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DepotPoint appoints new SVP of business development and strategy

DepotPoint, a US-based developer of default management workflow solutions, has appointed Joe Filoseta as its new senior vice president of business development and strategy.

Before joining DepotPoint, Mr Filoseta served as executive vice president and general manager of the mortgage solutions group of Harland Financial Solutions. Prior to Harland, he was division president within First American Real Estate Information Services.

Additionally, Mr Filoseta has held senior management positions with ALLTEL/CPI (now Fidelity National/LPS) and pioneered the development of automated underwriting technology as president of Cybertek-Cogensys. He spent the first 10 years of his career with JP Morgan Chase in New York.

Prakash Kondepudi, president and CEO of DepotPoint, said: "We are very excited about adding Joe Filoseta to the management team at DepotPoint. Joe brings a depth of experience in understanding challenges faced by mortgage servicers in dealing with rising defaults. Joe's experience and relationships in the industry, including senior management positions at Harland's mortgage solutions group and First American, should serve us well in deploying DepotPoint solutions to meet customer needs."

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Related terms: business, career, ceo, executive, mortgage, new york, president, real estate, technology, workflow

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