What are the priorities for Newrez’s CIO?

Job priorities

Half of the company’s technology organization focuses on software engineering, with a focus under Lack’s leadership on creating miniature development groups that work in two-week project “sprints” across the company. The other half devotes attention to data engineering, information security, IT ops and infrastructure.

Overseeing technology priorities of three different companies being brought together under one umbrella involves a lot of work and attention, Lack said.

“There’s three different perspectives on things, from executive leadership to your perspective, because you also have two or three different cultures going on that we’re blending together,” Lack said. “You definitely have different points of view on how things should be done.”

In other words, he is focusing on weaving together separate people processes as well as technology.

There is added pressure on top of that, with mortgage rates rising, refinances plunging, rivals downsizing and continued challenges in a pandemic environment, he explained.