Mortgage consulting firm LendArch has hired Karthik Kumar, the former global mortgage practice head at Tata Consultancy Services (TCS).
He will serve as LendArch’s executive vice president and chief operating officer.
Kumar was a manager at Standard Chartered Bank from 2002 to 2004. He then spent 18 years at TCS, where he focused on solution architecture, operational delivery and entity transformation for most of the top-40 mortgage lenders and the largest vendors.
“We intend to change how lending is going to be done fundamentally – behavior, market dynamics, products,” Kumar said. “We’re not talking about huge Capex changes; we’re talking about minor details ⇒
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