Branch Chief, Asset Management
Current• Oversee the management of over $24 billion in loan assets, and over $2 billion in awarded contracts.• Overseeing the successful seizure and onboarding of Ginnie Mae’s largest reverse mortgage portfolio of over $21 billion in UPB. This included normalizing and reconciling a portfolio of over 115 thousand borrowers and over 5.4 million participations.• Key advisor to the executive subcommittee for Ginnie Mae’s reverse mortgage (HMBS/HECM) exposure and industry outreach to Federal agencies and Issuer base. This includes being a key advisor to the HMBS Policy Initiative workgroup to make recommendations and update Ginnie Mae’s policy posture for the program.• Key advisor to the Ginnie Mae Transaction Management team to create additional opportunities for Ginnie Mae to securitize, market and/or sell assets to the marketplace. This includes developing Ginnie’s infrastructure, data requirements, policies, strategies, advisory services, and governance.• Review and approve cost-benefit analysis to maximize return on advances, mitigate losses due to repurchase demands and curtailments, with a focus of maximizing value of portfolios in the event of a security or portfolio of loans.• Divisional SME to the Memorandums of Understanding (MOU) development process with key agencies, such as the FDIC, NCAU and Treasury departments.• Manage relationships with contract relationship managers and company executives to ensure compliance with contractual obligations, financial controls and operational effectiveness.• Advise staff on servicing practices, agency requirements, legal opinions, policy conflicts and contract administrative objectives, such as budgetary funding requests, contract development and vendor management.• Developed division governance, procedure and governance documents.
