Rusty Johnson

Rusty Johnson Email and Phone Number

Mortgage Servicing Executive | Subservicing | Loss Mitigation | Risk Management | Regulatory Compliance | Business Development @ Mortgage Policy Advisors, LLC
Rusty Johnson's Location
Bonita Springs, Florida, United States, United States
Rusty Johnson's Contact Details

Rusty Johnson personal email

About Rusty Johnson

Senior Mortgage Executive with 30+ years in residential mortgage servicing, loss mitigation, default and technology.Key Strengths:Risk Mitigation & Compliance: Extensive experience ensuring regulatory compliance, including successful management of CFPB/OCC audits and process transformation.Agency & Investor Relations: Deep knowledge of GSE/GOV agency and investor requirements, including claims, escrow, tax, insurance, reporting, accounting, loss mitigation and default servicing.Mortgage Operations: Proven track record in overseeing mortgage servicing functions, including loan boarding, payment processing, customer service, default management, loss mitigation, and REO.Provides strategic guidance and hands-on expertise to mitigate risk, optimize operations, and enhance performance for mortgage lenders and servicers.

Rusty Johnson's Current Company Details
Mortgage Policy Advisors, LLC

Mortgage Policy Advisors, Llc

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Mortgage Servicing Executive | Subservicing | Loss Mitigation | Risk Management | Regulatory Compliance | Business Development
Rusty Johnson Work Experience Details
  • Mortgage Policy Advisors, Llc
    Principal Advisor
    Mortgage Policy Advisors, Llc Dec 2023 - Present
    United States
  • Kpmg Us
    Advisory Manager
    Kpmg Us Jun 2022 - Sep 2023
    Dallas, Texas, United States
    Responsible for mortgage servicing engagements including assessment of collections, loss mitigation, and default processes, and the implementation of improved policies and procedures.
  • Celebrity Home Loans, Llc
    Managing Director
    Celebrity Home Loans, Llc Sep 2020 - May 2022
    Dallas-Fort Worth Metroplex
     Architected, constructed, and managed all servicing functions, leveraging creative strategies to retain and maximize loan profitability. Delivered exceptional customer service while meticulously adhering to investor and regulatory guidelines. Developed and administered Loss mitigation programs for borrowers.
  • Solomonedwards
    Executive Consultant-Financial Services
    Solomonedwards Apr 2018 - May 2020
    Dallas/Fort Worth Area
    Current engagements:- Assisting large mortgage sub-servicer with regulatory compliance readiness covering all aspects of servicing organization including collections, default, third party oversight, claims, and loss mitigation.- Managing servicing functions for Private Equity Real Estate investor - Providing operational expertise in FHA and investor claims to consulting organization
  • First United Bank
    Mortgage Servicing Vp
    First United Bank Apr 2013 - Apr 2016
    Plano, Tx
    Engaged to design and build full service mortgage servicing platform including technology, process, staffing, investor relations/accounting, audit functions, and day to day management. Platform reached profitability in less than one year primarily due to a simplification of overall process, and utilzation of external vendors where applicable.
  • Bank Of America
    Mortgage Servicing Executive
    Bank Of America Oct 2010 - Dec 2012
    Responsible for the collections efforts on 2.5 million,$336 billion, subprime, private investor owned, and bank owned assets. Manages approximately 1,300 associates nationwide. Evaluate and improve on existing collections activities to decrease delinquency levels, resulting in lower losses for investors. Since 2010 i have effectively reduced delinquency month over month 22 consecutive months, and decreased delinquency levels by 30%. This enhanced performance transformed these assets into "sellable" ones. Majority of assets sold to market 1/13.
  • Fannie Mae
    Director- Loss Mitigation
    Fannie Mae Jun 2009 - Oct 2010
    Responsible for the development and day to day operations of the Loss Mitigation group of Fannie Mae. Built and managed experienced team of loss mitigation professionals. Increased loss mitigation, both retention and liquidation acitvity by over 500%. One of two original architects of the Fannie Mae Servicer Capability model, and its rating system STAR (introduced to industry in 2011). Developed comprehensive approach to pursuing defeciency judgments. Built companies servicer review program for purposes of approving/ mantaining loss mitigation delegation.Crafted company's directive on DIL's, which led to Fannie Mae leading the industry in DIL's completed.
  • Pricewaterhousecoopers
    Senior Manager
    Pricewaterhousecoopers Dec 2008 - Jun 2009
    The Consumer Finance Group comprises over nearly 100 professionals across the country dedicated to solving complex business problems for clients in the consumer finance sector. Our focus is on mortgage banking and other forms of consumer credit which means we are at the forefront of the industry working with our clients to anticipate, understand and resolve emerging issues. Our group’s collective knowledge is invaluable at a time when profits are under pressure, monitoring of risks is more difficult and gaining an edge over the competition is more challenging than ever.
  • Radian
    Senior Vice President Of Loss Management
    Radian 2006 - 2008
    Responsible for the development and managment of Radian's Loss Management Department comprised of loss mitigation, fraud investigations, claims processing, default analytics and reporting, contract underwriting remedy and mortgage servicer oversight. This group is routinely recognized as the MI industry leader in loss management and control.
  • American Residential Equities, Llc
    Senior Vice President
    American Residential Equities, Llc Jun 2004 - Apr 2006
    Miami, Florida, United States
    Managed all srvicing activity on purchased loans. Oversaw subservicing of loans .
  • Washington Mutual Bank
    Vice President
    Washington Mutual Bank Apr 2001 - Jun 2004
    Orange County, California, United States
    Managed WAMU's subprime mortgage portfolio. Oversaw five sub-servicing organizations tasked to manage our loans.
  • Wells Fargo
    Manager
    Wells Fargo Jul 1997 - Apr 2001
    Charlotte, North Carolina, United States
    Managed all subprime collection activities
  • Norwest Financial
    Branch Manager
    Norwest Financial Jan 1990 - Jul 1997
    Began my career as a "Share hire" in Whitinsville MA (746). Promoted to manager in Hickory NC (1046) and then transferred to branch in Silver Spring MD (383)

Rusty Johnson Skills

Mortgage Lending Mortgage Banking Loss Mitigation Loans Credit Risk Management Financial Services Loan Servicing Banking Mortgage Servicing Management Loan Origination Financial Risk Residential Mortgages Leadership Investments Portfolio Management Executive Management Underwriting Real Estate Sdlc Credit Risk Asset Management Insurance Process Improvement Finance Default Business Process Improvement Refinance Credit Analysis Financial Analysis Analysis Due Diligence

Rusty Johnson Education Details

Frequently Asked Questions about Rusty Johnson

What company does Rusty Johnson work for?

Rusty Johnson works for Mortgage Policy Advisors, Llc

What is Rusty Johnson's role at the current company?

Rusty Johnson's current role is Mortgage Servicing Executive | Subservicing | Loss Mitigation | Risk Management | Regulatory Compliance | Business Development.

What is Rusty Johnson's email address?

Rusty Johnson's email address is ru****@****ans.com

What schools did Rusty Johnson attend?

Rusty Johnson attended Bryant University.

What skills is Rusty Johnson known for?

Rusty Johnson has skills like Mortgage Lending, Mortgage Banking, Loss Mitigation, Loans, Credit, Risk Management, Financial Services, Loan Servicing, Banking, Mortgage Servicing, Management, Loan Origination.

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