Chris Sanchez Email & Phone Number

Los Angeles, California, Us

Responsible for a team that manages a $2 billion consumer lending portfolio consisting of 1st lien SFR mortgages, HELOCs, and unsecured consumer lines of credit and term loans.Develop and maintain consumer credit risk management controls and processes that align with the bank’s risk appetite and drive results for the line of business.Lead consumer loan workouts, foreclosures, short sales, modifications and partial releases. Manage bankruptcies and oversee the sale of REO and mortgages on the secondary market. Perform due diligence and assign risk ratings for the purchase of loan pools via the bank’s warehouse conduit program.Quarterly performance reporting of the held-for-investment portfolio for the bank’s Chief Credit Officer and Board of Directors.Risk assessment of loan concentrations of various lending segments and loan types, stress testing, provide early warning of anticipated portfolio or individual loan distress.Develop appropriate policies and procedures for all processes related to the consumer lending portfolio.Plan business objectives related to credit oversight of current and future SFR loan pool purchases.Oversee the business unit’s adherence to all bank compliance programs and all state and federal regulations applicable to SFR and consumer lending.Manage the bank’s 3rd party vendor relationships with CoreLogic and the bank’s sub-servicer, Dovenmeuhle Mortgage. Partner extensively on various projects with multiple business units within the bank, including legal, compliance, warehouse lending, accounting, loan operations and servicing.Train, mentor and create career development plans for direct reports.

Charlotte, Nc, Us

• Helped the bank recover losses on over six million foreclosures totaling $200 billion. Expert-level knowledge of regulatory compliance, REO, as well as nationwide foreclosure and bankruptcy processes.• Advised management on the feasibility of foreclosure, litigation, workout and forbearance options after performing audits of underwriting analysis, title, appraisal and closing documentation.• Developed job aids for multiple projects to eliminate process gaps, resulting in streamlined workflows while ensuring federal and state compliance and adherence to corporate risk policy.• Collaborated with other business segments as the subject matter expert on various business tools, resulting in the rollout of published job aids, desktop reference guides and revised compliance courses.

• Managed a $100 million pipeline of performing loans, loss mitigation and special assets involving SFR and multifamily investments. Negotiated with investors and attorneys to structure workouts, forbearances and loan modifications. • Monitored loan performance, covenant compliance and reviewed financials and appraisals. Reclassified non-performing loans and adjusted risk ratings as necessary. Met regularly with borrowers to solicit new business and discuss developments in financial strength and pending projects. • Streamlined the loan origination process by training the bank's client relationship managers in reviewing loan applications, resulting in improved processing and underwriting times.• Led a project that integrated a commercial loan origination platform with existing consumer lending software. Rolled out ahead of schedule and under budget.• Authored the bank's HELOC approval guidelines and risk rating matrix to align with revised lending policy and current business needs, reporting directly to the chief credit officer.