Technology >> CEO Interviews >> July 7, 2003

Joseph Murin – Basis100 Inc (bas:tse)

JOSEPH J. MURIN is President and Chief Executive Office of Basis100 Inc. With more than 30 years of diverse experience in the mortgage and banking industry, Mr. Murin leverages his extensive knowledge to establish and execute the strategic direction of Basis100. As President and Chief Executive Officer, Mr. Murin is the driving force behind the company's current and long-range plans and objectives. Mr. Murin joined Basis100 in December 2001 as the company's President and Chief Operating Officer, and was promoted to Chief Executive Officer one year later. Prior to joining Basis100, Mr. Murin led the transformation of Lender's Service, Inc., from an appraisal, title and closing management company to a provider of new technologies and business solutions for the national marketplace. LSI underwent significant evolution, including its sale to Merrill Lynch from Prudential. Mr. Murin joined LSI by way of Prudential Home Mortgage Company, Inc. He was transferred to LSI in July 1992 and named Executive Vice President. Mr. Murin moved up the ranks to CEO over a period of six years. Mr. Murin began his career with Pittsburgh National Bank, now PNC Bank, in the early 1970s as a Loan Officer. He completed the bank's management program in 1974 and worked in the commercial lending and retail divisions until 1979. From 1979 to 1982 he served as President of Murin Brothers, Inc., a family-owned business. In 1982, he joined City Federal Mortgage Services in Jacksonville, Florida., as a Commercial Loan Manager. From 1985 to 1989, he was President of Century Mortgage as well as Chief Lending Officer for its parent company, Standard Federal Savings and Loan. In December 1989, Mr. Murin joined American Pioneer Savings in Orlando as the Regional President, where he assisted the savings institution's liquidation on behalf of the Resolution Trust Corporation. In September 1991, Mr. Murin joined Prudential Home Mortgage Company, Inc., as Senior Vice President/National Sales Manager in Springfield, Illinois. He was transferred to LSI in July 1992 and named Executive Vice President. He was named Chief Operating Officer in January 1993, and was promoted to Chief Marketing Officer in July 1994 and General Manager in January 1995. Upon acquisition of LSI by Merrill Lynch in 1996, he was named President and COO, and was named CEO upon the recapitalization of LSI in 1998. Mr. Murin holds a Bachelor's degree in Business from National Louis University, and is actively involved on the Board of Trustees as Finance Chairman for Point Park University in Pittsburgh, Pennsylvania. Profile
TWST: Would you give us an overview of Basis100?

Mr. Murin: Basis100 started out in 1998 as a company called E-net

Financial Services, which provided online mortgage information. The

company