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Sunday, Jun 4, 2023

House-Flipping Lender Anchor Loans Hires Tech Officer

Anchor Loans, the hard-money lender for the house-flipping industry, has named Bill Kontgis as its chief technology officer. The Calabasas company said Kontgis “will play a key role in shaping Anchor’s technology strategy as the company embarks on its next phase of growth.” Prior to joining Anchor, Kontgis was chief information officer at Think Finance, a company that provides software for online lending companies. Kontgis led a team that developed technology for the financially underserved. Before that, he held positions at Green Dot, Countrywide Bank, First Nationwide Bank and California Federal Bank. “Bill’s experience with fintech will be imperative as we continue to revolutionize the fix-and-flip industry with technology – making it easier for real estate investors to make deals,” Stephen Pollack, chief executive at Anchor Loans, said in a statement.

Joel Russel
Joel Russel
Joel Russell joined the Los Angeles Business Journal in 2006 as a reporter. He transferred to sister publication San Fernando Valley Business Journal in 2012 as managing editor. Since he assumed the position of editor in 2015, the Business Journal has been recognized four times as the best small-circulation tabloid business publication in the country by the Alliance of Area Business Publishers. Previously, he worked as senior editor at Hispanic Business magazine and editor of Business Mexico.

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