Kelli Murray Email & Phone Number

Tampa/St. Petersburg, Florida Area

Tampa/St. Petersburg, Florida Area

Managed putback claims made to and by the company during the financial crisis. Reviewed loans and sale agreements, working with trading and legal departments.Developed strategy and operational procedures for new environment based on changing market conditions relating to mortgage putbacks.Successfully researched multiple business and compliance issues in a changing market to assist in the legal defense of multiple cases, and response to CFPB complaints.Acted as the point of contact for key counterparties for breach of contract claims and ensured a timely response to all communications and resolution of each issue.

Tampa/St. Petersburg, Florida Area

Managed the asset management group of 10-20 direct reports, including asset managers, data analysts, and other associates overseeing and managing mortgage pools and loan servicers. Risk management functions included data mining / analytics, monthly performance review / report and key driver identification, relationship building / change implementation with servicers.$100 billion mortgage back securities pools sustained by assembling strong, cohesive asset management team to mitigate portfolio risk and developing a deal-level summary as the basis for monthly face-to-face meetings with senior management and trading desk.Client focus to build strong working relationships with investors for questions/issues on MBS pools.Developed comprehensive policies and procedures for asset management group for overseeing loan and servicer risk, including Conventional, FHA, and Reverse HECM loans.Created and implemented a robust presentation to potential and existing investors into mortgage-backed security trusts, demonstrating the unique asset management services offered.Ensured compliance and accuracy of each pooling and service agreement for loans in a trust or mortgage backed security by comparing monthly performance results to default triggers and recalculating results.Hired a third-party auditor to perform an annual procedural and loan level audit on each key servicer, identifying key focus areas negotiating service contracts, reviewing results, and noting areas for further monitoring.Provided servicer oversight expertise to internal counsel to assist in negotiating servicing agreements, including development of service level indicators subjected to possible audit during the agreement term.Wrote script for asset management team to use for on-site review of potential servicing partners, including high-level review with senior management and detailed questions specific to residential servicing area and loan product.

Tampa/St. Petersburg, Florida Area

Managed individual loan portfolios with focus on adherence to Fannie Mae default timelines, and risk mitigation. Developed strong working relationship with Servicers managed.5% minimum loss severity reduction in defaulted, wholly owned mortgage loans consistently met by strictly managing timelines, expenses, and / or loss mitigation, including servicer oversight to ensure strict following of timelines and exploration of all loss mitigation options with the borrower prior to liquidation.Preparation and Quality Control review of all FHA, VA, and MI claims.Prepare charge back claim to Servicer for any loss of interest, or excessive servicing advances, due to servicer error.Provide bidding instructions to attorney for foreclosure sales, with necessary approvals obtained from investor.On-site review conducted with managed servicers, as well as due diligence of any new servicing partners.

Tampa/St. Petersburg, Florida Area