Michael Ferrera

Michael Ferrera Email and Phone Number

Director Vendor Managment @ Newrez @ Newrez LLC
fort washington, pennsylvania, united states
Michael Ferrera's Location
Dallas, Texas, United States, United States
Michael Ferrera's Contact Details

Michael Ferrera work email

Michael Ferrera personal email

n/a
About Michael Ferrera

As the Director of Wealth Management Operations - Servicer Oversight at Morgan Stanley, I oversee and monitor the performance of mortgage servicing vendors, ensuring compliance with service level agreements, regulatory requirements, and investor expectations. I have more than 20 years of experience in the financial services sector, spanning across the auto and mortgage industries, and I hold MSP/Director and Third-Party Vendor Management credentials.My core competencies include servicing and investor relations, business strategy and operations, leadership and management, problem-solving, and adaptability. I have successfully handled complex and high-volume business operations, driving revenue growth and operational efficiency. I have also trained, managed, and mentored teams, fostering a collaborative and motivated work culture. I thrive in fast-paced environments, where I can leverage my creativity and flexibility to find innovative solutions and manage change effectively. My mission is to deliver results that meet and exceed organizational objectives while maintaining high standards of leadership and professionalism.

Michael Ferrera's Current Company Details
Newrez LLC

Newrez Llc

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Director Vendor Managment @ Newrez
fort washington, pennsylvania, united states
Website:
newrez.com
Employees:
1206
Michael Ferrera Work Experience Details
  • Newrez Llc
    Director Vendor Management
    Newrez Llc Dec 2023 - Present
    Coppell, Texas, United States
    Manage company vendor scorecard processes. Meet with leaders from all lines of business to review Service Level Agreements (SLAs) and implementation into contracts. Partner with key business representatives to create and deploy scorecards via Excel and Visuant. Work with stakeholders to monitor vendor performance and execute performance improvement plans where necessary. Create and maintain reporting to ensure internal audit compliance.
  • Morgan Stanley
    Director Wealth Management Operations - Servicer Oversight
    Morgan Stanley Jan 2017 - Jul 2023
    Coppell, Texas
    Monitor established mortgage servicing service level agreements, including producing monthly scorecards to track vendor performance. Review servicing complaints to assess whether addressed appropriately by the vendor based on established vendor processes. Perform assessments (testing) related to key functions/areas within servicing, including Loan Administration (cash management, escrow administration, etc.), Default Management (Collections, Loss Mitigation, etc.), and Investor Accounting. Provide reporting to management based on the results of assessments performed. Manage servicing issues identified by business assessments, in addition to issues identified by business partners (Operational Risk, Compliance, Credit/QC). Work with internal business partners to address loan level/escalated issues, as needed. Participate in calls with business partners and vendors and prepare reporting as required based on information gathered on calls. Oversee the accuracy and timeliness of all required vendor reporting, in addition to ensuring that reports are maintained within SharePoint site. Participate in ad hoc projects as needed and assist management with requests related to servicing oversight.
  • Nationstar Mortgage
    Assistant Vice President - Default Servicing. - Special Servicing
    Nationstar Mortgage Feb 2010 - Dec 2016
  • Jpmorgan Chase
    Loss Mitigation Supervisor
    Jpmorgan Chase Sep 2006 - Jan 2010
  • Green Tree Servicing
    Collections Specialist
    Green Tree Servicing Oct 2002 - Aug 2006
  • Capital One
    Auto Finance
    Capital One Jun 1999 - Sep 2003

Michael Ferrera Skills

Credit Finance Loans Portfolio Management Mortgage Lending Mortgage Banking Credit Analysis Financial Analysis Banking Loss Mitigation Mortgage Servicing Loan Origination Credit Risk

Michael Ferrera Education Details

  • Hillsborough Community College
    Hillsborough Community College
  • Florida State University
    Florida State University

Frequently Asked Questions about Michael Ferrera

What company does Michael Ferrera work for?

Michael Ferrera works for Newrez Llc

What is Michael Ferrera's role at the current company?

Michael Ferrera's current role is Director Vendor Managment @ Newrez.

What is Michael Ferrera's email address?

Michael Ferrera's email address is mi****@****ley.com

What schools did Michael Ferrera attend?

Michael Ferrera attended Hillsborough Community College, Florida State University.

What skills is Michael Ferrera known for?

Michael Ferrera has skills like Credit, Finance, Loans, Portfolio Management, Mortgage Lending, Mortgage Banking, Credit Analysis, Financial Analysis, Banking, Loss Mitigation, Mortgage Servicing, Loan Origination.

Who are Michael Ferrera's colleagues?

Michael Ferrera's colleagues are Gabriel Garcia, M.b.a., Kaitlyn Shaw, Ellie He, Michael Darnall, Greg Suing, Shana Marx, Kevin Weiss.

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