Welcome to The Mortgage CTO

This is the first post for my blog. 2007 was the most challenging year of my career but in many ways it also turned out to be a most rewarding year also.

I am the CTO for GMAC ResCap which is a top-ten mortgage lender. ResCap was a top subprime lender until the market crashed. That's the bad news.




The good news is that ResCap has also traditionally had a strong conforming lending engine. This is probably what has kept ResCap from being on the "bad side" of the Mortgage Lender Implode-o-meter: http://ml-implode.com/.

I intend to use this blog to reflect on some of the more extraordinary events of the past turbulent year, give you some insight into what it's like to be a technology leader in the midst of a tectonic shift in an industry, and also have some fun along the way.

Stay tuned...the best is yet to come.

Rob