Michael Mcgovern Email & Phone Number

Michael has over 25 years of experience in the mortgage industry. He began his career with the legendary investment bank Bear Stearns & Co. in the back office in 1997. He was quickly promoted and completed the Fixed Income Analyst Program while working in the mortgage department. Michael was assigned to the Financial Analytics and Structured Transactions group (F.A.S.T.). The group analyzed commercial and residential mortgages to group their cash flows together to create bonds. He participated in the structuring and issuance of billions of dollars in CMBS (commercial mortgage-backed securities) and MBS (mortgage-backed securities) deals during his time with Bear.As the mortgage business evolved, investment banks began to create their mortgage divisions, leading to Michael being recruited by Lehman Brothers. There, he helped develop and sell mortgage products directly to mortgage brokers and direct lenders. The goal was to create multiple sources of mortgages to securitize and create mortgage-backed bonds while cutting out the middlemen and controlling the quality of the mortgages. Michael quickly became a leading producer and went on to work for Lehman affiliates and other small banks, developing products, building sales teams, and opening new territories. Michael was a top-producing sales manager originating over $1 billion in commercial and residential mortgages with his extensive list of client mortgage brokers and direct lenders.These years of experience allow Michael to analyze any lending scenario and structure a mortgage that will satisfy both the borrower and the lender. At CMC, our client is always our primary focus. But if a mortgage is structured to make it attractive to a private lender, a small portfolio bank, or an extensive international investment bank, our clients have more options. More options mean more opportunities for our clients. Michael has a degree in finance from Iona University. He is a certified commercial underwriter and processor and a member of the National Association of Mortgage Underwriters.

Listed skills include Banking, Financial Analysis, Finance, Investments, and 7 others.