Michael C.

Experience

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  Ameriquest Mortgage (Long Beach Mortgage)

  Jan 1995 - Jan 1998

  Collection Supervisor
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  AMRESCO

  Nov 1998 - Nov 1999

  Loss Mitigation Specialist
• 

  Option One Mortgage

  Nov 1999 - Jan 2005

  Senior Compliance Analyst with experience in researching federal regulations, lending and servicing procedures. Consulting with regulators, as well as internal and external legal counsel, regarding federal laws and lending practices. Interested in providing analysis of bills while addressing any impacts and risks associated with operations and servicing.

  • Senior Compliance Analyst

    Mar 2003 - Jan 2005

  • Collection Supervisor

    Nov 1999 - Mar 2003
• 

  New Century Mortgage

  Jan 2005 - Jun 2007

  Collection Manager

  Sold to Carrington Mortgage Holdings, LLCCollection Manager with a combined staff of one hundred and fifty associates. While handling departmental and divisional objectives, including, but not limited to, delinquency control, call center and loss mitigation on prime and subprime portfolios. Manage Investor presentations and rating agencies.

• 

  Carrington Mortgage Services, Mortgage Servicing Division

  Jun 2007 - Jan 2009

  Collection Manager

  Affliated with Carrington Mortgage Holdings, LLC

• 

  Carrington Recovery Services, LLC

  Feb 2009 - Apr 2010

  Operations Manager

  Affiliated with Carrington Mortgage Holdings, LLCOperations Manager overseeing the day to day operations of the Recovery Unit, collecting on deficiencies and debts owed to third party creditors. Ensuring all Business Collection Practices are in compliance with FDCPA and State regulations.

• 

  Kondaur Capital Corporation

  Apr 2010 - Jun 2011

  Default Operations Manager

  Default Operations Manager responsible for all aspects of Loan Servicing that relates to Foreclosure, Bankruptcy and Eviction. Ensures policies and procedures are being adhered to and that Foreclosure, Bankruptcy and Eviction timelines are being met. Maintains vendor relations with internal and external clients.

• 

  Sun West Mortgage Company, Inc.

  Jul 2011 - Jul 2012

  Loan Servicing Compliance Manager

  Oversee all functions of the Servicing Department including but not limited to Cashiering, Customer Service, Collections, Foreclosure, Loan Modification, Loss Mitigation, Payoffs, Reconveyance and REO. Work closely with Senior Management to effect policy and procedure necessary for compliance with regulatory and legislative changes while creating creative ways to increase department efficiency and automate existing processes.Ensure HECM and Forward Mortgage Portfolios are serviced according to the requirements of Fannie Mae, Freddie Mac and Ginnie Mae as well as all Business Collection Practices are in compliance with FDCPA and State Regulations. Show less

• 

  Bank of America

  Jul 2012 - now

  Manage the internal and external GSE Relationship by providing an end-to-end support of Fannie Mae loan performance across Default Servicing (Collections, Loan Modifications/Underwriting, Foreclosure Referral, Foreclosure, Bankruptcy, Short Sale, DIL, etc.).Serve as secondary contact within the Default Servicing organization for Fannie Mae.Communicate to Strategic Implementation Management potential issues in interpretation or execution of new and existing guidelines; present ideas from operation leaders to improve performance or processes.Partner with GSEs, Investor Relations and Home Retention/Loss Mitigation Strategies group to ensure that all constituents are aligned on the activiities and performance of the portfolio. Show less

  • Vice President, Sr. Business Control Specialist

    Aug 2016 - now

  • Vice President, Consumer Operations Settlement Execution

    Jan 2016 - Jul 2016

  • Vice President, GSE Default Relations

    Jul 2012 - Jan 2016