Sindeo Names Fannie Mae Alum Deepak Kumar as COO/CFO

Kumar’s Deep Experience Leading High-Growth Mortgage and Banking Businesses Complements Sindeo’s Stellar Executive Team as Company Scales Nationwide

San Francisco, CA – (May 9, 2016) – Sindeo (www.sindeo.com), the modern mortgage marketplace, today announced its newest executive hire, Deepak Kumar, who will assume the role of COO/CFO. Kumar is an accomplished business executive with over 20 years experience leading teams to high-growth business success, most recently as Fannie Mae’s Senior Executive and VP, Client Management.

Kumar
Kumar

While at Fannie Mae, Kumar was responsible for forming strategic alliances and partnerships across a cross-section of depositories, mortgage banks and credit unions ranging from Fortune 10 to smaller and mid-size organizations and driving cross-functional collaboration to deliver strategic market solutions. Prior to Fannie Mae, Kumar held leadership positions at Charles Schwab, Citi and Wells Fargo. At Sindeo, Kumar is charged with leading the company’s financial and operational teams as the high-growth company continues to scale its proven business model nationwide.

Kumar’s sales, operational and financial expertise rounds out a top-notch executive team that also features significant real estate, mortgage and fintech industry backgrounds, including top talent from SoFi, Prosper Marketplace, Trulia, Capital One Home Loans and the Consumer Financial Protection Bureau (CFPB). With Kumar on board, the team plans to continue Sindeo’s goal of making its consumer-centric path to home ownership and refinancing available to consumers nationwide.

“I am excited to join Sindeo at such a critical growth stage as it ramps up operationally for a national expansion,” said Kumar. “I am impressed with what the leadership team has achieved in such a short time. What attracted me to Sindeo was its mission of making the home financing experience more enjoyable and efficient for consumers looking to buy or refinance their homes by virtue of its innovative approach.”

“Deepak’s analytical approach to building businesses, coupled with his proven ability to balance priorities and deliver against strategic goals, make him a significant addition to the Sindeo leadership team,” said Sindeo’s co-founder and CEO, Nick Stamos. “With the arrival of Deepak, we have added a leader who will help us fulfill our mission of ensuring that the best mortgage is accessible to everyone.”

About Sindeo
Sindeo’s ultimate goal is to provide a consumer-centric path to home ownership and refinancing. By providing its customers with access to a broad marketplace of lenders and loan products, expert and unbiased guidance from Mortgage Advisors dedicated to customer satisfaction, and innovative technology that streamlines every part of the mortgage process, Sindeo has completely reinvented the mortgage experience. Sindeo was recently named to REach® Real Estate Accelerator’s Class of 2016 by Second Century Ventures and the National Association of REALTORS®, the largest trade association in the world, and was named one of the 2016 Bay Area Best Places To Work, an awards program presented by the San Francisco Business Times and the Silicon Valley Business Journal. Headquartered in San Francisco, Sindeo is privately held. For more information, visit sindeo.com.

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