Jeffrey P. Lerer Email & Phone Number

New York City, New York

Remote consulting for international primary research firm. My insights guide investors toward smart use of their funds in the financial, technology and manufacturing industries. Acting as a resource for the global investment fund community.Provide plans and strategies on global industry trends for the financial, legal and regulatory compliance, macroeconomics, Washington Policy, manufacturing, and construction fields.

San Ramon, California

Running a Wholesale and Retail Mortgage Brokerage and Banking firm.Exceeded projected annual profits by 20% to 30% for seven years running.Originated both conventional and jumbo, single family owner and non-owner occupied properties. Originated construction, construction take-out, and commercial property financing. Helped clients secure all types of residential real estate loans by using my in-depth understanding of California State and Federal real estate lending standards which includes a strong base knowledge of all the following Regulations: E, B, BB, O, Z, CRA, ECOA, HMDA, RESPA, TILA, GRAMM-LEACH-BLILEY ACT, FDCPA, and Flood Insurance Certification.Selected Accomplishments:●Apply a detailed understanding of established guidelines, Fair Lending and all other regulatory requirements when evaluating loan attributes while utilizing prudent underwriting judgment and experience.●Experience with manual residential mortgage underwriting techniques beyond reliance on automated underwriting systems and a firm understanding of loan program guidelines.●Communicate decisions that most effectively mitigate credit risks, including data integrity and validity of information submitted.●Analyze the customers overall financial status to determine an approval of the loan while still adhering to applicable mortgage laws and compliance.●Identify transaction components that indicate a potential for fraud. Perform sufficient investigative work to resolve issues that are identified.●Effectively cultivate VIP relationships to expand market share and boost revenue through data conversion.Services Provided: ● Market Risk Analysis ● Risk Management & Oversight ● Financial & Contract Negotiations ● Motivational Team Leadership ● Budget Management ● Strategic Policy Planning/Execution ● Loan Origination & Documentation ● Proactive Marketing Strategies ● Business-to-Business (B2B) Sales ● Loan & Project Delivery Analysis

Concord, California

Contracted via Adecco for Bank of America’s (GSE Staff). Analyze complex mortgage insurance claim denials. Respond to claims for breach of Representations and/or Warranties of Bank’s Residential Mortgage Contracts, Counter Parties, GSE’s and other Governmental Entities that can include Private, Bonded, and Mortgage Insured Investors that asserted claims against the Bank. Assess the credibility and accuracy of all evidence provided in support of (R&W Claims). Provide written appeals where allegations do not meet the requirements for breach of contract. Analyze post origination documentation. Perform Forensic database research to obtain information needed to analyze the claim for possible fraud.Maintained a strict compliance with federal laws and corporate policy through continuing education and training. Full list of recently required training courses taken below: ● Fair Debt Collection Practices Act Course ● Claims General Overview Assessment Course ● Claims Training General Overview Course ● Claims Management Training - LRA II & III Course ● Representations & Warranties Reporting Unusual & Suspicious Activities Course ● Fair Lending - Full Version Course

Concord, California

Contracted work for Bank of America via (Adecco) within a processing support specialist group. Helping the bank's Loss Mitigation Unit sort and take action on a large portfolio of loans that are in Default Status or Imminent Default Status.Processing and/or arranging mortgage modifications for (1st and 2nd liens). Determined from available metrics which procedures are most appropreate to enact; repayment plans, special forbearance, collecions by means of short sale, deed in lieu, or simply forclosure liquidation which ever are determind to be the most appropriate action. I responded to Customer Relations Managers (CRMs) and third-party inquiries when they requested documentation or analyses (according to established bank guidelines).Maintained a strict compliance with federal laws and corporate policy through continuing education and training. Full list of recently required training courses taken below:● Mortgage Fraud Prevention Overview Course● HAMP Introduction for Servicing Non-GSE Loans Course● Protection and Privacy Course● Anti-Money Laundering and Economic Sanctions Course● Consumer Compliant Handling Course● CSBB and HL&LAS Business Continuity Training Course● Fair Debt Collectionj Practices Act Course● Mortgage Fraud Red Flags Course● Fair Credit Reporting Act Course● Mortgage Fraud Prevention / Suspicious Documentation Course● Service Members Civil Relief Act Course● HUD Background Policy Acknowledgement for CA/OR/MN Act Course● FTC Order Acknowledgement Course● Process Support Core New Hire Curriculum Cumulative Course● Simultaneous Decision Assessment / HAMP & Non-HAMP Course● LAS Modification Assessment Course● LAS Intake Assessment Course● LAS System Assessment Course● LAS CRM Tool Assessment Course● LAS Pre-Call Routines Assessment Course

Pleasanton, California

#1 Revenue Producer for entire company out of 20 officers.Originated conventional and jumbo single family residential property mortgages.Originated construction, construction take-out financing, and income property financing.

Castro Valley / Danville, California

#1 revenue producer per client.Originated conventional and jumbo single family, commercial, and construction loans.Originated both VA and FHA conventional and jumbo government mortgage loans.

San Francisco / Clearlake, California

Originated and serviced residential construction loans.Implemented organizational management guidelines for the underwriting of loans, reviewed draw requests, watched for cost overrun problems on inspection reports for funds in LIP.Spearheaded critical risk avoidance protocol in accounting for projects, compiling backup documentation for troubled loans, draw requests and exception demands

San Mateo, California

Orchestrated a new division for handling only wholesale residential and construction lending. Originated construction and permanent take-out loans.Analyzed building specifications so developers dealt only with acceptable risks. Oversaw all preparation and recordation of loan documents for closing escrow, along with reports for budget, sales production, and market study.

San Mateo, California

Operated a federally acquisitioned savings & loan retail origination division. Implemented new organizational procedures within 18 offices throughout California.Managed 85 member sales team across 18 offices to enhance clients relationship needs.Managed all loan work-out totaling $410 million in REO construction lending.Satisfied all forward commitments for execution by Freddie Mac or other secondary markets.Handled the redevelopment of defaulted construction projects in order to expedite the purchase of a federally acquired savings & loan under receivership by new investors.Services Provided: ● Spearheaded initiative to recover Federal lending privileges for Bell, reporting to Resolution Trust Corporation (RTC), applying to Freddie Mac, and coordinating with congressional office in DC to restore lending approval; achieving objective within strict two-month turnaround and grew monthly revenue from $0 to $20M. ● Effectively managed satisfaction of forward commitments related to product execution and resale within secondary markets, ensuring lucrative revenue stream by establishing and meeting project deadlines. ● Assumed accountability for Real Estate Industry Group (REIG) Division, effectively leading poorly staffed organization to top-level profitability and outstanding quality through proper pro-active team due diligence. ● Recognized for achieving 300% greater levels of productivity than any predecessor.

San Francisco, California

Led my loan origination department in generating, $50M in monthly Single Family Residential (SFR) wholesale loan production. Earning acknowledgement identified as largest seller-servicing lender in the nation with strategic and tactical execution.Pioneered the launch and operation of a Construction Lending Division; later guided it to substantial profitability.Controlled all LIP accounts totaling $75 million monthly for operational capital.Appraiser #1 designation for construction loan origination department.Implemented construction loan operations, underwriting, booking loans onto network system.Orchestrated all construction inspections, and approved all funds disbursed as per schedule. Managed loan operations / production, credit underwriting, short and long term financing. Handled proposals for straight financing, participation mortgages & joint venture financing.Served as right hand to the Bank's President for special projects. Asked to come with the Bank’s President when requested by the Federal Home Loan Bank of San Francisco to assist the Resolution Trust Corporation (RTC), a newly established federal agency assigned specifically to turn around struggling lending organization under receivership by the FSLIC and FDIC federal insurance agencies.

Oakland / San Francisco, California

Played key role in the creation, launch and growth of the first-of-its-kind N.O.W. Service Center of new interest-bearing checking account products for emerging Federal Savings and Loan Associations.Service center became operational in less than six months, including remodeling of the existing structure and deployment of $10M in computer hardware and new construction.Created and coordinated operations and scheduling for post processing dispatch section. Made certain processed work was delivered daily to Savings and Loans as per contract guidelines. Supervised customer service teams in addressing and resolving customer issues. Handled trouble shooting and audited daily departmental problems effecting productivity. Evaluated and audited N.O.W. account activities. Sourced and retained contracted couriers to deliver completed work for Federal Savings and Loans across the 11th District (California, Arizona, Nevada).

Fremont, California

Administered Savings Operations, included auditing, homeowner association dues - collection/processing. New Accounts generated by branch office traffic. Conducted all daily computers balancing, bookkeeping, and accounting for main offices daily reports. Spearheaded promotional and marketing programs. Resolved customer concerns and issues as they accrued...

Fremont, California

Administered Savings Operations, to include auditing, homeowner association dues collection/processing. New account generation. Conducted branch bookkeeping, and accounting. Spearheaded promotional and marketing programs. Resolved customer concerns and issues.

Bachelor Of Science, Business Administration

Honor Graduate. Bachelor of Science, Business Administration. Minor: Rhetoric, Accounting. Congratulated in writing by the University.

Aa Certificate, Mortgage Banking

East Bay Hayward Division Honor Graduate in Mortgage Banking. Professional Curriculum: Mortgage Banking, Compliance Regulations.

Aa Degree, Business Management

Education record

Education record

Savings and Loan League.