Michael Olson

Michael Olson Email and Phone Number

International Mortgage Lender | Real Estate Investor | Advisor @ Second Street
Michael Olson's Location
Greater Chicago Area, United States, United States
Michael Olson's Contact Details

Michael Olson personal email

n/a

Michael Olson phone numbers

About Michael Olson

I am an experienced financial services professional with a robust background in credit risk management and regulatory compliance. Most recently, I served as the Director of Operations at Homeward, where I oversaw the collateral, quality control, disclosures, processing, and closing departments at various stages. As one of the early hires in the mortgage division, I played a key role in transforming emerging functions into fully operational departments. I collaborated closely with product and engineering teams to enhance workflows by improving the loan origination and customer relationship management platforms, and I successfully developed talent within the organization.Before my role at Homeward, I held several senior underwriting positions with a primary focus on Non-Agency and Portfolio Loans, as well as experience in the private credit space. Additionally, I served as a Manager in the Risk and Compliance practice at Protiviti, specializing in regulatory compliance and credit risk matters within the financial services sector. I am passionate about leveraging my expertise to drive operational excellence and compliance in a dynamic environment.Competencies: Data-Driven Decision Making, Project Management, Wholesale Lending, Risk Management, Credit Analysis, Loan Structuring, Portfolio Review, Regulatory Compliance, and Mortgage Underwriting

Michael Olson's Current Company Details
Second Street

Second Street

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International Mortgage Lender | Real Estate Investor | Advisor
Michael Olson Work Experience Details
  • Second Street
    Sr. Underwriter
    Second Street Nov 2024 - Present
    Sr. Underwriter for one of the first institutionally-backed, non-bank lenders to provide international mortgage financing.
  • Proxypics, Inc
    Advisor
    Proxypics, Inc Jan 2022 - Present
    Chicago, Il, Us
    ProxyPics, LLC is a patented technology company designed to collect real-time property insights, on demand.
  • Homeward
    Director Of Operations
    Homeward Dec 2022 - Oct 2024
    Austin, Tx, Us
    At Homeward, I was the Director of Operations, where I led the development of critical functions within the mortgage organization.- Built and enhanced the Quality Control (QC) function, disclosures desk, and collateral desk, ensuring robust compliance and operational efficiency.- Successfully managed the closing and processing departments during periods of reorganization, stepping in after leadership changes due to reductions in force (RIF).- Mentored and developed team members, facilitating promotions to roles beyond my direct teams, fostering career growth and talent retention.- Maintained a strong on-time closing percentage and contributed to improving Net Promoter Score (NPS) during challenging periods.- Collaborated closely with Mortgage Technology and product teams to enhance and expand the Loan Origination System (LOS) and Customer Relationship Management (CRM) platforms.
  • Homeward
    Sr. Credit Officer
    Homeward Dec 2020 - Dec 2022
    Austin, Tx, Us
  • First Guaranty Mortgage Corporation®
    Sr. Non-Qm Underwriter
    First Guaranty Mortgage Corporation® Oct 2020 - Dec 2020
    Plano, Texas, Us
    Sr. Non-QM Underwriter responsible for underwriting complex non-QM loans, including bank statement loans, DSCR loans, asset-depletion loans, etc.
  • Wells Fargo
    Sr. Non-Conforming Underwriter 4
    Wells Fargo Dec 2019 - Oct 2020
    San Francisco, California, Us
  • Van Drunen Farms
    Supply Chain Manager
    Van Drunen Farms Oct 2018 - Dec 2019
    Momence, Il, Us
  • Van Drunen Farms
    Product Line Analyst
    Van Drunen Farms Jan 2017 - Oct 2018
    Momence, Il, Us
  • Wells Fargo
    Consumer Loan Underwriter 3 (Nmls # 1530478)
    Wells Fargo Jan 2016 - Jan 2017
    San Francisco, California, Us
    Underwriter performing risk analysis within the non-conforming mortgage lending division.
  • Protiviti
    Manager
    Protiviti Jun 2015 - Jan 2016
    Menlo Park, California, Us
    Manager within the Risk and Compliance practice at Protiviti. - Led a team in performing a mortgage loan review for a Top 25 Bank in order to identify instances of regulatory non-compliance that may have resulted from system customization and/or inadvertent revisions to system logic. - Assisted in the development of a mortgage look-back process and work stream to assist in assessing compliance for over 7,000 originated loans at a national financial services organization.- Assisted with the implementation of a new loan origination system for a major bank. - Performed an audit of the Credit Risk Management function of a Global Financial Institution, focusing on ensuring compliance with the OCC's Heightened Standards legislation in preparation for a regulatory exam.
  • Protiviti
    Senior Consultant
    Protiviti Jun 2014 - Jun 2015
    Menlo Park, California, Us
  • Bmo Wealth Management - U.S.
    Private Bank Credit Underwriter
    Bmo Wealth Management - U.S. Nov 2013 - Jun 2014
    Chicago, Illinois, Us
    Private Bank Credit Underwriter where I underwrote various credit requests for HNW, UHNW, and family office clients.
  • Jpmorgan Chase
    Senior Underwriter
    Jpmorgan Chase Apr 2012 - Nov 2013
    New York, Ny, Us
  • Provident Funding Associates L.P.
    Correspondent Loan Analyst
    Provident Funding Associates L.P. Sep 2011 - Apr 2012
    Santa Rosa, California, Us
  • Lendervend Appraisal Zone
    Collateral Analyst
    Lendervend Appraisal Zone Jun 2010 - Sep 2011
    Us
    Assisted in the build-out and development of LenderVend Appraisal Zone, taking it from a small AMC fulfilling orders for a primary lender, to a national AMC fulfilling thousands of orders.
  • Provident Funding Associates L.P.
    Mortgage Underwriter
    Provident Funding Associates L.P. May 2009 - Jun 2010
    Santa Rosa, California, Us

Michael Olson Skills

Credit Analysis Mortgage Lending Mortgage Banking Underwriting Mortgage Underwriting Credit Risk Risk Management Residential Mortgages Real Estate Lending Real Estate Wholesale Lending Loan Structuring Correspondent Banking

Michael Olson Education Details

  • Olivet Nazarene University
    Olivet Nazarene University
    Economics
  • University Of Illinois Urbana-Champaign
    University Of Illinois Urbana-Champaign
    Economics
  • Bloom Township High School
    Bloom Township High School
    High School Diploma

Frequently Asked Questions about Michael Olson

What company does Michael Olson work for?

Michael Olson works for Second Street

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

Michael Olson's current role is International Mortgage Lender | Real Estate Investor | Advisor.

What is Michael Olson's email address?

Michael Olson's email address is mi****@****iti.com

What is Michael Olson's direct phone number?

Michael Olson's direct phone number is 170866*****

What schools did Michael Olson attend?

Michael Olson attended Olivet Nazarene University, University Of Illinois Urbana-Champaign, Bloom Township High School.

What skills is Michael Olson known for?

Michael Olson has skills like Credit Analysis, Mortgage Lending, Mortgage Banking, Underwriting, Mortgage Underwriting, Credit Risk, Risk Management, Residential Mortgages, Real Estate Lending, Real Estate, Wholesale Lending, Loan Structuring.

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