Jake Silvey Email & Phone Number

• Took RoundPoint from a best efforts to a mandatory shop inside 6 months
• Wrote the mortgage hedging policies and procedures
• Streamlined all department reporting and sent them daily to Executives as well as parent company, Freedom Mortgage o Financials, intraday position, MTM, settlements, margin, pull-through, margin interest management, etc.
• Set up RoundPoint with mandated hedge advisor, CompassPoint
• Actively managed the mandatory pipeline and initiated all TBA trades to ensure proper hedge ratios daily
• Managed and lead Capital Markets Department personnel

Oversee mortgage pipeline hedging, risk philosophy and mandatory execution- Currently managing 8 pipelines from 8 different mortgage lenders- Hedging and maximizing revenue on $250-300M in monthly closingsStreamline the company with proprietary reports and workbooks- Built all reports in Microsoft Excel required to manage pipelines. This includes: Hedge.

Miami/Fort Lauderdale Area

- Continued to manage pipeline in the following role as their hedge advisor.- Brought TBA hedging and mandatory loans sales in-house- Increased execution over previously used hedge advisor- Increased mandatory execution by another 5.2 bps- Never had a negative month- Streamlined the company with proprietary reports and workbooks

Manasquan, NJ

- Built company’s hedge report and manage the pipeline daily- Managed and led the bank through the entire approval process with Fannie Mae- Increased the residential department gain on sale 34% by switching to a best execution strategy- Increased efficiency and accuracy as well as streamlined all major Residential Department reports- Managed and negated.

Greater Atlanta Area

I was responsible for managing all of the in-house hedging of our loans ($250M - $500M pipeline). I traded TBA forwards with a number of different traders. I sold loans to all the GSE's. I built spreadsheets and formulas in Excel that helped Platinum Mortgage quintuple in growth, while maintaining the same work force. I built their rate sheet, pull-through.

Atlanta, GA

I graduated 1st out of 417 recruits in Paris Island, SC. I received Company Honor Grad achievement on April 2nd, 2008, for superior performance and leadership during Marine Corps boot camp.