Industry Vet Named Prez at Advantage Credit

Industry veteran Ron Litt has been named president of Advantage Credit International Inc., a provider of Web-based mortgage credit reporting based in Pensacola, Fla.,Mr. Litt brings more than 40 years of experience in the information and mortgage industries to Advantage Credit, the company said. He was previously employed as senior vice president of retail operations at MortgageIt and senior vice president and chief technology officer at Allied Home Mortgage Capital Corp. At Allied, Mr. Litt was responsible for innovations such as a proprietary vendor management platform, an integrated imaging system for originators, and the adoption of the first point-of-sale fraud prevention system, Advantage Credit said. Before entering the mortgage industry, he worked for the National Aeronautics and Space Administration as a consultant on the Space Shuttle and the early Mercury program, the company said. Advantage Credit can be found online at http://www.advantagecredit.com.