Experience

Cornerstone Servicing

• United States
• Financial Services
• 1 - 100 Employee

• President

  • Feb 2023 - Present

  Denver, Colorado, United States



Cornerstone Home Lending

• United States
• Financial Services
• 700 & Above Employee

• Managing Director - Loan Servicing Division

  • May 2021 - Mar 2023

  Denver, Colorado, United States



Specialized Loan Servicing

• United States
• Financial Services
• 400 - 500 Employee

• CEO | Board of Directors

  • Jul 2016 - Jun 2021

  Greater Denver Area • Lead and develop an industry-leading team of over 1,400 mortgage executives and staff responsible for the loan servicing, recovery services, valuations, and asset management business; mentor, train and motivate executives and staff • Significantly expanded new servicing and subservicing clients; experiencing consecutive year-over-year new loan servicing growth • Grew servicing portfolio by 120% and increased subservicing business by over 100%; increased revenues and improved annual… Show more • Lead and develop an industry-leading team of over 1,400 mortgage executives and staff responsible for the loan servicing, recovery services, valuations, and asset management business; mentor, train and motivate executives and staff • Significantly expanded new servicing and subservicing clients; experiencing consecutive year-over-year new loan servicing growth • Grew servicing portfolio by 120% and increased subservicing business by over 100%; increased revenues and improved annual EBITDA • Manage the growth and transformation of the loan services business, with a similar headcount, while reducing customer complaints and improving servicing ratings across all three major rating agencies. • Achieved Top 1 or 2 servicer rating of any non-bank mortgage servicer across all major rating agencies and multiple asset classes including prime, subprime, HELOC, and special servicing • Develop and implement a strategic plan to advance the company's mission and objectives and to promote revenue, profitability, and organizational growth • Ensure regulatory compliance and leadership in the industry and oversee company operations including subsidiaries’ operations to ensure efficiency, quality, service, and cost-effective management of resources

• President | Board of Directors

  • Jan 2015 - Jul 2016

  Greater Denver Area • Led a 15-person executive team and over 200 staff responsible for loan servicing, financial and transaction management, recovery services, and asset management • Developed a five-year strategic plan to grow the US loan services business profitability and Return on Invested Capital (ROIC) • Led the acquisition of two strategic businesses that reliably delivered a significant amount of new servicing to the platform • Designed, developed, and implemented new capital structures used… Show more • Led a 15-person executive team and over 200 staff responsible for loan servicing, financial and transaction management, recovery services, and asset management • Developed a five-year strategic plan to grow the US loan services business profitability and Return on Invested Capital (ROIC) • Led the acquisition of two strategic businesses that reliably delivered a significant amount of new servicing to the platform • Designed, developed, and implemented new capital structures used to acquire substantial RMBS, GSE MSR, and servicing advances; optimized deployed capital and significantly enhanced investment returns • Developed key strategic capital partnerships and structures with major financial institutions • Supported the CEO in developing the company’s strategic plans and business objectives, as well as the company’s business development and oversight of mortgage services subsidiaries

• President | Chief Financial Officer | Treasurer

  • Jul 2003 - Dec 2014

  Greater Denver Area • Founding partner of Specialized Loan Servicing, LLC and Executive Director of the Board • Provided direct oversight to all SLS subsidiaries which included REO asset management, title services, property valuations, and insurance services • Led a team of 200 + managers and professionals, responsible for all financial, accounting, general administration, and business operational processes and controls • Managed multiple private placements on behalf of SLS, leading to additional capital… Show more • Founding partner of Specialized Loan Servicing, LLC and Executive Director of the Board • Provided direct oversight to all SLS subsidiaries which included REO asset management, title services, property valuations, and insurance services • Led a team of 200 + managers and professionals, responsible for all financial, accounting, general administration, and business operational processes and controls • Managed multiple private placements on behalf of SLS, leading to additional capital investments • Developed a post-financial crisis strategy that transformed the business from loss producing to significant EBITDA that underpinned a sale premium to SLS investors



Credit Suisse First Boston

• Vice President, Investor Accounting, Select Portfolio Services

  • Sep 2002 - Jul 2003

  Austin, Texas Area • Directed the oversight of investor reporting, reconciliation, loan accounting activities for the Credit' Suisse First Boston Subprime and ALT-A portfolio • Directed all operational finance and accounting activities, such as revenue recognition, advance substantiation, lender-paid insurance accounting, and client cash reporting • Interviewed, hired, and trained a staff of 40, including six managers and 34 staff; delegated responsibilities, evaluated performance, mediated conflicts, and… Show more • Directed the oversight of investor reporting, reconciliation, loan accounting activities for the Credit' Suisse First Boston Subprime and ALT-A portfolio • Directed all operational finance and accounting activities, such as revenue recognition, advance substantiation, lender-paid insurance accounting, and client cash reporting • Interviewed, hired, and trained a staff of 40, including six managers and 34 staff; delegated responsibilities, evaluated performance, mediated conflicts, and counseled on career advancement

• Vice President, Finance | Interim Chief Financial Officer

  • Jun 2000 - Sep 2002

  • Executive in charge of Financial Accounting and Reporting, Planning, Treasury, Analytics, Investor Reporting, Cashiering, and Loan Accounting operations; led a staff of 9 direct reports and 100 indirect reports • Assisted clients with the development of new front-end delivery process flows to minimize borrower, client, and servicer financial risk • Coordinated external financial, regulatory, and investor-related audits and managed a credit facility • Negotiated, reviewed, and… Show more • Executive in charge of Financial Accounting and Reporting, Planning, Treasury, Analytics, Investor Reporting, Cashiering, and Loan Accounting operations; led a staff of 9 direct reports and 100 indirect reports • Assisted clients with the development of new front-end delivery process flows to minimize borrower, client, and servicer financial risk • Coordinated external financial, regulatory, and investor-related audits and managed a credit facility • Negotiated, reviewed, and approved subservicing, interim servicing, master servicing, and pooling and servicing agreements with external sources; developed and implemented cash processes and controls, subordination process, and HELOC credit policies