Scott Brown Email & Phone Number

Dallas, Texas, United States

San Antonio, Texas Area

Renovation/Construction Lending Managed Renovation and Construction Lending operations. o Developed FHA 203K Standard/Limited loan programs. o Authorize all Contractors for renovation projects based on years of related experience. o Manage disbursements of all draws to contractors in accordance with agency guidelines and local lien laws. o Developed comprehensive risk mitigation procedures that indicate potential completion issues. o Identify and on board all third party outsources for renovation and construction programs with emphasis on counter parties strength and experience. o Held profit/loss accountable. o Extensive travel conducting branch visits and training seminars for internal and external customers. Collateral/Final Documents Managed all day-to-day aspects of Collateral and Final Documents Delivery o Oversaw delivery of notes to warehouse lenders within designated timeframes. o Managed all aspects of final certifications of GNMA pools. o Work with warehouse lenders to cure any deficiencies.

Construction Renovation Lending Oversaw Construction and Renovation Lending departments. o Developed Construction Lending One Time Close Program launched in 2014. o Managed dedicated staff handling 203K Standard/203K Limited and FNMA Homestyle loan programs. o Oversight Escrow Holdbacks related to weather or swimming pools. o Review and authorized to participate all Contractors for both Renovation and Construction Lending programs. o Conducted Compliance and Regulatory oversight of third party Sub Servicer consisting of daily, weekly, monthly quarterly and annual due diligence. Loan Servicing Managed Loan Servicing for National Mortgage Lender with annual production in excess of 5,000,000,000. o Managed servicing portfolio in excess of $5B consisting of GNMA, FNMA, FHLMC and Non Agency Loans. o Maintained portfolio delinquencies less than .50%. o Oversaw Boarding of loans to GNMA, FNMA and FHLMC. o Managed Sub Servicer relationships including contract negotiations. o Procured and oversaw MSR sales of GNMA, FNMA and FHLMC loans including sale negotiations, due diligence, agency approval and transfers. o GNMA Security Officer. o Assistant Secretary to MERS. Consumer Direct/Corporate Services Division Directed team of loan originators handling all internal production. o Consumer Direct Originations o Employee Loans o Scratch and Dent Refinances Loss Mitigation Led Loss Mitigation Team and oversaw Defective Loan Meeting on a weekly basis. o Analyzed aged loans on warehouse facilities. o Determined best execution for repurchase obligations. o Established exit strategy for Scratch and Dent loans.

Oversaw all aspects of Loan Servicing and Construction Lending for National Mortgage Lender with annual production in excess of 7,000,000,000. Implemented multiple key initiatives including outsourcing some portions of long term Loan Servicing. o Manage servicing portfolio consisting of GNMA, FNMA, Manufactured Housing, and Conventional loans.o Established and oversaw all third party vendors including Loan Servicer and Collateral Custodian.o Conduct Compliance and Regulatory oversight of third party vendors for servicing.o Negotiated vendor relations with National Inspection Firm.o Oversaw Home Renovation Division increasing production in excess of 200%.o Held profit/loss accountable.o Developed One Time Close Construction platform currently in testing phase.o Assist in legal actions, including arbitrations, mediations and trials.

Oversaw all aspects of company-owned assets. Built strategic plan to effectively dispose of non-performing loans and REO. Maintained appropriate valuation methods for $311,000,000 in distressed mortgage assets and developed exit strategies, resulting in dispositions of $160,000,000, with $98,000,000 in cash proceeds, over 12 months.o Managed loss mitigation, foreclosure, REO disposition and loan servicing departments.o Negotiated vendor relations with regard to REO portfolio and foreclosure attorneys.o Developed and executed asset liquidation plan, including establishing innovative auction strategy.o Directed 50 personnel, held profit/loss accountability and played active role on executive risk committee.o Helped facilitate the sales of multiple servicing portfolios.o Handled all legal actions, including arbitrations, mediations and trials.o Executed outsource of remaining servicing portfolios.

Managed phases of national construction lending department, including construction underwriting, closing, draws and modification to permanent loan status. Maintained high level of quality and customer service with internal/external customers. Worked closely with builders and loan officers, utilizing previous builder and origination experience. Performed training seminars for loan officer orientation, manager orientation, regional production meetings, area sales meeting and National Training Production Conference. o Worked closely with capital markets and national operations manager to streamline systems in regard to origination and servicing systems.o Achieved 420% growth in new production over four years.o Contributed to pre-tax profits each year, exceeding budgeted expectations.o Instituted loan classification program to establish loan loss reserves for sub-standard loans.o Developed builder-grading process to limit builder concentrations and exposures.o Collaborated with treasury department to manage $750,000,000 construction lending facility used for one-time closes.

Directed all phases of national construction lending department, including construction underwriting, closing, draws and modification to permanent loan status. Increased production 275% from June 1998 to December 2000, surpassing budget projections each year. Conducted seminars for retail, wholesale and correspondent lending departments on construction lending products. Approved builders and construction projects prior to funding.o Produced pre-tax profits of $1,200,000 for 2000, exceeding budget expectations by $250,000.o Maintained higher-than-expected ROE for year-end 2000.o Carried 10% yield on construction interest with fee income combined, and kept delinquencies at less than 1%.o Managed portfolio through series of reports, including delinquencies, draw inactivity and age of loan versus outstanding balance.o Contributed to production of Watch List Report system to identify non-performing assets, and prepared Watch List Reports for parent company.