Lorie Brindle Email & Phone Number

New York, United States

Depew, New York

Director, Team Lead Portfolio Manager, Feb 2021 - CurrentLead, mentor and motivate team of six relationship managers providing premier level service to Borrowers holding $100 MM in multifamily mortgage loans.Monitor quality and performance of team's assigned multifamily loan portfolios including the following: adherence to agency (Freddie Mac, Fannie Mae, GNMA) guidelines, financial analysis of quarterly operating statements, market research, property inspections and Borrower requests.Identify areas of risk and evaluate long term viability of loans.Work closely with leadership to strategically affect direction of operations.Train less experienced relationship managers in complex procedures.

Depew, New York

Monitored quality and performance of assigned commercial loan portfolio, averaging 90 Fannie Mae loans.Responsible for timely satisfaction and compliance with Investor requirements.Conducted Market research and analysis.Loan document review and interpretation.Identified areas of risk and evaluated long term viability of loans.Completed quarterly financial analyses to evaluate projects performance and discussed with borrowers any substantial variances noted.Conducted physical property inspections, as required by investor to evaluate property condition, and follow up on any deferred maintenance observe.Presented recommendations to management, attorneys, and investors relative to various requests requiring consent.Requested and reviewed documentation relative to Replacement Reserves, Completion Repairs, Capital Improvements, and Re-stabilization Reserves to determine and recommend release of fundsRequested and reviewed documentation relative to any insurance losses, easements, partial releases, and change of collateral use to determine and recommend release of funds

Depew, Ny

Assisted with special projects such as creation of system reports to track receipt of investor required data from Borrower.Worked closely with Marketing Department to create Borrower Welcome Kits specific to Fannie Mae and Freddie Mac products.Trained new associates (approximately 6-10).Completed financial analysis of individual project operations, including FNMA, GNMA, FHLMC and senior housing projects.Reviewed and interpreted legal documentation to ensure accurate loan boarding into servicing platform.Borrower and Portfolio Manager support.

Depew, Ny

Assisted in the development and implementation of process improvement procedures.Managed, maintained and assisted in the disposition of REO properties.Coordinated evictions on occupied assets in REO portfolio.Identified trends within client (Investor) portfolios and presented recommendations toclients.Negotiated and accepted/denied offers on REO assets.Selected and managed Listing Agents on REO assets.Conferred directly with clients (Investors) in order to determine the best course of actionfor their portfolio.

Depew, Ny

Supervised team of 10-12 Residential Mortgage call center associates to ensure they appropriately communicated with customers to resolve questions and concerns.Ensured required metrics were adhered to.Assisted with special projects.Trained new employees.