John D. Walrath

Experience

• 

  Wisconsin Department of Financial Institutions

  Mar 1993 - Oct 2004

  Financial Examiner - Supervisor.Provided technical expertise and guided counsel and worked with Administrator, General Counsel and Executive Assistant to revise statutes, rules and regulations.Responsible for licensing and regulatory enforcement actions. Acted as liaison between executive staff and mortgage banking industry. Conducted compliance examinations and evaluated the financial condition of various financial institutions including: banks, loan companies, collection agencies, motor vehicle dealers, sales finance companies, currency exchanges, seller of checks and adjustment service companies.

  • Director of Mortgage Banking

    Jan 1997 - Oct 2004

  • Mortgage Banking Officer

    Apr 1996 - Jan 1997

  • Consumer Credit Examiner

    Mar 1993 - Apr 1996
• 

  Thompson Kane & Co, LLC NMLS# 898428

  Mar 2012 - Oct 2013

  Chief Compliance Officer

  Oversight of Compliance, Quality Control, Licensing and AML/BSA. Implement newly issued financial rules and various federal and state laws including: SAFEAct, Consumer Privacy Policy, Red Flags Identity Theft, Quality Control, AML/BSA Policy and Federal Compliance (ECOA, FHAct, FCRA, FACTA, Flood Disaster Protection Act, HMDA, HPA, RESPA, Service Members Relief Act, MDIA, TILA, and HPML).

• 

  Thompson Kane & Company, LLC, an Equal Housing Lender, NMLS ID# 898428

  Nov 2014 - Apr 2017

  President & CCO

  Mortgage Banking Executive responsible for oversight of company and all initiatives to assure successful service delivery, strategy fulfillment and related regulatory compliance.

• 

  Bright Financial Services, LLC, NMLS ID 1625182, Equal Housing Lender

  May 2017 - now

  Founder

  Bright Financial - raised capital to launch a consumer residential mortgage and consumer installment loan company.

• 

  Thompson Kane & Company, Inc. NMLS ID 898428, Equal Housing Lender

  Apr 2019 - now

  Executive Vice President, CFO, CCO