Banking Lending & Real Estate Expert Witness

ACCOMPLISHED STRATEGIC BUSINESS EXECUTIVE

• Executive leader with experience in business strategy, operations, and fiscal excellence for major lending corporations.
• Served as a business owner and leader for multiple large-scale technology lines of business and initiatives.
• Skilled in executive management, operations leadership, relationship building, project management, financial analysis, and business development, with a history of consistently growing revenue.
• Offers creative solutions to complex problems, capturing increased efficiency and productivity.
• Leads business planning processes while developing strategies to meet future challenges.

CORE SKILLS AND COMPETENCIES

• Sophisticated Data Driven Analyses
• Cross-Functional Leadership
• Project and Program Management
• Thought Leadership
• Startup and SteadyState Operations
• Risk Management / Compliance
• Sales and Marketing Strategies
• Strategic Planning and Execution
• Loan Growth / Profitability
• Integrating Business / Technology
• Vendor Partnerships / Management
• Process Improvement

SELECTED EXECUTIVE ACHIEVEMENTS

• A PRIVATE COMPANY, LLC – Delivered numerous consultancy engagements to Wall Street investment banks and attorney clientele involving complex legal proceedings.
• BANK OF AMERICA – Led Automated Valuation Model (AVM) group and launched new program that delivered a $1B loan pipeline of opportunities.
• BANK OF AMERICA − Oversaw the Loan Modifications Control Tower with authority over more than 1,500 individuals in domestic and offshore locations.
• BANK OF AMERICA – Led the development and implementation of a new SaaS workflow platform that saved borrowers over $50M per year, reduced operational and counterparty risk, improved turn times by nearly 30%, and generated $12M in incremental annual revenue.
• BANK OF AMERICA − Maximized recoveries for over $1.2B in mortgage insurance coverage rescissions and claim denials.

EXECUTIVE EXPERIENCE

• A PRIVATE COMPNAY LLC, LOS ANGELES, CA   (2014 to Present)
• Principal

Pioneered the launch and continued management of this business consulting firm serving the Financial Services industry, working with some of the largest investment banks and law firms.  Gains insight into the challenges facing each client.  Develops and deploys technologies to meet the needs of clients in the mortgage banking and securities industries, improving revenue and productivity, while lowering risk.

Served as a consulting expert witness in over 40 litigation matters originating from the 2008 financial crisis and involving Residential Mortgage-Backed Securities (RMBS) with alleged appraisal inflation at issue.  Claims were based on the inner-workings, use and efficacy of Automated Valuation Models (AVMs).  Other expert engagements include trade secrets, predatory / improper lending, multiple county tax assessors and environmental matters.  Directed complex data analytics and strategy teams to develop case specific themes and arguments rooted in data driven conclusions from large datasets.

• BANK OF AMERICA, CALABASAS, CA       (1999 to 2014)

A demonstrated record of success and achievement at this Fortune 100 corporation, marked by a series of promotions to positions of increased influence, authority, and accountability.  Valued as a top contributor capable of understanding complex situations and aligning teams and technologies to address the needs of clients and stakeholders.

• 2012 to 2014: Senior Vice President and Business Executive – Operations

Promoted to direct strategic planning and operations for the Loan Modifications Control Tower, with authority over more than 1,500 individuals in domestic and offshore locations.

Credited with resolving loan modifications within the federal regulatory timeline of 30 days.

Captured improvements in workflows and decisioning using Lean Management and Six Sigma principles.

• 2010 to 2012: Senior Vice President and Senior Group Operations Manager

Worked with counterparties within a portfolio of troubled loans to negotiate complex settlements, including bulk, Full & Final, and individual loans.  Assembled a high performing team with expertise in process design, project management, data mining / analysis, exceptions remediation and reporting.

Successfully maximized recovery efforts for over $1.2B in mortgage insurance coverage rescissions and claim denials.

Developed a tailored request process, tracking process, and database for managing workflow, leveraging a newly-formed Global Data Reconciliation team.  Designed a system to provide insight into claim status to minimize confusion.

• 2007 to 2010: Senior Vice President of Strategic Partnerships

Directed the efforts of 20 IT and business team members in domestic and offshore offices engaged in compliance, systems administration, and reporting.  Served as the subject matter expert for the company’s custom SaaS National Title Platform.

Consolidated providers and renegotiated price points to achieve over $50M in annual reductions in borrower costs for title and settlement services.

Launched a technology-centered business that generated $12M in first-year revenue.

Leveraged the development of automated tools for loan application data entry, improving efficiency by 75%.  Additionally, lowered order turn times by 27% by refining IT system parameters.

Innovated pricing compliance processes and an executive reporting suite to achieve 91% compliance between contracted and actual fees.

Streamlined the contract approval process to expedite execution cycles by 33% and improve KPI visibility.

• 2004 to 2007: Senior Vice President of the Collateral Analytics Group

Successfully re-engineered systems, infrastructure, and operations to meet the needs of a growing organization, overseeing 22 domestic and offshore business and IT team members.

Served as the business and product owner of the Automated Valuation Model (AVM) and third-party AVM waterfall suite.  Improved model performance from 9th place to 1st place in the market and scaled infrastructure for high volume usage.

Developed and launched a new program, establishing a $1B pipeline of loans in less than nine months.

Skyrocketed revenue by 200% to $18M by expanding and enhancing online product offerings.

Negotiated prices on higher volumes with Fannie Mae, Freddie Mac, and other business partners, lowering expenses by 39% and translating to $3M in annual savings.

EARLY CAREER

• First Vice President, Internet, Bank of America, Calabasas, CA
• President of Appraisal & Closing Services, RealEstate.com, Pasadena, CA
• Vice President of Loan Production, Aames Home Loan, Los Angeles, CA
• Vice President of the Real Estate Owned (REO) Division, Aames Home Loan, Los Angeles, CA
• Senior Consultant in the Institutional Division, Real Estate Disposition Corporation, Irvine, CA

EDUCATION & PROFESSIONAL LICENSES

• INDIANA UNIVERSITY

• Master of Business Administration, Concentration in Finance

• UNIVERSITY OF CALIFORNIA AT LOS ANGELES

• Bachelor of Science Degree in Electrical Engineering

• Licensed Real Estate Broker – California Department of Real Estate

• Certified Lean Six Sigma Black Belt

PROFESSIONAL AFFILIATIONS

• Vice Chairman, Angel Investment Group, Pasadena Angels Inc.
• Council Member, Gerson Lehrman Group Inc. and Apex Leaders

Additional Information

Executive leader with more than 20 years of experience in business strategy, operations, and fiscal excellence for major banking and lending corporations. I have served as an expert witness in over 40 cases and submitted comprehensive written reports on complex matters that were presented to the courts in layman terms.

Disputes have argued the following issues:

• The 2008 Financial Crisis Involving Residential Mortgage-Backed Securities (RMBS)
• Misappropriation of Trade Secrets
• Predatory Lending
• Multiple County Tax Assessors
• Environmental Contamination and Real Estate Valuation Stigma
• Loan Origination / Employment Compensation

Topics covered included:

• Real Estate Automated Valuation Models (AVMs)
• Intellectual Property (IP) / Software Source Code Theft
• Errant Lending Practices
• Mortgage Fraud
• Loan Servicing
• Foreclosures
• Loan Modifications
• Loan Workouts
• Real Estate Owned (REO)
• Lending Due Diligence

PRESENTATIONS: Available upon request.

PREVIOUS LITIGATION CONSULTING CASES: Available upon request.

Deposition Support: : Available upon request.

Trial Support: Available upon request.

Expert Reports: Available upon request.