Mortgage banking veteran Dave Hurt has joined Home Value Lock as an adviser, bringing more than five decades of experience in capital markets, mortgage banking, servicing and risk management to the position.

Hurt moves to the advisory role at Home Value Lock after serving in senior leadership positions at Intercontinental Exchange (ICE), Black Knight and Cotality (formerly CoreLogic). He’s also held executive roles at General Electric Mortgage Co., Redwood Trust, North American Mortgage Co. and Perpetual Bank and Mortgage Co.

“Dave’s experience is unmatched,” Oliver Tickner, founder and CEO of Home Value Lock, said in a statement. “He has spent decades helping shape the mortgage industry from nearly every angle, and he immediately recognized the opportunity Home Value Lock presents for consumers, lenders and builders alike.”

Home Value Lock offers an insurance product designed to help homeowners protect a portion of their home’s value against future market declines. The company is positioning the product as a tool for consumers, mortgage lenders and homebuilders during periods of housing market volatility.

“For many buyers, today’s decision isn’t simply about mortgage rates. It’s about protecting what is often their largest financial asset,” Hurt said in a statement. “Home Value Lock brings an entirely new layer of confidence to homeownership by helping protect against market downturns while preserving the long-term opportunity of homeownership.”

In his advisory role, Hurt will work with the Home Value Lock leadership team on growth strategy, lender and builder partnerships, market expansion and positioning the firm within the housing ecosystem, according to the company.

Hurt said consumer confidence remains a key challenge in an environment of elevated mortgage rates and economic uncertainty, noting that downside protection and risk transfer are becoming more central to discussions among lenders, investors and regulators.

He also pointed to potential adoption in the homebuilding sector, where incentives have increased as builders aim to move inventory without lowering list prices.

“Builders today are spending tens of thousands of dollars per home on incentives designed to move inventory while protecting headline pricing,” Hurt said. “Home Value Lock represents a potentially more efficient alternative because it addresses something buyers genuinely care about — protecting the value of what is often their largest investment.”

This article was generated using HousingWire Automation and reviewed by a HousingWire editor before publication. 

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