IRVINE, CA—HighTechLending Inc. has hiredDavid Smith as VP of operations. Themortgage-industry veteran has 20 years of experience in products,pricing and risk management.

Previously with Clear Vision Funding, Smithserved as SVP operations there. He directed all facets of mortgageoperations including compliance, underwriting and all closing andfunding areas. He managed implementation of mortgage-operating riskfunctions and established processes, tolls and systems to identify,analyze, measure and monitor operating risk in mortgage business.He also assisted in the dramatic increase in company volumes inwholesale transactions. Since joining the company, originationshave totaled $3.2 billion. Before joining Clear Vision, Smithserved as EVP of Medallion Mortgage Corp. and heldseveral wholesale-loan-trading and credit-risk-managementpositions.

According to Erika Macias-White, SVP and chiefof operations for HighTechLending, Smith's “risk-managementexperience will be invaluable to us during this time when ongoingregulations and compliance and compliance is at an all-time high.He will add maximum profitability and provide enormous operationalefficiencies and quality in leveraging HighTechLending Inc.'sguaranteed five-star service.”