Don Otto

Don Otto Email and Phone Number

Residential Real Estate Appraisal Officer @ Bank OZK
Plano, TX, US
Don Otto's Location
Plano, Texas, United States, United States
Don Otto's Contact Details

Don Otto personal email

n/a
About Don Otto

SINCE 1987, TRAINED AND WORKED AS A COMMERCIAL APPRAISER & COMMERCIAL REVIEW APPRAISER:• Worked under two different MAI firms, then worked at Momentum Bank N.A., as a Commercial Appraiser/Reviewer then transitioned to Bank One N.A.• Transitioned to the RTC side of the bank known as BONNET RESOURCES, to order & review commercial reports under Federal Guidelines for the foreclosure portfolio.• Worked for an original Commercial AMC company and at Citigroup. Appraised and/or reviewed an extensive range of all property types throughout the US.WORKED AS A RESIDENTIAL APPRAISER OR REVIEWER• Was a Regional Chief Appraiser for Foster Ousley Conley, then Chief Appraiser for Quality Assurance Review Co. Inc.• Worked a number of Contract Positions as well as time with Forsythe Appraisals.• From 2012-to-2015, worked for Fannie Mae (FNMA) – position, Reviewer for the Repurchase Group. Due to my significant experiences, I started at a higher position level for a Reviewer at FNMA. Specialties: Creating Appraisal Departments & Operations, Management, Appraisal Review (both Residential and/or Commercial), and Review of BPOs.

Don Otto's Current Company Details
Bank OZK

Bank Ozk

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Residential Real Estate Appraisal Officer
Plano, TX, US
Don Otto Work Experience Details
  • Bank Ozk
    Residential Real Estate Appraisal Officer
    Bank Ozk
    Plano, Tx, Us
  • Benchmark Mortgage (Nmls #2143)
    Staff Review Appraiser
    Benchmark Mortgage (Nmls #2143) Sep 2023 - Oct 2023
    Plano, Tx, Us
    Company's Review Appraiser
  • First United Bank
    Mortgage Appraisal Review
    First United Bank Nov 2021 - Dec 2022
    Durant, Ok, Us
  • Guardian Mortgage
    Mortgage Appraisal Specialist
    Guardian Mortgage Mar 2018 - Feb 2022
    Plano, Texas, Us
    Review Appraiser for a subsidiary of Sunflower Bank.
  • Forsythe Appraisals, Llc
    Appraiser
    Forsythe Appraisals, Llc Mar 2015 - Aug 2016
    St. Paul,, Mn, Us
    Appraisals of detached or attached SFR properties, 2-4 unit single family properties, Condominiums, rural residential properties, and/or multi-family properties.
  • Fannie Mae
    Review Appraiser
    Fannie Mae Jun 2012 - Feb 2015
    Washington, District Of Columbia, Us
    Review appraiser for Fannie Mae at their National Underwriter Center (NUC) working with the Centralized Repurchasing Team (CRT).
  • Springhouse, Llc
    Residential Analyst
    Springhouse, Llc Jan 2011 - Jun 2012
    Work from Plano, TX – Home Office, with US Corporate Offices in Atlanta, GA – to review valuation reports as assigned for in-house residential & commercial portfolios; as well as clients’ residential & commercial real estate portfolios.
  • Appraisal Services - National
    Independent Appraisal Contractor
    Appraisal Services - National Mar 2009 - Dec 2010
    Associated with national companies such as Altisource Valuation Advisors (now known as Springhouse, LLC - a division of Ocwen Financial Corporation), Litton Loan Servicing, Clear Capital, and ValueNet. Reviewed residential & commercial secondary and primary valuation products to update loan portfolios that were used to advise their mortgage and/or loan servicing clients. A significant number of these clients were Wall Street trade desks. Dealt with third party vendors on a daily basis, including real estate agents & brokers, as well as appraisers & loan officers regarding guideline requirements and/or issues when they arose.
  • Citigroup
    Collateral Risk Management (Crm) Review Appraiser
    Citigroup Sep 2007 - Feb 2009
    New York, New York, Us
    Review single family and 2-4 Unit residential appraisal reports under pre-fund, post close, re-purchase, and/or special projects as requested from all business channels within the Citi organization. Consulted Underwriting personnel on real estate matters and resolved complicated appraisal issues as presented. Presented Educating and Training classes to Underwriting personnel regarding real estate, appraisal guidelines, and/or appraisal procedures.
  • Option One Mortgage
    Senior Review Appraiser
    Option One Mortgage Jun 2003 - Jul 2007
    Us
    Responsible for production of appraisal procedures within assigned territory including Appraisal Reviews; Educating and Training of Branch personnel in regards to real estate and appraisal guidelines and/or procedures; Consulting Branch personnel on real estate and appraisal issues; and, Resolving appraisal issues as they arise. Was instrumental in getting approval for a significant number of additional MLS site accesses within the State of Texas which provided positive impact on acquiring additional customers and resolved a number of customer service issues.
  • Homefocus Valuation Services - A Subsidiary Of Bank Of America
    Appraiser
    Homefocus Valuation Services - A Subsidiary Of Bank Of America Jun 2002 - Jun 2003
    Position requirements include completing assigned appraisal reports from an off-site location, my residents, for Single Family and 2-4 Family residential properties. Also, completed other appraisal assignments as required, including but not limited to Desktop Evaluations and Appraisal Reviews.Worked with customers and internal personnel to resolve and/or provide explanations regarding any issues and/or questions which might arise within the appraisal process.From the beginning I was the Number One Producer for this region which included four other appraisers within the group. Monthly gross productions range from $20,000 to $27,000 per month, or roughly 70-to-100 appraisal reports per month.
  • Quality Assurance Review Company, Inc
    Chief Appraiser
    Quality Assurance Review Company, Inc Oct 1994 - Apr 2002
    One of the founders for a national appraisal management firm providing Appraisal Reviews; Limited Appraisal Reports; Appraiser Panel Management; Education and Training of client personnel to acquaint them with appraisal requirements and governmental guidelines; Providing consulting services on all real estate matters including buying, selling, and leasing of various types of properties.A short list of clients includes Countrywide, PMI, First Franklin, Bank of America, First Street.com, and Greenpoint.Turning a $4,000 investment into a $2,000,000 company that was sold as of April 2002.Instrumental in developing a WEB base order, tracking, and delivery system expanding our e-commerce business potential and raising revenues by $1,000,000.
  • Foster Ously Conley
    Regional Chief Appraiser
    Foster Ously Conley Sep 1993 - Oct 1994
    Managed and directed 4 In-house Appraisers and 8 Staff Personnel, along with 1,500 contracted Fee Appraisers throughout the nation. Oversaw the appraisal operations for a fifteen state area with gross revenues for this year at $5,000,000.
  • Haginas & Company
    Dallas Office Manager
    Haginas & Company Oct 1992 - Sep 1993
    Conducted site inspections to develop and organize market data on assigned properties; utilized the three approaches to value on properties ranging from vacant land to commercial, retail, industrial, office, and special use types.Consulted on national and regional levels, and extensive travel was required.Increased Client Base by 100%.
  • Bank One
    Review Appraiser
    Bank One Jan 1989 - Oct 1992
    Us
    Managed and directed local and national Appraisers on a contract basis to provide appraisal reports for properties ranging in value from $1,000-$65,000,000.Assisted in negotiations process to sell properties within the bank's portfolio.Influential in facilitating the development of a new appraisal department to work out a $4 Billion dollar portfolio.

Don Otto Skills

Real Estate Investment Properties Foreclosures Mortgage Lending Appraisals Fha Short Sales Single Family Homes Reo Mortgage Sellers Appraisal Residential Appraisers Loans Valuation Due Diligence Real Estate Investment Market Analysis Negotiation Customer Relations Investors Purchase Refinance Bankruptcy Conventional Land First Time Home Buyers Condos First Time Buyers Underwriting Property Management Relocation Investments Selling Home Credit Asset Management Real Estate Development Leases Banking Luxury New Home Sales Brokerage Financial Analysis Insurance Feasibility Studies Risk Management Compliance Realty

Don Otto Education Details

  • Texas A&M University
    Texas A&M University
    Agriculture Economics
  • Texas A&M University
    Texas A&M University
    Major: Farm & Ranch Managment; Minor: Land Economics (Real Estate)

Frequently Asked Questions about Don Otto

What company does Don Otto work for?

Don Otto works for Bank Ozk

What is Don Otto's role at the current company?

Don Otto's current role is Residential Real Estate Appraisal Officer.

What is Don Otto's email address?

Don Otto's email address is ot****@****zon.net

What schools did Don Otto attend?

Don Otto attended Texas A&m University, Texas A&m University.

What skills is Don Otto known for?

Don Otto has skills like Real Estate, Investment Properties, Foreclosures, Mortgage Lending, Appraisals, Fha, Short Sales, Single Family Homes, Reo, Mortgage, Sellers, Appraisal.

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