About Us

Our History and Our Future

At VirPack, we’ve been providing document management and imaging solutions since 1998. As we have grown, our mission has increased to find ways we can help to transform lending operations. We help transform businesses through technology that empowers our customers’ success; such as virtual document management, workflow and file automation, and e-delivery.

Our team embodies this mission by delivering innovative solutions that meet our customers’ needs with first-class service.

We serve residential lenders, commercial lenders, banks, credit unions, HFAs and any other paper-intensive industry that involves collecting, viewing, managing and storing documents.


Michael J. Coar, Jr.

CEO & Chairman

Michael J. Coar Jr., is the chief executive officer of VirPack, the company he founded in 1998. Michael is a 30+ year veteran in systems integration, software development and document management.

Prior to starting VirPack, Michael served as Fannie Mae’s director of imaging where he successfully implemented the organization’s first imaging and workflow system. His experience also includes roles in software development and engineering at Price Waterhouse, Compact Software, and Image Business Systems.

In 2015, Michael was named a Mortgage Banking All-Star by Mortgage Banking and the Mortgage Bankers Association for his work in establishing the ePackaging and eDelivery of loan files from lenders to their secondary market recipients.

Wayland T. Pond, IV

Chief Operating Officer

Wayland is VirPack’s chief operating officer. He leads the company’s Sales, Marketing, and Customer Success teams. With almost two decades at VirPack, he has developed and honed key insights into how technology and automation can streamline the process for day-to-day operations for mortgage lenders.

Wayland has a BA from the Jepson School of Leadership Studies at the University of Richmond.

Pamela Stahl

Chief Technology Officer

Pamela Stahl is VirPack’s chief technology officer. She leads the company’s Product, Development, Quality Assurance,  and IT teams. She joined the VirPack team in 2016 with over 15 years experience in the mortgage and mortgage technology industry. and was promoted to CTO from Director of Product Management. She has helped innovate technologies that diversified VirPack’s product offerings and enhanced loan processes for VirPack customers throughout her tenure.

Pamela has been recognized as one of the “Top 30 Women that are Reshaping Financial Services FinTech today.” She has over a decade of experience in the mortgage and financial sectors. Pamela has a BA from Virginia Tech.

Industry Partners

We are pleased to share a collaborative relationship with the Mortgage Bankers Association
and the National Council of State Housing Finance Agencies.