James Kim Email and Phone Number
Professional Experience: I've been working in the distressed asset industry for about a decade. My experience ranges from acquisitions to liquidations.
Hmc Assets
View- Website:
- hmcassets.com
- Employees:
- 11
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Trade CoordinatorHmc Assets Aug 2017 - PresentRedondo Beach, Ca• Handle purchase and sales from beginning to end for NPL and performing loan pools• Review collateral documents, credit files, property valuations and title searches for accuracy and completeness• Keep open line of communication between the buyer, seller and all loan servicers to ensure smooth and timely closings• Review Secondary Marketing pipeline, risk management policies, and exception reports to manage the mortgage pipeline, research and resolve issues• Maintain positive… Show more • Handle purchase and sales from beginning to end for NPL and performing loan pools• Review collateral documents, credit files, property valuations and title searches for accuracy and completeness• Keep open line of communication between the buyer, seller and all loan servicers to ensure smooth and timely closings• Review Secondary Marketing pipeline, risk management policies, and exception reports to manage the mortgage pipeline, research and resolve issues• Maintain positive and continuous investor relations to facilitate achieving best execution asset sales to maximize profitability• Conduct best execution analysis and optimization to maximize profitability• Analyze pull-through trends Show less -
Asset ManagerHmc Assets Apr 2015 - Aug 2017Redondo Beach, Ca• Assist in the due diligence and underwriting of potential acquisitions• Formulate strategies that drive operations and financial performance of the properties• Review, monitor and report on the properties' performance• Analyze market, economic, and capital trends and factors impacting the performance of the multifamily portfolio, prepare and deliver updates to investment principals/manager• Prepare and distribute investor reports; identify opportunities to improve quality and… Show more • Assist in the due diligence and underwriting of potential acquisitions• Formulate strategies that drive operations and financial performance of the properties• Review, monitor and report on the properties' performance• Analyze market, economic, and capital trends and factors impacting the performance of the multifamily portfolio, prepare and deliver updates to investment principals/manager• Prepare and distribute investor reports; identify opportunities to improve quality and content of such reports Show less -
Assistant Vice President, TradingGranite Loan Solutions Jul 2013 - Mar 2015Irvine, Ca• Maintains direct and open lines of communication with counter-parties as necessary to manage portfolio assets and relationships.• Portfolio monitoring, administration, and documentation. • Coordinating team-oriented reports from sales, modifications, available assets, analytics, and reporting to ensure up-to-date and accurate portfolio statuses.• Sourcing and interacting with all client types, from Hedge funds, to pension funds, community banks, global financial institutions… Show more • Maintains direct and open lines of communication with counter-parties as necessary to manage portfolio assets and relationships.• Portfolio monitoring, administration, and documentation. • Coordinating team-oriented reports from sales, modifications, available assets, analytics, and reporting to ensure up-to-date and accurate portfolio statuses.• Sourcing and interacting with all client types, from Hedge funds, to pension funds, community banks, global financial institutions, non-profit organizations, etc.• Prepares and maintains complete files and documentation on counter-parties, loans, and loan pools.• Operational and due-diligence support of transaction negotiations. • Evaluate and create policy and procedures for common loan trade practices.• Advise on the operational procedure and documentation requirements for set up of standing programs and long-term partnerships.• Execute day to day loan trades with investors in a bulk or one off manner. Show less
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Whole Loan Trader (Principal Buyer & Seller)Granite Loan Solutions May 2012 - Jul 2013Irvine, Ca• Execute day to day loan trades with investors• Utilizing and build strategic partnerships with our preferred clients, and also newly vetted clients who have not yet purchased pools from Granite. • Coordinating team-oriented reports from sales, modifications, available assets, analytics, and reporting to ensure up-to-date and accurate portfolio statuses.• Sourcing and interacting with all client types, from Hedge funds, to pension funds, community banks, global financial… Show more • Execute day to day loan trades with investors• Utilizing and build strategic partnerships with our preferred clients, and also newly vetted clients who have not yet purchased pools from Granite. • Coordinating team-oriented reports from sales, modifications, available assets, analytics, and reporting to ensure up-to-date and accurate portfolio statuses.• Sourcing and interacting with all client types, from Hedge funds, to pension funds, community banks, global financial institutions, non-profit organizations, etc.• Bringing and continuing to build my own personal database of clients to assist in the liquidation efforts of the current portfolio Show less
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Asset ManagerKondaur Capital Corporation Jul 2008 - May 2012Orange County, California Area• Manage a pipeline of distressed residential assets.• Maximize total return for each assigned asset while maintaining borrowers' best interest inmind.• Identify opportunities and variable resolutions on distressed assets.• Perform due diligence of real property collateral and establish asset value.• Negotiate sales with prospective buyers and conclude sales transactions.• Internal contact with other departments and externally with customers and… Show more • Manage a pipeline of distressed residential assets.• Maximize total return for each assigned asset while maintaining borrowers' best interest inmind.• Identify opportunities and variable resolutions on distressed assets.• Perform due diligence of real property collateral and establish asset value.• Negotiate sales with prospective buyers and conclude sales transactions.• Internal contact with other departments and externally with customers and serviceproviders.• Establishing and maintaining a means of communication with the borrowers associated withmy assigned pipeline (Either telephonically or in person field work).• Liquidate company assets via Short Sale, REO Sale, Hope for Homeowners Refinance,Reverse Mortgage, and Note Sale.• Review all REO assets for potential refurbishment, scope of work, and pricing.• Knowledge of Eviction, Foreclosure and Bankruptcy processes and terminology.• Keep in contact and positive relations with hundreds of Residential Note Investors. Show less -
Due Diligence UnderwriterMorgan Stanley May 2007 - Jun 2008Lake Forest, Ca• Reviewing and document files for completeness and accuracy within stated guidelinesprovided by client/lender as well as state and federal regulations.• Analyze credit documents to include mortgage applications, credit history, incomedocuments, title documents and appraisals.• Review and understand client/lender policies and procedures.• Identifying portfolio risks resulting from clients' underlying business practices, underwritingand/or fraud exposure.• Provide… Show more • Reviewing and document files for completeness and accuracy within stated guidelinesprovided by client/lender as well as state and federal regulations.• Analyze credit documents to include mortgage applications, credit history, incomedocuments, title documents and appraisals.• Review and understand client/lender policies and procedures.• Identifying portfolio risks resulting from clients' underlying business practices, underwritingand/or fraud exposure.• Provide support the decisions and knowledge of supervisors and colleagues by sharinginformation about the business unit, organization and the underwriting industry.• Take an active role in identifying potential challenges within the underwriting process and/or department and making recommendations for improvements.• Maintain knowledge of applicable underwriting guidelines by completing all trainingprograms and staying abreast of business unit policy and/or guidelines. Show less -
Loan CoordinatorAmc Mortgage Services Jan 2004 - May 2007Orange, Ca• Mitigated loss for the company by placing borrowers in repayment plans.• Created Forbearance plans for borrowers who were in default.• Created Loan Modification plans for borrowers who could not qualify for a Forbearanceplan.• Reviewed and pre-underwrite all forbearance and loan modification plans.• Processed refinances for borrowers in default.• Followed state specific guidelines on all refinances.• Requested payoff demands, opened title, pulled credit reports… Show more • Mitigated loss for the company by placing borrowers in repayment plans.• Created Forbearance plans for borrowers who were in default.• Created Loan Modification plans for borrowers who could not qualify for a Forbearanceplan.• Reviewed and pre-underwrite all forbearance and loan modification plans.• Processed refinances for borrowers in default.• Followed state specific guidelines on all refinances.• Requested payoff demands, opened title, pulled credit reports, and requested appraisals.• Resolved any title issues on the property.• Processed files for properties in bankruptcy, default, as well as legal issues. Show less
James Kim Skills
James Kim Education Details
Frequently Asked Questions about James Kim
What company does James Kim work for?
James Kim works for Hmc Assets
What is James Kim's role at the current company?
James Kim's current role is Asset Manager at HMC Assets.
What schools did James Kim attend?
James Kim attended California State University-Long Beach.
What are some of James Kim's interests?
James Kim has interest in Jet Skiing, Riding Quads, Wake Boarding, Riding Sand Rails, Being In The Sun.
What skills is James Kim known for?
James Kim has skills like Loans, Foreclosures, Reo, Portfolio Management, Investors, Investment Properties, Credit, Short Sales, Underwriting, Mortgage Lending, Loss Mitigation, Real Estate.
Who are James Kim's colleagues?
James Kim's colleagues are Dhanalakshmi Vinodkumar, Webster Chola.
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