Joshua Pyles Email & Phone Number

Troy, Michigan, United States

I am an experienced Credit Risk Manager with a proven track record in managing and revising overall credit risk policies. With a strong background in data analysis and risk management, I have successfully monitored our firm's asset portfolio for loan performance and concentration of high-risk asset classifications.As part of my role, I provide the firm with repurchase and indemnification defense for both legacy and current claims made on performing and non-performing assets sold to aggregators. I also enforce contractual terms with third-party originators in regard to loan level payoff and default expenses, ensuring compliance with regulatory requirements.Being a member of the Towne Mortgage Company Credit Committee, I actively contribute to the decision-making process and provide valuable insights on risk management strategies. Additionally, I manage a team of auditors responsible for quality assessment functions, ensuring compliance with Agency, State, and Federal regulations.In my role, I am also responsible for managing and assessing vendor relationships utilized by the Quality Control Department to assess the benefit provided. This allows us to continuously improve our risk management processes and ensure the highest standards of quality.Furthermore, I provide consultative services to other business units, leveraging my expertise in enterprise risk management to support their decision-making processes and mitigate potential risks.#EnterpriseRisk #DataAnalysis #Management #CreditRiskManagement #RiskMitigation #Compliance

Troy, Mi

As the Quality Control Manager at Towne Mortgage Company, I successfully managed the transition of outsourced quality control to in-house operations. This involved expanding the department from 1 full-time and 1 part-time employee to a team of 7 full-time and 1 part-time professionals. To enhance our efficiency, we also implemented a software vendor to streamline loan file audits.In my role, I diligently reviewed and updated all policies and procedures for the department. I also developed new Quality Control Plans for Post Funding, Pre Funding, and Servicing. Additionally, I handled various responsibilities such as managing agency file requests, defect notifications, defect remediation, and analysis and defense of repurchase and indemnification demands. I was also responsible for issuing repurchase, indemnification, EPO, EPD, and defect notices to clients, ensuring adherence to contractual obligations.My team played a crucial role in reviewing loans against agency and investor guidelines, ensuring compliance. We also meticulously audited each loan against state and federal regulations to ensure regulatory compliance. Throughout my tenure, we successfully underwent numerous state and agency exams, consistently demonstrating our proficiency in managing the quality control process.#QualityControl #AuditManagement #LoanCompliance #RegulatoryCompliance #ProcessEfficiency

Troy, Michigan

#Underwriting #CreditManagement #TeamLeadershipAs the Underwriting Supervisor at Towne Mortgage Company, I successfully managed a team of 8 residential mortgage loan underwriters, overseeing their responsibilities for agency product and non-QM product credit approvals. Our underwriting team played a crucial role in ensuring the accuracy and compliance of credit, security, and compliance packages within each loan file.With each team member handling a pipeline of 70-120 loans at any given time, I effectively supervised and supported their daily activities. Additionally, I personally managed a complex pipeline of 20-40 loan applications that required special handling and attention.My responsibilities as a supervisor encompassed various tasks, including escalation management, handling rush requests, providing comprehensive training to team members, and maintaining effective communication with both retail and wholesale business partners. I also played a pivotal role in reviewing adverse loan applications for potential alternative outlets, ensuring the best possible outcome for each client.Throughout my tenure, I consistently maintained a formal tone and upheld the highest standards of professionalism. My expertise in underwriting, credit management, and team leadership allowed me to effectively guide my team towards achieving outstanding results.

Troy, Mi

#Underwriting #Credit #MortgageAs a Mortgage Underwriter at Towne Mortgage Company, I successfully provided credit approval for residential mortgage loan applications, managing a personal pipeline of over 100 loans simultaneously. With a critical eye for detail, I meticulously reviewed the entire loan file from the time of submission through closing, ensuring compliance with industry regulations and company policies.Utilizing my expertise in underwriting, I assessed the creditworthiness of borrowers and evaluated their financial documents, including income verification, credit reports, and asset statements. By meticulously analyzing these factors, I effectively determined the risk associated with each loan application, enabling me to make informed decisions regarding loan approval.Throughout my tenure, I demonstrated proficiency in handling various loan programs, including conventional, FHA, USDA, VA, and specialty loan programs. This diverse experience allowed me to adapt to the unique requirements of each program, ensuring accurate assessments and timely loan approvals.By collaborating closely with loan officers, processors, and other stakeholders, I maintained effective communication channels, facilitating the smooth flow of information and ensuring a seamless loan processing experience for clients.

Troy, Michigan, United States

#Mortgage #Lending #ProjectManagementI began my journey at Towne Mortgage Company as a TPO intake employee, where I gained valuable insights into the mortgage industry. Through my dedication and hard work, I quickly progressed into a role where I had the privilege of working directly with the CEO on various background projects for the company.In this capacity, I had the opportunity to delve into different aspects of the business, including secondary markets, servicing, accounting, forecasting, database administration, and M&A transitions. By collaborating with cross-functional teams, I played a critical role in ensuring the successful execution of these projects.With a keen eye for detail and a passion for project management, I meticulously coordinated and monitored each initiative from start to finish. By leveraging my expertise in project management, I effectively contributed to the company's growth and success.

Produced quality control models and systems for automotive suppliers.

Bachelor'S Degree, Economics

Activities and Societies: MSU Student Investment Association MSU Finance Association-2008 thesis analyzing US oil consumption.

Ba, Business Management

Transferred to Michigan State University after 2 semesters.