Christopher Loomis Email & Phone Number

Mclean, VA, US

US

• Audited compliance and risk assessments for firm leadership and external parties that included lenders, audit firms and trustees.
• Forecasted the borrowing capacity on each credit line and coordinated borrowings and pay downs for weekly fundings with trustee, note holder and verification agents.
• Monitored risk and analyzed positions related to advances pledged to financial facilities.
• Prepared daily, weekly and month end advance, recovery, claims, collection and cash reports that reconciled both Clearing and Disbursement Accounts.
• Forecasted and monitored short-term and long-term cash positions.

Mt Laurel, New Jersey, US

• Liaison for a select group of portfolios between investors, trustees and Homeward Residential.
• Managed, prepared and distributed monthly remittance and reconciliation files.
• Ensured payments made to Homeward were applied correctly and submitted to the investor on time per the guidelines outlined in servicing contracts.
• Audited investor reporting wire transfers and monthly investor remittances to ensure that they were reported accurately and in accordance with the respective servicing agreement timelines.
• Conducted internal audits to ensure all reporting practices were in compliance while ensuring adherence to regulatory, investor, and company rules, regulations, and guidelines.
• Worked closely with the Treasury department to complete the monthly Investor Remittance Wire process for 500+ investors as well as Corporate Accounting to complete the Custodial P&I to General Ledger Account.

Mclean, VA, US

• Responsible for auditing corporate and property-level analyses to determine a hotel’s profitability while participating with Internet distribution channels (e.g. Expedia, Hotels.com, Travelocity, Orbitz and Travelweb).
• Conducted Content Audits to enhance the overall website experience of Hilton Worldwide on Brand.com and various OTAs.
• Acted as an account liaison between hotels, Internet distribution channels and Hilton Worldwide.
• Managed recommendations of revenue production for hotels regarding participation with Internet distribution channels.
• Gathered, analyzed and distributed weekly and monthly booking production reports which identified availability, booking and rate trends for hotels participating with online programs.
• Advised hotels on revenue improvement strategies in order to increase bookings, profitability and Brand marketing.

US

• Managed the foreclosure and bankruptcy payoff division.
• Completed default (foreclosure, bankruptcy and REO) cash payoff applications and followed-up with title companies, vendors and attorneys for payoff shortages and required payoff documentation as needed.
• Audited and reconciled default accounts with payoffs pending daily.
• Maintained complete records of financial transactions concerning default loan payoffs that included debtors schedules, plans/ intentions and foreclosure sale dates.
• Acted as liaison for escalated payoff related issues for borrowers, third parties and vendor partners which ensured compliance with all Investor policies as well as legislative/regulatory requirements for handling.
• Knowledgeable of foreclosure and bankruptcy laws to ensure that fees and costs were handled appropriately according to each state’s laws, timelines and accounting practices.