Steve Huff Email & Phone Number

El Segundo, CA, US

Wedgewood Loan Assets LLC acquires and manages portfolios of distressed debt purchased from banks, financial institutions, and U.S. government-sponsored enterprises including HUD, Fannie Mae, and Freddie Mac. Much of our non-performing and re-performing loan purchases are financed utilizing repo credit lines and/or are subsequently securitized.

TriWest Multifamily is a premier real estate investment and development firm focused on multifamily investments throughout the United States. We specialize in well-located, Class-B, and Core Plus multifamily real estate with high value-add upside. TriWest brings institutional-grade acquisition acumen and operational efficiency across all realms of.

Redondo Beach, CA

Wedgewood is a leading acquirer of distressed residential real estate. Founded in 1985, Wedgewood has grown into a diversified, vertically integrated company, expanding its business footprint to include residential rehabilitation, non-performing notes, property management, private lending, brokerage, escrow, home warranty and more.

Participate in the due diligence of collateral condition and establish asset value.Negotiate the sale of REO properties and distressed mortgage notes located throughout the country.Develop and maintain the proper business plan for the liquidation of each asset.

Verified lien position for default mortgages and lines of credit by collecting key information from various outlets including: credit reports and contact with Attorneys, county recorders, and county assessors.Analyzed equity position by researching appraised values in order to determine foreclosure recommendations.Performed loss mitigation on a portfolio.

Worked in the Small Business Services Division, which includes all businesses that have 1-49 employees. Responsible for building and maintaining working relationships with clients and partner banks (Comerica, Colonial and Chase). Generated leads for new and existing businesses through networking relationships, foot prospecting, and cold calling.

Served as a liaison between mortgage brokers and operations staff while providing customer service to over 50 accounts. Provided mortgage consultation for brokers, loan officers, and processors, including loan scenarios, guideline questions, and processing.

Reviewed and examined loans to ensure soundness, business value and compliance with Countrywide and Investor standards. Providing input on new and existing underwriting processes, procedures and approaches. Evaluated debt ratio, loan-to-value ratios, credit score, property valuation and various other factors. Reviewed, inspected and validated standard loan.

B.A., Business Economics

Education record