Experience

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  NuBridge Commercial Lending

  • Diamond Bar, CA

  • Vice President - Loan Servicing

    • Nov 2020 - Present
    • Diamond Bar, CA

    Manage the daily operations of our Commercial Loan Servicing Department. This process includes ensuring employees create a quality relationship with each borrower, identify any potential challenges to loan performance and work with Senior Management on creating a resolution. The department manages the boarding of new loans, payment processing, correspondence, escrow and review quarterly rent rolls and operating statements where needed so the property operations are in line with our exit strategy for each borrower. Consistently review loans and borrowers to ensure performance through the maturity of the loans. Where needed, offer Maturity extensions, settlement options, alternate resolutions to ensure top recovery on each loan.

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  Residential Mortgage Solution LLC

  • Irvine, CA

  • Rental Acquisitions/Senior REO Asset Manager

    • Jan 2013 - Apr 2019
    • Irvine, CA

    Through our network of over 25 real estate agents in six states, review submissions of rental candidates for possible purchase into our rental portfolio. Duties include analyzing the financial information on individual single family properties to ensure values, rents meet our investors criteria. Prepare the acquisition package for the investor to approve the purchase. Manage the property rehabilitation, assign to a property manager for renting. Review and approve rental applications, leases, provide feedback and reporting to Management regarding processes, vendors. Additionally perform REO sales duties, assist with Special Diligence when requested by management. Ensure all billing and reimbursement is within appropriate approval level. Constantly looking for new markets to expand the purchase program.

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  Arico & Associates Realtors

  • Rancho Cucamonga, CA

  • Realtor/REO Specialist- Inland Empire Region

    • Oct 2007 - Dec 2013
    • Rancho Cucamonga, CA

    Manage a portfolio of REO properties for various lending institutions, investors. Brought on four new clients for an overall increase in sales of 30%. Responsibilities include, negotiating possession of property, conduct market analyses, cost/benefit analyses and recommend plan of action to ensure highest return on each property. Ensure associates handle each client according to their specific procedures and parameters. Hire and supervise contractors to oversee repairs, list properties for sale. Also, negotiate contracts on behalf of clients, supervise the escrow/closing process. Additionally, compile market data and produce reports on real estate market and current trends to assist clients in making real estate investment/sales decisions. Evaluate all vendors including contractors, escrow companies, title companies, maintenance representatives to ensure all parties are complying with clients policies, procedures and all procedures are efficient as possible.

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  Coldwell Banker Integrity

  • Associate Realtor

    • Jun 2007 - Oct 2010

    Handling disposition of Real Estate Owned (REO) properties for various mortgage company and banking clients. Property management responsibilities, contacting occupants to negotiate possession of the properties, conductiong Broker Price Opinions, gathering cleaning and repair bids, supervising repairs, marketing, presenting and negotiating offers, supervising the closing of the prroperties under contract. The entire process is provided to the clients on various web-based systems such as REOtrans, Res.Net and others. Also ensure all tasks are completed in a timely manner to adhere to the client's and investors timeframes. Goal is to achieve the highest possible sales price in the shortest timeline so as to minimize lender/investor holding costs/losses. Achieved highest rating on REOTrans timeline management.

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  ResMAE Mortgage Corporation

  • Brea, CA

  • Loss Mitigation Manager/REO Manager

    • Sep 2003 - Feb 2007
    • Brea, CA

    Created and managed the Loss Mitigation Department and REO Department for the company. Included programming the database, created forms, policies and procedures, hiring, training of personnel. Also handled a portfolio of REO Assets from throughout the United States. In the Loss Mitigation arena, handled the Short Sales, Loan Modifications, Short-term, Long-term repayment plans, Forbearances, Deed in Lieu of Foreclosure. Ensured all delinquent loans were reviewed for best possible outcome for the company.

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  Long Beach Mortgage Company

  • REO Manager

    • Sep 1998 - May 2002

    Managed the REO portfolio for the Company. Regularly achieved or beat industry standards for loss severity. Managed four REO asset management employees. Disposed of 20% of the portfolio on a monthly basis.

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  Transamerica Financial Services

  • REO Asset Manager

    • 1995 - 1998

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  Union Federal Bank

  • Brea, CA

  • Asset Manager- Commercial Porftolio

    • Sep 1992 - Aug 1995
    • Brea, CA

    Worked with Senior Asset Manager in managing a portfolio of Commercial Real Estate Loans. The loans were secured by Hotels, Industrial, Retail, Multi-Family Residential Units. Conducted Financial Analyses for delinquent loans and determine a course of action.. either modify loan, extend a loan repayment plan, or recommend loan for foreclosure. Hired attorneys, management companies to act as receiver while property was in foreclosure or in Bankruptcy. Eventually sold the properties which became Company-owned.