Experience

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  ECC Capital Corporation

  • Newport Beach, CA

  • President & CFO

    • Apr 2019 - Present
    • Newport Beach, CA

    ECC Capital Corp. is a specialty finance and asset management company that currently manages a portfolio of residential mortgage-related assets including legacy residuals, MSR \ ESR's, and whole loans. Established the strategic direction, capital plan, and corresponding operating plan to achieve company-wide goals and objectives while optimizing the firm's legacy balance sheet. Led two individual third-party capital raises with public companies supporting a mortgage company start-up and the acquisition of Kemmerer Holdings, LLC.

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  Eagle Ridge Capital Partners LLC

  • Newport Beach, CA

  • Principal

    • Jan 2007 - Present
    • Newport Beach, CA

    Provide consulting and advisory services focused on financial services \ mortgage \ real estate industries. Typical clients include PE firms engaged in distressed opportunities, M&A and investment activities, Mortgage firms looking to grow top line revenue by introducing new products ands services, gain greater operational efficiencies, or better understand how emerging technologies can influence the goals of the organization.

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  RedDoor

  • Advisory Board Member (Proptech \ FIntech)

    • 2019 - 2021

    Company acquired by OpenDoor in November 2021.

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  Carrington Holding Company, LLC

  • Chief Administrative Officer

    • Jun 2017 - Dec 2018

    Commanded all strategic operations, and supervised Carrington Real Estate Services, Carrington Property Services, Carrington Title Services, Carrington Escrow Services, Carrington Home Solutions, Carrington Development Company, Human Resources, IT, Facilities and Security. Led the efforts to sell Carrington Home Solutions (CHS) to MCS \ American Securities for a significant gain. Increased operational efficiencies by deploying Robotic Process Automation (RPA) bots within the enterprise leading to staff decreases exceeding 20% and while improving overall data quality.

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  Carrington Real Estate Group

  • Anaheim, CA

  • President

    • Jul 2015 - Dec 2018
    • Anaheim, CA

    Championed the Carrington Real Estate Group that consists of several different companies that provide a wide array of real estate oriented services for both institutionally focused clients as well as various consumer direct channels. These companies include: Carrington Title & Settlement providing real estate title and closing services, Carrington Property Services providing REO asset management, property management and valuation related services, Carrington Real Estate a full-service real estate brokerage operating today in 23 states, Carrington Home Solutions providing property inspection and preservation services for institutionally owned assets, and Carrington Construction a consumer-facing home remodeler. Key leader responsible for P&L, revenue growth, third-party client procurement, service standards, and overall team performance. Total revenue in 2018 exceed $150MM.

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  Carrington Property Services, LLC

  • Santa Ana, CA

  • President

    • Jun 2013 - Dec 2018
    • Santa Ana, CA

    Developed and led the strategic initiatives, operations and risk management disciplines supporting three distinct service verticals: Nationwide Property Management, Institutional Asset Management and Valuations. The Property Management Company managed greater than 7,000 single family rentals per year (>50,000 inception to date) and launched a set of products which supported the much publicized rental securitization market. The Asset Management business supported the liquidation of approximately 4,000 units per year for large institutional clients including multi-national banks, servicers and smaller property owners. Developed and managed relationships with many of the largest rental property owners in the nation. Awarded Property Management Company of the Year by Think Realty Magazine (2016).

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  Carrington Home Solutions, L.P.

  • Irvine, CA

  • President

    • Oct 2010 - Dec 2017
    • Irvine, CA

    Launched the start-up company in October 2010 and was chiefly responsible for all aspects of the business; delivering inspection, property preservation and repair services to our respected clients. In 6 short months developed nationwide network of vendors and personnel responsible for delivering our services. Within the first 12 months fully repaid our capital partners their initial investment and built a model poised for success. Gross revenues for first year exceeded $15MM, while achieving greater than $50MM after year five. Clients included real estate asset managers, GSE’s, property management firms, portfolio investors, and both large scale and boutique servicers. Led the team responsible for selling Carrington Home Solutions to MCS and American Securities in December 2017 for a significant capital gain.

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  Prospect Mortgage, LLC

  • Irvine, CA

  • EVP - Business Development

    • Nov 2009 - Oct 2010
    • Irvine, CA

    Developed the strategic business initiatives for the National Service Center. These initiatives included developing portfolio refinance and short-sale campaigns with large global banks, hedge funds and other portfolio owners. Widely considered the most successful mortgage company focused on the refinancing of institutionally held mortgages at the time.

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  Ameripath Mortgage

  • Irvine, California, United States

  • Partner

    • Apr 2008 - Nov 2009
    • Irvine, California, United States

    Retail, consumer direct mortgage company. Focused on strategic business development initiatives with money center banks, hedge funds and other distressed mortgage investors. These opportunities, largely known as Joint Marketing Agreements, provided key portfolio benefits to the institutional counterparties while also providing excellent benefits to the direct consumer. Additionally, led the Operations team that included all activities post lead generation to funding to sale. Ultimately played lead role in facilitating the sale of Ameripath Mortgage to Prospect Mortgage in November 2009.

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  New Century Mortgage

  • Irvine, CA

  • Executive Vice President

    • Jan 2000 - Nov 2007
    • Irvine, CA

    During the 8 year tenure was primarily responsible for the Capital Markets division (wholly-owned affiliate NC Capital Corp.) where I led the securitization and whole-loan sale efforts optimizing the exit strategy for the product being originated, approximately $56 billion per year at the peak. Leadership responsibilities of NC Capital also included portfolio hedging, ABS bond structuring, Portfolio analytics, and the negotiation of complex forward sale agreements, warehouse lines, commercial paper funding facilities and other such funding agreements. Additionally, I was also responsible for product development, fixed income investor relations efforts and the oversight and leadership of the mortgage servicing platform. Member of the Executive Management Committee, Credit Committee, Product Development Committee, and Compensation Committee.

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  Fremont Investment and Loan

  • Anaheim Hills, CA

  • Vice President

    • 1998 - 2000
    • Anaheim Hills, CA

    Launched the Correspondent Bulk Acquisition channel and led the capital markets, operations and analytics teams.

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  AMRESCO Commercial Finance, LLC

  • Ontario, California

  • Director

    • 1995 - 1998
    • Ontario, California

    Developed and led the Pricing Desk and Correspondent Lending production channel of this non-prime mortgage aggregator. Responsible for modeling and determining the value of all acquired loans through the Bulk Acquisition or Correspondent channels.

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  Bank of America

  • San Francisco

  • Senior Financial Analyst

    • Apr 1990 - Aug 1995
    • San Francisco

    Various responsibilities in support of the Mortgage Servicing and Secondary Marketing areas of the Bank.