MARK THOMAS
Executive Vice President at Truly Mortgage- Claim this Profile
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English -
Topline Score
Bio
Credentials
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Direct Endorsement
Federal Housing Administration -
VA SAR
U.S. Department of Veterans Affairs
Experience
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Truly Mortgage
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United States
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Financial Services
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1 - 100 Employee
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Executive Vice President
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Jul 2022 - Present
Starting up a new division for AmeriFirst Financial Inc called Truly Mortgage to include consumer and business purpose lending operations. Starting up a new division for AmeriFirst Financial Inc called Truly Mortgage to include consumer and business purpose lending operations.
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Finance of America Commercial
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United States
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Financial Services
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1 - 100 Employee
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VP, Credit Implementation and Underwriting
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Jan 2018 - May 2022
The primary responsibility is managing the implementation of all credit to include policy, procedure, authority, training/development, QC, appraisal, treasury, loan sale/securitization, origination systems and products. This role oversees and manages all operational staff and processes to ensure acceptable risk is maintained throughout the life cycle. Serves as the content creator and manager for all credit materials to include guidelines, matrices, training aides, and procedures for the company. Additional responsibilities: • Co-Leading an operational team of 100+ Processors, Closers, and other support staff. • Directly managing the credit team of (6) Credit Managers that manage a staff of (70) Underwriters, (15) Legal Analysts and a Underwriting Training Manager. • Directly managing the appraisal team to include the Chief Appraiser and two department managers that manage a team of (25) Appraisal Reviewers, Review Appraisers and Appraisal Coordinators. • Directly managing the construction team to include a Director of Construction that manages a team of construction staff of (10). • Key member of a Product Development team responsible for developing and delivering products to market. • Key member of a Secondary Market team responsible for driving secondary market strategy and execution. Show less
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Pacific Union Financial, LLC
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United States
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Financial Services
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200 - 300 Employee
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Director of Credit Risk and National Underwriting
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Jun 2014 - Dec 2017
Manages a team of Underwriting Managers who manage 40+ Underwriters. Responsible for the underwriting quality management and credit policy/credit risk management for all operations. Role is directly responsible for the risk, credit quality and compliance quality performance of the company. Additionally responsible for the training and development of all operations staff for all matters involving risk or quality to include classroom training, authority management and Underwriter designation administration. Also, responsible for handling all escalations and exceptions coming from operations and for handling the mitigation of all pre-close and post-close quality issues. Show less
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Various
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Financial Services
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1 - 100 Employee
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Operations Risk Management Consultant
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Nov 2012 - Jun 2014
Working on various projects for different lenders in relation to QM training, writing Operations/Underwriting/Compliance/Credit policies and procedures, Underwriter/Processing training, audit support, FHA program development and management consultation. Working on various projects for different lenders in relation to QM training, writing Operations/Underwriting/Compliance/Credit policies and procedures, Underwriter/Processing training, audit support, FHA program development and management consultation.
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Capital One
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Egypt
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Leasing Non-residential Real Estate
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Principal Credit Manager
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Nov 2010 - Nov 2012
The primary responsibility was managing all aspects of the underwriting, quality control and credit risk for the Maryland Site. This included making all elevated credit decisions within authority, managing the QA/QC process, managing a staff of 50+ Underwriters and Processors, writing and managing branch credit policies and procedures, managing all secondary market sale issues as well as consulting with corporate credit policy in escalated matters and policy conflicts. Staff management responsibilities included hiring and performance management in conjunction with the site leader, setting monthly production goals and daily management of loan flow and production. Other responsibilities included second level reviews, setting underwriting authority levels, training and development of all branch staff surrounding credit policy and procedures. Show less
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Freddie Mac
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United States
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Financial Services
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700 & Above Employee
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Senior Credit Analyst (Process Manager)
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Jan 2008 - Nov 2010
The primary responsibility was to serve as the administrator for the Terms of Business Library (TOB Library). This included reviewing and approving all new Terms of Business submitted for compliance to Freddie Mac standards and policies prior publishing to the TOB Library and customer contracts. Secondary responsibilities included maintaining the TOB Library and reviewing customer contracts to determine compliance with the Terms of Business published in the TOB Library. In addition, the role required partnership with the Customer Credit Manager to determine which products would be available to an individual Seller/Servicer based upon their internal quality audit results and FHLMC underwriting performance results. Show less
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Education
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Ashford University
Master of Arts (MA), Organizational Leadership -
Ashford University
Bachelor of Arts - BA, Organizational Leadership
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