Candor raises $12.5M to build autonomous mortgage underwriting science
August 20, 2021

Former CoreLogic & Fannie Mae leader to head strategic initiatives to accelerate Candor Technology’s market growth and industry innovation

September22, 2021

Candor Technology today announced that E. Thomas Booker, III has joined the company as its Chief Strategy Officer.

Booker brings 30 years of experience in securities, technology, product development, solution delivery  to Candor Technology. Most recently Tom served  as a  managing director at The Collingwood Group, where he provided business strategy consulting and strategic transaction support to capital markets participants and technology / service providers

Prior to joining Collingwood, Booker oversaw the marketing, development, policy and solution delivery  functions associated with the Government Sponsored Entities for CoreLogic.  Under Booker’s leadership the company developed and delivered outsourced applications, tailored analytics and valuation solutions in addition to  rules-based claims management applications. Additionally, Booker served as an executive at Fannie Mae and a general Manager at the IBM Company during his career.

“Candor’s Underwriting Decision Science is the most significant application of information science to a high value business problem the mortgage markets have seen in decades,” said Booker.  “ Candor has  developed a compelling response to address the cost, quality and throughput challenges at the heart of mortgage lender profitability.  “We are excited to have Tom join our team,” said Thomas Showalter, Candor’s CEO.  “He has a keen sense for where the markets, lenders, investors, analytics and technology meet to address the business realities and evolving demands of the real estate finance industry.