Roostify names first chief compliance officer – Digitalmunition

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Published on March 11th, 2021 📆 | 6616 Views ⚑


Roostify names first chief compliance officer

Home lending tech provider Roostify has appointed 25-year mortgage industry veteran Roger Fendelman as its first chief compliance officer.

Fendelman, a seasoned mortgage compliance attorney, will head the firm’s governance, risk, compliance, and information security programs. Fendelman’s hire comes on the heels of a $32 million Series C funding round that has enabled Roostify to expand its C-Suite team and entire staff while also leveraging Artificial Intelligence (AI) technology.

“Roger will utilize his deep expertise in compliance technology and automation for Roostify to create sophisticated, innovative compliance solutions while also ensuring the company is a step ahead when it comes to data security,” said Roostify CEO Rajesh Bhat. “He will lead a dedicated team of experienced professionals focused on compliance, privacy, and data security.”

Fendelman co-founded Garris Horn and Firstline Compliance, both of which specialize in providing legal and compliance consulting services to mortgage lenders and fintech firms. His 25-year mortgage career also includes time spent at Interthinx (now First American), KKR-backed Nexstar Financial, and Citi.

“Roostify has made regulatory compliance and information security top priorities,” Fendelman said. “I’m excited to once again be at the forefront of technology in the most regulated consumer financial services vertical and am looking forward to furthering the company’s mission: to simplify home lending.”

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