Real Estate Mortgage Banking Expert Witness

Business Experience

9/06 to Present
Private Consulting Company
Woodland Hills, CA
Litigation support related to Financial Services. Development of new business plans, presentations, and models of business opportunities for client companies. Current assignments include an E-Commerce enterprise (in formation) and, a Real Estate Lending Services company. Additional services include Executive Recruitment for selected companies within the Financial Services industry.

2/06 to 8/06
A Private Home Loan Company
President
Responsible for all operating departments of this multi-state credit repair lender. Reports to Chairman/Founder of company.

8/5/05 to 2/06
Casa Blanca Mortgage dba Shearson Mortgage
Senior Vice President
Responsible for supervision of all aspects of this mortgage banking company, including Warehouse Lines, Loan Production, Secondary Marketing, and Loan Operations.

12/00 to 7/05
United Financial Mortgage Corporation
Senior Vice President
Responsible for the organization and management of Loan Origination offices throughout the states of CA, NV, OR, WA, ID, UT, AZ, and CO

7/99 to 12/00
Private Consulting Company
Litigation support related to Financial Services.
Development of new business plans, presentations, and models. Current assignments include an E-Commerce enterprise (in formation) and, a Real Estate Lending Services company. Additional services include Executive Recruitment for selected companies within the Financial Services industry.

01/99 to 6/99
WMC Mortgage Corp
Executive Vice President/Chief Operating Officer
As the Executive Vice President/Chief Operating Officer of this nationwide provider of Sub-Prime and Alternative Mortgage Loan Products.

Responsibilities include: Loan Servicing, Appraisal, Loan Underwriting, Loan Operations, Compliance/Quality Assurance, Human Resources, and Information Technology.

11/98 to 01/99
Pacific National Bank (DBA) PNB Mortgage
Senior Vice President
Senior Vice President in charge of all mortgage lending activity conducted by this bank operated mortgage-lending division. I reported to the President of the Bank.

11/97 to 11/98
Mortgage Capital Resource (“MCR”)
President and Chief Operating Officer
President and Chief Operating Officer of this multi-branch, residential marketing and investor relations. Reports to the CEO of the company.

1992 to 11/97
Guaranty Asset Protection Services
Chief Executive Officer
Co-founder and CEO of this nationally recognized Private Investigations Firm specializing in mortgage fraud activities. The company is the developer of the AEGIS Data Base software, recognized as the leading transactions that may have been involved in mortgage related misrepresentation and fraud.

6/81 to 10/95
GN Mortgage
President & CEO
Organized and maintained full responsibility for all facets of this Savings and Loan Service Corporation. From its inception in June, 1981, the Company grew in size to over $11.0 billion in loan production, eight offices and approximately 165 employees. Served on the Board of Directors of GN Mortgage.

9/80 to 6/81
Central Federal Mortgage Corporation
Senior Vice President
Responsible for secondary marketing activities for both the service corporation and the parent organization, Central Federal Savings & Loan Association. Member of Senior Management Committee of the service corporation. Coordinated the efforts of the loan shipping department to meet product selection criteria and delivery schedules of institutional investors.

7/78 to 9/80
Genstar Mortgage Corporation
Senior Vice President
Areas of responsibility included both secondary market loan purchasing and institutional sales. Developed a program of loan origination, based on purchase of loans consolidated into mortgage backed securities, as the primary source of liquidity. Increased total portfolio from $1.8 billion in 1978 to $3.0 billion by 12/80. Coordinated departmental efforts with the warehouse/shipping department and loan servicing division.

1972 to 1978
Bowest Corporation
Senior Vice President
I was given the responsibility for the operation of the residential housing division of this major mortgage banking organization which produced over $400 million in residential loans for permanent investors during 1977. I was responsible for the negotiations all sales commitments with institutional investors, such as Savings and Loans, Savings Banks and Pension Funds, as well as the placement of GNMA pass-through securities with various investment banking firms. Joined the company in 1972 as Assistant Vice President with responsibility to develop and implement a program to purchase FHA/VA home loans from other mortgagees on a servicing-released basis for subsequent resale to permanent investors. Additional experience with the company has been in the origination and placement of income/ commercial loans on a nationwide basis.

Education

Michigan State University:
Bachelor of Arts, 1957-1962, History Major, Minors in Marketing and Political Science

1995-96: President of the California Mortgage Bankers Association.  I have served on the following committees: Fannie Mae Western Region Advisory Board; Fannie Mae National Advisory Board; and the R.F.C. Advisory Board.  I have also served as a member of the California Department of Real Estate Research and Education Committee.  I have served as President of the San Fernando Valley Chapter of the Arthritis Foundation. Currently serves as a member of the Board of Governors of the Southern California Chapter of the Arthritis Association of America.