Extensive, Hands On Experience in virtually all areas of consumer finance, including: Sales Management / Strategic Planning / Corporate Development / Growth Strategies / Mortgage Capital Markets / Portfolio Management
BA - Economics, University of North Dakota
MA - Graduate Program: Economics/Accounting, University of North Dakota
Selected Achievements and Skills
• As CEO, successfully directed the turnaround of a $400 million, nationwide consumer finance company with wholesale, retail and direct to consumer call center distribution channels. Increased loan production by over 50% while reducing operating expenses by 25%.
• Directed the startup of a national mortgage banking subsidiary of a Fortune 100 company, achieving a 40% return on equity in the first year.
• Managing the, production, pricing, hedging, sale or securitization of over $20 billion of residential mortgages. Mortgage products included Agency Conforming, Jumbo, FHA / VA, Home Equity, Alt-A and sub prime.
• Negotiated the acquisition and served as CEO of a national consumer and commercial mortgage loan servicing company, with 240,000 accounts. Designed and implemented an organizational restructuring, resulting in a $4 million annual savings.
• Developed and led the startup of a whole loan mortgage conduit, purchasing over $1 billion of residential mortgage loans over a 12-month period.
• Acquired and managed a $500 million portfolio of subordinate class, mortgage backed securities.
• Skills: Hands on executive with strong leadership, communication, and organizational skills. Experienced in management of all corporate functions, including sales and marketing, finance and administration. |
