Todd Lubar: The Success of Mortgages

The mortgage industry is heavily tied to the real estate industry. Most people don’t realize how intertwined the two are; almost as though one cannot exist without the other. That fact can either be a good or bad thing. It depends on what financial institution is handling the mortgage.

When most people think of mortgages, they associate it with debt. In truth, mortgage financing can be a lifesaver. Thanks to people like Todd Lubar, mortgage banking is no longer a sign of failing finances. Mr. Lubar learned early in his career that mortgages can help better people’s lives.

His first step to making the world a better place was getting a job at Crestar Mortgage Corporation. Lubar was amazed by all the invaluable experience he earned during his short time with the company. He learned a lot about the industry’s current conservative mortgage banking model.

Having learned all he could about conservative mortgage banking, he moved on to an equity position at another company. In 1999, Todd Lubar got a job at Legacy Financial Group. His new role at Legacy afforded him the ability to expand his lending capabilities. He used his new found freedom to broker more unconventional loans and operate as a direct mortgage bank.

Once he’s learned all he could from his equity position at Legacy Financial, he decided to start his own company. In 2002, Lubar founded Legendary Properties as a way of getting back to simple real estate business. Within its first year of operations, Legendary Properties handled more than 200 transactions.

According to Patch, Lubar’s ability to complete such quality products in a timely fashion is thanks to his incredible source of referral business. Those relationships also allowed him to establish multimillion-dollar lines of credit with several major banking institutions. For more details visit Patch.

Despite his love of real estate, it was only a matter of time before he returned to mortgage banking. Now, he uses another of his companies to help the people of Baltimore achieve their homeownership dreams. That’s why he created TDL Venture’s RELIEF program.

See more: https://about.me/todd_lubar

Rick Smith; Technological Genius in Safety and Security

Rick Smith got his amazing start with his education, getting an Associate’s Degree in Technology from the Rochester Institute of Technology, a Bachelor’s Degree in Engineering from State University of New York at Buffalo, a Master’s in Engineering from State University of New York, and an MBA from the University of Rochester. His career has been just as impressive having held various positions at Frontier Corporation such as operations, IT, finance, plus business development to name a few. He was Chief Financial Officer at Eschelon Telecom Inc., later becoming President/COO. While at Eschelon, Smith grew the revenue of the company from roughly 30 million to 350 million and was successful in getting Eschelon IPO in 2005.

In June 2008, Rick Smith became CEO of SECURUS Technologies. SECURUS is an American for-profit prison technology company based out of Dallas, Texas, but with offices in Carrollton and Allen, Texas, and Atlanta, Georgia. The company has approximately 1,000 employees, and serves over 2,200 Correctional Facilities across the United States and Canada. The company provides top-of-the-line civil and criminal justice technology solutions, which improves the safety of the public and modernizes incarceration experiences. The technology is the best, as SECURUS has thinkers of innovating solutions, technologists, designers, and engineers with hundreds of patents, for service of the highest quality, the most products, and provides the best solution economically for clients all the while maintaining great customer service. Visit LinkedIn and follow Rick’s profile.

SECURUS connects correctional facility personal to needed information, connects emergency dispatchers and responders to those needing help, connecting inmates to technology, to help connecting leads in investigations, and connecting family and friends to those that are incarcerated. The technology is up-to-date and constantly evolving to meet client needs, collects information from more than 2,200 law enforcement and corrections agencies which assists in finding leads. The company is the largest of its kind in providing communications and the only full spectrum solution provider in the area. It is no wonder the company is successful, and it won an award; honored as a bronze winner in the 2017 American Business Awards. The customer pledge extends to all; agencies, inmates and their family and friends.

Rick Smith has the technological background and experience to carry SECURUS into the future and continue to serve. Currently the company serves over 1,200,000 inmates in North America alone and over 2,450 law enforcement and corrections agencies in addition to public safety agencies. The technology is advanced so that it can help in preventing and solving crimes committed by the incarcerated. The company receives many letters and e-mails regarding how much customers appreciate the services offered by SECURUS, and that is in part due to Rick Smith. Read more on Crunchbase.com.

Scott Rocklage Continues Oversight of 5AM Ventures

The life sciences industry is one of the most important industries in the world as it is responsible for the development of new drugs, medical equipment, and devices that can help to prevent diseases worldwide. While it is a very important industry, it is also a very expensive industry to be in. Companies that are growing in the life sciences industry will often find that they do not have the capital to research, develop, and market their new products. Fortunately, there are venture capital firms available that specialize in the life sciences industry.

 

One company that specializes in the life sciences industry is 5AM Ventures. 5AM Ventures has been providing capital and debt to companies in the early stages of the life sciences process for over a decade. The company has provided capital to over 50 different firms, many of which have gone on to make significant improvements in the life sciences industry.

 

5AM Ventures is able to separate themselves from other companies in the industry by taking a more hands on approach to the process. The company is able to get more in-depth knowledge of their portfolio companies by better understanding their process, knowing the goals, and determining the risks and rewards of the product they are developing. Based on this information, 5AM Ventures is also able to provide invaluable consulting and advisory services.

 

One of the leaders of the 5AM Ventures team has continued to be Scott Rocklage. Rocklage has been working for the company for over 12 years and is currently a Managing Director of the firm. Overall, he has over three decades of healthcare management experience and has a long list of academic and professional achievements. He also sits on the board of directors of several different life sciences companies and is involved in a number of different charitable causes outside of the industry. Rocklage currently is based out of the Boston office, but spends much of his time meeting with current portfolio companies and potential targets.