Richard Hatheway Email & Phone Number

Chantilly, Virginia, United States

Responsible for lending credit risk and portfolio management for all products. Leads a team of analysts within the headquarters overseeing nation-wide lending.

Mclean, Virginia, United States

FREDDIE MAC, McLean, VA October 2010 – June 2022Risk Policy Manager, Enterprise Risk Management Division (2019 - 2022)Evaluated the development, design and implementation of tools, policies, and programs that identified and mitigated credit, operational and regulatory risks, managed risk exposure, and ensured best practices and compliance with regulations and policies.• Produced risk analyses for… Show more FREDDIE MAC, McLean, VA October 2010 – June 2022Risk Policy Manager, Enterprise Risk Management Division (2019 - 2022)Evaluated the development, design and implementation of tools, policies, and programs that identified and mitigated credit, operational and regulatory risks, managed risk exposure, and ensured best practices and compliance with regulations and policies.• Produced risk analyses for new and revised single-family mortgage credit, collateral and fraud policies and initiatives that resulted in identification and mitigation of risk characteristics, performance optimization and achievement of goals.• Wrote and communicated to senior management evaluations for new seller offerings and systems changes in dynamic housing markets and regulatory environments. Resulted in approvals of recommendations for improved efficiency and expanded product offerings.• Collaborated with audit, modeling, portfolio management, fraud, operations, and compliance to obtain a comprehensive view of policy and process changes and new product implementation, resulting in $1,220 billion in new single-family business in 2021.• Influenced line of business strategic decisions proactively by identifying risk factor considerations that would support risk mitigation.• Ensured compliance with company policies and federal regulations, including as subject matter expert for condominiums, desktop appraisal innovation, automated collateral evaluation and scorecard cutoff analyses projects. Partnered with audit to verify resolution of outstanding issues. Show less

Alexandria, Virginia, United States

Director, Credit Policy and Risk • Developed and administered credit policy for consumer loans and automated lending systems. • Applied credit strategies by integrating decision engines with front- and back-end origination and servicing systems to automate lending processes and member service fulfillment. • Managed team of six modeling and credit analysts to optimize automated decisioning rate while improving credit quality.• Implemented portfolio management policies for… Show more Director, Credit Policy and Risk • Developed and administered credit policy for consumer loans and automated lending systems. • Applied credit strategies by integrating decision engines with front- and back-end origination and servicing systems to automate lending processes and member service fulfillment. • Managed team of six modeling and credit analysts to optimize automated decisioning rate while improving credit quality.• Implemented portfolio management policies for consumer, first mortgage and home equity products.• Interacted with Executive Management and Board of Directors to formulate strategies to grow loan portfolio while controlling risk exposure. • Served as contact with and liaison to IT and Fraud groups for project management. Monitored loan officer review and training functions for 80 service center and branch underwriters. Show less

Developed, administered, analyzed and validated credit scoring and loan application processing systems to meet regulatory, credit administration and production requirements. Performed statistical analyses of application and portfolio characteristics, results and trends to evaluate scoring performance and develop strategies. Managed consumer loan processing personnel to ensure required underwriting support and prompt application turnaround time. Oversaw all aspects of loan application… Show more Developed, administered, analyzed and validated credit scoring and loan application processing systems to meet regulatory, credit administration and production requirements. Performed statistical analyses of application and portfolio characteristics, results and trends to evaluate scoring performance and develop strategies. Managed consumer loan processing personnel to ensure required underwriting support and prompt application turnaround time. Oversaw all aspects of loan application production, from receipt to assignment to Loan Operations, as well as system reporting and vendor management. Supported processing of 15,000 consumer loan applications in 2004 resulting in $263,596,000 of booked loans for the year. Show less

System administrator and analyst for Community Lending loan application processing, scoring and underwriting systems. Administered and updated customized application processing system to meet regulatory, production and marketing needs. Produced system reports and analyses for application production and loan performance and trends. Developed credit score reporting and validation project to support automated decisioning of 33% of consumer loan applications.

Managed commercial overdraft product portfolio and staff, including training and oversight of underwriters. Oversaw application processing and monitored delinquency levels. Assisted in development of automated small business loan application processing, underwriting and scoring systems. Previously, recommended approval or declination of moderately complex small business loans while ensuring adherence to credit guidelines and product profiles. Performed detailed credit analysis on requests… Show more Managed commercial overdraft product portfolio and staff, including training and oversight of underwriters. Oversaw application processing and monitored delinquency levels. Assisted in development of automated small business loan application processing, underwriting and scoring systems. Previously, recommended approval or declination of moderately complex small business loans while ensuring adherence to credit guidelines and product profiles. Performed detailed credit analysis on requests to determine repayment ability, collateral adequacy and general risk analysis. Show less

Evaluated for purchase decision the credit and property risk of residential mortgage applications. Reviewed all aspects of loan file, including employment, income, assets, obligations and security, in order to assess creditworthiness and conformity to guidelines. Performed analyses of qualifying ratios, historical asset and debt structure and usage, and sources and uses of funds on both the personal and commercial levels. Participated in cross-training program as Quality Control Analyst:… Show more Evaluated for purchase decision the credit and property risk of residential mortgage applications. Reviewed all aspects of loan file, including employment, income, assets, obligations and security, in order to assess creditworthiness and conformity to guidelines. Performed analyses of qualifying ratios, historical asset and debt structure and usage, and sources and uses of funds on both the personal and commercial levels. Participated in cross-training program as Quality Control Analyst: audited closed and canceled loan files and issued written reports to senior management on completeness, accuracy and validity of information as well as soundness of prior decision. Show less

Produced monthly problem loan reports for senior management including problem loan lists as well as aggregate non-performing asset reconciliations and funds flow analyses. Assessed overall credit quality trends and reserves for loan losses for FAMC's District of Columbia subsidiary. Additionally, affected classified loan risk rating changes, charge-offs and non-accrual updates.

Responsible for immediate supervision of designated group of commercial Credit Analyst Is and Trainees. Duties included distribution of work, instruction and assistance in preparing credit analyses and financial spreadsheets and reviewing work submitted by group. In addition, performed comprehensive reviews of financial outlooks of borrowers within a diverse commercial and real estate setting. Evaluated risk exposure in loans ranging to $22.5 million and assigned loan recommendations and… Show more Responsible for immediate supervision of designated group of commercial Credit Analyst Is and Trainees. Duties included distribution of work, instruction and assistance in preparing credit analyses and financial spreadsheets and reviewing work submitted by group. In addition, performed comprehensive reviews of financial outlooks of borrowers within a diverse commercial and real estate setting. Evaluated risk exposure in loans ranging to $22.5 million and assigned loan recommendations and risk ratings. Addressed issues of profitability, cash flow, liquidity, leverage and projections as related to sources of repayment and peak debt requirements. Also prepared financial spreadsheets including common size balance sheet and income statement data. Show less

Performed credit and financial analysis, evaluated real estate collateral and negotiated alternative avenues of financing for $20 million in residential mortgage loans per month