SPECIAL REPORT
HOT 100 DOMINIC IANNITTI
RICK SKOGG
President and CEO
President and CEO
DOCMAGIC
PACIFIC UNION FINANCIAL
Dominic Iannitti leads DocMagic, a premier provider of fully compliant loan document preparation, regulatory compliance and comprehensive e-mortgage services. DocMagic’s innovative technology and growth as a company is the result of Iannitti’s leadership and vision. In recent years, he has evolved DocMagic into a full e-services software solutions company for the mortgage industry. His most recent accomplishments include the introduction of Total eClose, an end-to-end digital closing platform, and DocMagic’s successful SmartCLOSE collaborative closing portal for TRID compliance, which he was instrumental in helping to launch.
TIMOTHY R. SMITH President FIRSTCLOSE
Prior to co-founding FirstClose, Tim Smith founded and served as VP of Flood Zones, where he managed all operations and secured a large percentage of business for the company. Following TransUnion’s acquisition of Flood Zones in 1996, Smith was reassigned to manage the automated flood zone determination database, now known as FloodWare. As the FloodWare manager, Smith led his team of 110 employees to build the company into a leader in the industry. Smith went on to pursue additional business ventures, including Mall.com, Demandex, Trinidad Financial Group and Home Equity Loan Corporation; he was an integral part of promoting and building each business. Currently, Smith serves as president of FirstClose and is a member of its board of directors.
MATT ALLEN Branch manager and mortgage planner CALIBER HOME LOANS
When Matt Allen was asked to take over a branch that had recently lost its top producer, he was able to grow its production from $180 million annually to $320 million in 2016. Today, it’s one of Caliber Home Loan’s top-performing branches, and Allen himself closed more than $90 million in loans in 2016. “Matt Allen is a true testament to hard work while maintaining composure and gratitude,” writes a colleague. “[He] is on track to help over 200 families with their home loan needs this year, and his branch wrapped up another record-setting year for production while assisting over 900 households with their financing needs. Our loan officers’ success would not be what it is today without his leadership.” A Pacific Northwest native, Allen is also dedicated to giving back to his community. For years, he has been a youth sports coach and avid supporter of various local organizations, as well as national veterans’ organizations.
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www.mpamag.com
After serving as executive director for MetLife Bank for two years, Rick Skogg took on the role of president at Pacific Union Financial in 2012, as the company looked to grow its origination channels and improve operational efficiencies by leveraging Skogg’s 25-plus years of industry expertise. Skogg has built Pacific Union’s leadership team and grown its multiple origination channels, as well as its mortgage servicing platform. In August 2016, the company broke its records and reached $1.84 billion in funded volume across all channels, and went on to add more members to its executive team in the subsequent months, anticipating the continued growth of its retail channel.
EDWIN B. HOFFMAN Owner and president WHOLESALE CAPITAL CORPORATION
After working as a loan officer, a broker, a banker and a direct lender, Ed Hoffman acquired Wholesale Capital in 1995 from a retiring couple and proceeded to recruit and train loan officers of different backgrounds, with the goal of making each one a $100,000 earner within their first few years in the business. Wholesale Capital now has five branches and boasts more than 130 staff members in the corporate office alone, and was recognized as one of the Top 100 Mortgage Companies in America in 2011. In 2007, Hoffman launched the company’s philanthropic arm, WCC Charities, which has raised hundreds of thousands of dollars for charities that support wounded veterans. In 2015, Hoffman led WCC to become the number-one fundraiser for Boot Campaign’s annual Pushups for Charity initiative, which he personally participates in with his Southern California community.