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This profile was last updated on 5/3/13  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Donald E. Lange

Wrong Donald E. Lange?

Chief Executive Officer

Email: d***@***.com
PFS
 
Background

Employment History

  • President and Chief Executive Officer
    Pacific Financial Services
  • President
    Mortgage Bankers Association of America
  • Director of Pacific Gulf Properties
    Pedestal
  • President and Chief Executive Officer
    Weyerhaeuser Company
  • President and Chief Executive Officer
    Optifi.com
  • Chairman and Chief Executive Officer
    Optifi.com
  • President and Chief Executive Officer
    Weyerhaeuser Venture Company
  • President and Chief Executive Officer
    Weyerhauser Mortgage
  • Industry Veteran and Chief Executive Officer
    Weyerhauser Mortgage

Board Memberships and Affiliations

Education

  • bachelor's degree , Business and Agriculture
    University of Wisconsin
44 Total References
Web References
Kamakura Corporation. Blog - Lesson 4 from Failures in Silo Risk Management: New Century Financial Corporation
kamakuraco.com, 19 Aug 2010 [cached]
Director Donald E. Lange was a former president of the Mortgage Bankers Association. is biography as listed on spoke.com is as follows:
Donald E. Lange Director Mr. Lange (60) has served on our board of directors since November 2002. Mr. Lange has served as the President and Chief Executive Officer of Pacific Financial Services, a mortgage banking and specialty finance company, since 1999. From March 2001 to February 2002, Mr. Lange served as President and Chief Executive Officer of OptiFI, a private company specializing in prepayment analytics. Previously, he served as the President and Chief Executive Officer of several specialty finance subsidiaries of Weyerhaeuser Company, including Weyerhaeuser Financial Services, Weyerhaeuser Mortgage Company and Weyerhaeuser Venture Company. Mr. Lange served as a director of Mortgage Electronic Registration System (MERS) from 1995 until 2002. In addition, he was a director of Pacific Gulf Properties from 1998 until 2001 and a director of Pedestal from 1999 until 2001. Mr. Lange was the President of the Mortgage Bankers Association of America in 1999. Mr. Lange received a bachelor's degree in Business and Agriculture from the University of Wisconsin.
Donald E. LangeNew Century ...
investorrelations.ncen.com, 31 Aug 2007 [cached]
Donald E. LangeNew Century Financial Corporation || A New Shade of Blue Chip || Biography
...
Donald E. LangeDirector
Mr. Lange (60) has served on our board of directors since November 2002.Mr. Lange has served as the President and Chief Executive Officer of Pacific Financial Services, a mortgage banking and specialty finance company, since 1999.From March 2001 to February 2002, Mr. Lange served as President and Chief Executive Officer of OptiFI, a private company specializing in prepayment analytics.Previously, he served as the President and Chief Executive Officer of several specialty finance subsidiaries of Weyerhaeuser Company, including Weyerhaeuser Financial Services, Weyerhaeuser Mortgage Company and Weyerhaeuser Venture Company.Mr. Lange served as a director of Mortgage Electronic Registration System (MERS) from 1995 until 2002.In addition, he was a director of Pacific Gulf Properties from 1998 until 2001 and a director of Pedestal from 1999 until 2001.Mr. Lange was the President of the Mortgage Bankers Association of America in 1999.Mr. Lange received a bachelor's degree in Business and Agriculture from the University of Wisconsin.
Don Lange, an industry ...
www.fairisaac.com, 13 Mar 2001 [cached]
Don Lange, an industry veteran with a distinguished career as CEO of Weyerhauser Mortgage in Los Angeles, has been recruited to be chairman and CEO of OptiFI.
An individual's propensity to pre-pay a loan, or "Prepayment Speed", is one of the most significant drivers of the profitability of a loan.Traditional methods used to determine Prepayment Speed have been limited to "pool" or "loan level" approaches.These methods depend solely upon macro-economic factors and loan type characteristics to draw general conclusions about aggregate loan pre- payment propensities.These approaches, however, ignore the unique characteristics of the borrower that can be extremely useful in determining their likely Prepay Speed.The technology developed by Marketswitch, which has been licensed exclusively to OptiFI, merges household level behavioral analysis with financial security pricing technology to unlock the value of understanding the impact of unique customer attributes on Prepayment Speed.With this understanding, loan organizations will be able to increase their loan level knowledge of valuation prior to funding a loan, thus making more fair and profitable loan decisions.
...
"We intend to create an industry standard that will transform prepayment risk into business opportunity," said Lange."We expect that just as FICO scores are used for more than 3 out of 4 mortgage applications in the United States, OptiFI Scores will be just as common.And, by increasing the portfolio management efficiency, OptiFI will benefit the consumer, as well as the lender."
Lange recently served as president of the Mortgage Banker's Association of America and is also a director for Pedestal, a B2B mortgage exchange, and MERS, the electronic registration system for mortgages.In addition, Lange chaired the MBA Technology Committee while an officer with the MBAA.
About Fair, Isaac
Fair, Isaac is a global provider of customer analytics and decision technology.Widely recognized for its pioneering work in credit scoring, Fair, Isaac revolutionized the way lending decisions are made.Today the company helps clients in multiple industries increase the value of customer relationships.Fair, Isaac has made the Forbes list of the top 200 U.S. small companies eight times in the last nine years.
DONALD E. LANGE ...
www.sec.gov, 13 April 2004 [cached]
DONALD E. LANGE Director
...
Mr. Lange has served as the President and Chief Executive Officer of Pacific Financial Services, a mortgage banking and specialty finance company, since 1999.From March 2001 to February 2002, Mr. Lange served as President and Chief Executive Officer of OptiFI, a private company specializing in prepayment analytics.Previously, he served as the President and Chief Executive Officer of several specialty finance subsidiaries of Weyerhauser Company, including Weyerhauser Financial Services, Weyerhauser Mortgage Company and Weyerhauser Venture Company.Mr. Lange served as a director of Mortgage Electronic Registration System (MERS) from 1995 until 2002.In addition, he was a director of Pacific Gulf Properties from 1998 until 2001 and a director of Pedestal from 1999 until 2001.Mr. Lange was the President of the Mortgage Bankers Association of America in 1999.
...
Donald E. Lange, Fredric J. Forster and Richard A. Zona.
Marketswitch: Press Releases
www.marketswitch.com, 1 Mar 2001 [cached]
Don Lange, an industry veteran and former CEO of Weyerhauser Mortgage in Los Angeles, has been recruited to be Chairman and CEO of OptiFI.
...
"We intend to create an industry standard that will transform prepayment risk into business opportunity," said Lange."We expect that just as FICO scores are used for more than 3 out of 4 mortgage applications in the United States, OptiFI Scores will be just as common.And, by increasing the portfolio management efficiency, OptiFI will benefit the consumer as well as the lender."
Lange recently served as President of the Mortgage Banker's Association of America and is also a director for Pedestal, a B2B mortgage exchange, and MERS, the electronic registration system for mortgages.In addition, Lange chaired the MBA Technology Committee while an officer with the MBAA.
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