FirstClose Names New Chief Financial Officer

FirstClose, Inc., a fintech provider of data and workflow solutions for mortgage and home equity lenders nationwide, announced today that James Bolger has joined the company as Chief Financial Officer. In this role, Bolger will be responsible for all aspects of the company’s financial affairs including reporting, budget planning, capital raising and financing the company’s aggressive growth strategy.

Bolger brings more than two decades of experience in leading the financial operations of mortgage and financial services firms. Prior to joining FirstClose, Bolger was the Chief Financial Officer of ClosingCorp. During his tenure, ClosingCorp experienced significant client and revenue growth which eventually led to ClosingCorp’s acquisition by CoreLogic. Prior to ClosingCorp, Bolger was Chief Financial Officer of PTI Marketing Technologies, a cloud-based intelligent marketing solution provider, where he was responsible for all aspects of financial operations, including mergers and acquisitions, tax and treasury. Earlier in his career, Bolger held senior financial positions at Accredited Home Lenders and GreenPoint Credit Corp.

“Jim is a seasoned financial executive with a proven track record of driving business results and harnessing financial information to empower decision making.” said Tedd Smith, Chief Executive Officer of FirstClose. “Jim will be a key component in FirstClose’s continued growth and success, and we’re excited to welcome him to our team.”

FirstClose has developed a one-of-a-kind home equity solution that reduces operational touchpoints and improves the overall customer experience for borrowers. The end-to-end platform includes a borrower-facing point-of-sale solution that gives consumers instant online feedback on their home valuation, available home equity, loan options and delivers credit decisions in minutes. Automated workflows, including the ordering of settlement services, enable lenders to complete the application through closing process in five to ten days versus the industry average of 45 to 60.