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Roostify Appoints Mortgage Industry Powerhouse David Lowman to Board of Directors

Roostify Appoints Mortgage Industry Powerhouse David Lowman to Board of Directors

The nation’s most trusted digital lending platform, Roostify, announced the appointment of David Lowman to the Board of Directors effective March 10, 2020.

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Digital lending platform Roostify today announced the appointment of mortgage industry leader David Lowman to its Board of Directors.

Lowman brings 40 years of national and international finance expertise to the Roostify Board. Lowman served as the Executive Vice President with Freddie Mac, where he led the transformation of Freddie Mac’s Single-Family business to a client-centric, commercial enterprise. Under his leadership, the company embraced a culture of innovation and growth, which culminated in Freddie Mac achieving portfolio and market share growth.

Before joining Freddie Mac, Lowman was the CEO of Chase Home Lending, overseeing $150 billion in annual production and a $1.2 trillion servicing portfolio at what was then the country’s third-largest mortgage originator and servicer. Additionally, he spent a decade in senior leadership roles in various Citigroup businesses, where he led the growth and transformation of U.S. and global consumer lending businesses.

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“Roostify is transforming the industry, and I am pleased to be part of their journey and provide my expertise to the team,” said Lowman. “Roostify is uniquely positioned to bring the best solutions to lenders and provide a superior remote experience that is critical, especially given the dynamic market conditions.”

“We are excited to have Dave join our team,” said Rajesh Bhat, Co-Founder and CEO of Roostify. “We believe that his domain expertise, experience operating and scaling large home lending organizations, and leadership position in the industry will help us to propel industry innovation to the next level and will help our lenders best serve their customers.”

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