Experience

United Trust Bank
• United States
• Financial Services
• 1 - 100 Employee
• Loan Officer

  • Dec 2020 - Present

CBC National Bank - Mortgage Division
• National Mortgage Banker

  • Apr 2014 - Dec 2020


Keystone Asset Management

• United Kingdom
• Software Development
• 1 - 100 Employee

• Director of Business Development

  • Mar 2013 - Apr 2014

  Phil Paci joined Keystone Asset Management in 2008. In his current role as Director of Business Development, Phil is responsible for broadening the company’s reach within the default industry and to contribute to the overall expansion and growth of Keystone. In working closely with Operations, Sales, Information Technology and Finance, Phil assists in the procurement of new business avenues through the on-going development of Keystone’s solutions. Prior to his current role, Phil used his talents in managing client portfolios as an REO Team Lead and Asset Manager with Keystone. He has been involved in the mortgage industry since 2006 with a focus in mortgage banking prior to concentrating on default servicing. Before joining Keystone, Phil was an Account Executive for New Day Financial. Phil is an active participant in the industry often serving as a panelist or speaker at numerous industry conference events and summits. Show less

• REO Team Lead

  • Dec 2011 - Mar 2013

  This position involved working closely with the management team in the planning and implementation of advanced and efficient techniques designed to deliver optimum results for clients’ REO portfolios. I was responsible for the ongoing support and development of REO team members and held accountable for managing and facilitating the REO asset disposition process for several clients. Additional duties of the team lead role involved supporting the Portfolio Manager by acting as a liaison between staff and client on file-related issues and performing file-specific audits for quality and training purposes to name a few. Show less

• Asset Manager

  • Apr 2008 - Dec 2011

  • Responsible for overseeing a portfolio of REO assets averaging 175 marketable files, and facilitating the asset disposition process for a variety of clients across the entire nation • Analyze local and national market trends along with property data from all valuations to formulate a marketing strategy for the client to sell the property at the most favorable terms.• Effectively negotiate sales contract terms and conditions to maximize recovery targets and performance goals. • Coordinate all aspects of property preservation and rehab to client specifications• Secure offers within Keystone approval guidelines with Real Estate Contracts and present offers below Keystone approval level to the client with recommendations for their review and decision.• Review the title on each property and notify the Title and Closing Specialist of any issues.• Monitor sales activity and feedback with listing agent and adjust the list price/marketing strategy, as needed.• Follow up on all activities associated with the settlement of files under contract. Show less



New Day Financial

• Financial Services
• 1 - 100 Employee

• Account Executive

  • Jun 2006 - Mar 2008

  • Originated first and second mortgage refinance loans for leading national correspondent mortgage bank, specializing in debt restructuring for high-income homeowners with increased levels of unsecured debt. • Responsible for full loan life cycle including sales, liaison to processing, underwriting, closing and funding, and managing secondary salability issues as needed. • Loan product experience includes Conventional A, Alt-A, B/C, FHA, and 100LTV/ 125% CLTV simultaneously closed combination loans. • Completed extensive training and exams in areas of underwriting guidelines, sales management, compliance, and ethics. Show less



Wireless Central

• Wireless Services
• 1 - 100 Employee

• District Manager

  • Apr 2002 - Jun 2006

  Accountable for the day-to-day operations of 6 wireless retail stores throughout the Delaware Valley overseeing a team of 25 retail managers and sales associates. • Responsibilities included: o Hiring, training, and scheduling of retail managers o Employee evaluation including sales associate hiring and termination decisions o Setting sales goals and performance incentives for employees o Monitoring inventory levels, and communicating needs to vendors o Working with vendors to develop point-of-sale and regional media advertising strategies to increase customer traffic at retail store locations. o Conduct bi-weekly audits, weekly sales reports, and payroll reports for each retail location, and aggregate district Show less