Linwood Parson Iii

Linwood Parson Iii Email and Phone Number

Linwood Parson Iii's Location
Fort Lauderdale, Florida, United States, United States
Linwood Parson Iii's Contact Details

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About Linwood Parson Iii

My professional expertise resides in being a strategic leader with extensive experience in financial leadership, operations management, defaulted assets and sub-servicing including collections, loss mitigation, foreclosure, bankruptcy, repossession processes. As an executive, my responsibility is to contribute to the financial success of organizations, but to also build best-in-class teams fulfill organizational vision, mission, and goals.I have a passion for people and developing high-performing teams, achieving and exceeding assigned goals, and being a leader in my profession. I drive sales and profitability, manage high-performing teams, and build authentic connections with stakeholders and customers. I am viewed as a leader in the default industry. I’ve managed multi-million dollar units, opened new lines of business, have been consistently recognized as a top performer, and been instrumental in turning around failing businesses.My leadership strengths reside in communication, collaboration, and stakeholder engagement. These expertly support my functional expertise and have afforded me continued success in previous roles. ✺✺ Core Competencies✺✺✓ Portfolio Management✓ Risk Management✓ Collections✓ Developing Performance-Driven Teams✓ Repossession✓ Default Servicing✓ Client Relationship Management✓ Operational Risk✓ Loss Mitigation✓ Auditing & Quality Assurance✓ Mortgage Servicing✓ Process Improvement✓ Executive Collaboration

Linwood Parson Iii's Current Company Details
1st Global Capital - Collateral Division

1St Global Capital - Collateral Division

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Default Executive
Linwood Parson Iii Work Experience Details
  • 1St Global Capital - Collateral Division
    Legal Recovery Strategist (Consultant)
    1St Global Capital - Collateral Division Dec 2018 - Present
    Hallandale Beach, Florida, Us
    Hired to consult on "Best" practices to help sustain the company's recovery income while under chapter 11 bankruptcy until closure. Review merchant cash advance accounts and design a legal recovery strategy and feasibility.
  • Fisdata
    Vp Business Development (Consultant)
    Fisdata Oct 2017 - Dec 2018
    Created strategies based on analytics, designed workflows, and led implementation that maximized collections, reduced risk, and mitigated losses.Key Accomplishment: Partnered with companies to develop leads for sales and retention that resulted in an increase of business by 40%.
  • Summit Financial Corp.
    Director Of Collections
    Summit Financial Corp. Nov 2014 - Sep 2017
    Managed the day-to-day call center operations and primary collection efforts of a $121M portfolio of direct and indirect sub-prime auto loans. Led management of the department including goal setting, staff management, and participation in the Senior Leadership team. Key Accomplishment: Lowered both gross and net delinquency percentages 7 months consecutively.
  • Wells Fargo
    Asst. Vice President, Client Service (Audit)
    Wells Fargo Jul 2013 - Nov 2014
    San Francisco, California, Us
    Led the Quality Assurance Auditing team – inclusive of hiring, managing, and training – who were responsible for reviewing and testing attorney firm default processes and SLA’s based on OCC and Wells Fargo’s requirements. Analyzed and presented audit findings, recommended controls, and business practice improvements to both clients and senior management responsible for Residential Asset Management Program.Key Accomplishment: Developed procedures and training materials to assure compliance with government regulations and to maximize efficiency and customer service.
  • Capital One, N.A.
    Avp Sub-Servicing (Audit)
    Capital One, N.A. Jul 2009 - Nov 2012
    Mclean, Va, Us
    AVP for start-up of the new Home Loans Services Group by transfer of the loss mitigation process from Chevy Chase Bank. Led policy and procedures development for Loss Mitigation department (Short Sales, Loan Modifications, DIL). Built the governance and compliance processes for Capital One’s default sub-servicing (TPM) for collections, loss mitigation, foreclosure, bankruptcy, and REO processes.Key Accomplishment: Created an audit team, department mission, and goals, reporting suite and monitoring/surveillance tools from scratch.
  • Bay Federal Credit Union
    Default Asset Operations Manager
    Bay Federal Credit Union Jan 2008 - May 2009
    Ca, 95010, Us
    Hired to manage and rebuild day-to-day call center operations and primary collection efforts of a $600 Million Dollar portfolio of direct and indirect auto loans, bankcards, and 1st and 2nd mortgage productsKey Accomplishment: Lowered delinquency from 2.25% to .75% in 3 months without increasing losses.
  • Truwest Credit Union
    Director Of Collections And Call Center Operations
    Truwest Credit Union Jul 2006 - Jan 2008
    Tempe, Arizona, Us
    Managed the day-to-day call center operations focused on collections, repossessions, remarketing, bankruptcy and foreclosure processes. Developed daily, weekly and monthly reports on current delinquency status of collateral within the portfolio as well as anticipated losses.Key Accomplishment: Lowered delinquency and loan loss by .24% over the previous year.Key Accomplishment: Re-engineered the Repossession and Remarketing process, increasing collateral value at auction.
  • Archer Ventures Llc
    Vice President, Portfolio Brokerage Services
    Archer Ventures Llc Sep 2003 - Jun 2006
    Consulted with clients in order to identify the best target portfolios & analyze their strengths and weaknesses for loan sale customers. Partnered and collaborated with Fortune 500 banks, credit unions, and 3rd party collection agencies on default asset process improvement, asset liquidation, and pricing strategies.Key Accomplishment: Increased client portfolio sales by 45%
  • Compass Bank
    Vice President Of Collections & Recovery Operations
    Compass Bank Jul 2000 - Aug 2003
    Managed multi-site subprime automobile default operations in Birmingham, AL & Tucson, AZ. Developed a loss mitigation process for Real Estate Collections and Foreclosure departments. Created a desktop equity analysis program for Collections, Real Estate, and Bankruptcy departments.Key Accomplishment: Led initiatives that decreased sub-prime automotive delinquency from 3.86% to .94% within 6 months.Key Accomplishment: Increased total monthly Recoveries by 120% monthly, within 1 year without increasing staffing levels.
  • Contimortgage
    Division Manager
    Contimortgage Dec 1997 - Jul 2000
    Led department comprised of 150 full-time employees comprised of the Predictive Dialing Team (Inbound/Outbound) and Early Payment Default teams. Also led 3rd party collection agency and vendor management efforts and ensured timeliness service levels are achieved through appropriate staffing levels.Key Accomplishment: Managed a $1.4B portfolio.Key Accomplishment: Built from the ground up a predictive dialer team (inbound/outbound) that slashed outsourcing costs by 65%.Key Accomplishment: Developed and implemented an Early Payment Default (EPD) unit. 1st and 2nd Mortgages for the 1st 90 days are handled and reviewed for new loan information correctness and seller compliance.

Linwood Parson Iii Skills

Loss Mitigation Mortgage Lending Credit Banking Portfolio Management Loans Leadership Risk Management Loan Servicing Default Consumer Lending Mortgage Banking Team Building Management Commercial Lending Project Management Negotiation Process Improvement Mortgage Servicing Loan Modifications Analysis Loan Origination Foreclosures Executive Management Finance Bankruptcy Vendor Management Financial Services Underwriting Client Relations Skills Reo Six Sigma Financial Analysis Residential Mortgages Fha Financial Risk Retail Banking Credit Risk Mortgage Underwriting Cross Selling Lines Of Credit Refinance Small Business Lending Commercial Banking Lean Six Sigma Default Management Portfolio Sales Credit Cards Call Centers Credit Analysis

Linwood Parson Iii Education Details

  • Eastern New Mexico University
    Eastern New Mexico University
    Business Administration

Frequently Asked Questions about Linwood Parson Iii

What company does Linwood Parson Iii work for?

Linwood Parson Iii works for 1st Global Capital - Collateral Division

What is Linwood Parson Iii's role at the current company?

Linwood Parson Iii's current role is Default Executive.

What is Linwood Parson Iii's email address?

Linwood Parson Iii's email address is fi****@****aol.com

What is Linwood Parson Iii's direct phone number?

Linwood Parson Iii's direct phone number is +152029*****

What schools did Linwood Parson Iii attend?

Linwood Parson Iii attended Eastern New Mexico University.

What are some of Linwood Parson Iii's interests?

Linwood Parson Iii has interest in Economic Empowerment, Civil Rights And Social Action, Education, Animal Welfare, Arts And Culture.

What skills is Linwood Parson Iii known for?

Linwood Parson Iii has skills like Loss Mitigation, Mortgage Lending, Credit, Banking, Portfolio Management, Loans, Leadership, Risk Management, Loan Servicing, Default, Consumer Lending, Mortgage Banking.

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