States. Founded in 2000
and located in all 50 states and Washington, D.C., Guaranteed Rate has helped
homeowners nationwide with home purchase loans and refinances. The
company has established itself as an industry leader by introducing
innovative technology, offering low rates and delivering
unparalleled customer service. In 2017, the company launched
Guaranteed Rate Affinity, LLC, a mortgage origination joint venture
between Guaranteed Rate, Inc. and Realogy Holdings Corp. (NYSE:
RLGY), a global leader in residential real estate franchising and
brokerage. In 2020, the company launched Proper Rate, LLC, a
mortgage origination joint venture between Guaranteed Rate, Inc.
and @properties, one of the nation's largest residential brokerage
firms. Collectively, the Guaranteed Rate Companies have earned
numerous honors and awards including: Forbes Advisor's Top 10
Mortgage Lenders for 2021; Best Mortgage Lender for Online Loans
and Best Mortgage Lender for Refinancing by NerdWallet for 2021;
2018 Top Lender for Online Service by U.S. News & World Report;
HousingWire's 2020 Tech100 award for the company's industry-leading
FlashCloseSM technology; No. 3 ranking in Scotsman
Guide's 2021 list of Top Retail Mortgage Lenders; Chicago Agent
Magazine's Lender of the Year for six consecutive years; and
Chicago Tribune's Top Workplaces list for seven consecutive years.
Visit rate.com for more information.
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SOURCE Guaranteed Rate Companies