Tony Combs Email & Phone Number

Coppell, Texas, United States

Performed quality control review and verification audit of financial statements to confirm data accuracy, acceptable quality, and adherence to client specific guidelines.

Managed a team of analysts responsible for oversight and compliance auditing of REO vendor processes to confirm compliance with investor guidelines. Tracked and analyzed monthly audit findings for review with vendor management teams and internal senior management staff to ensure the implementation of adequate vendor action plans which would address all identified issues and prevent reoccurrences.

Dallas/Fort Worth Area

Analyzed vendor performance and compliance in all post-foreclosure phases including premarketing, marketing and closing during the REO asset liquidation process. Managed and monitored the audit, evaluation, monitoring, inspection, and investigation of vendor processes to ensure credit loss minimization and sales profit maximization while meeting required Service Level Agreements (SLA) and Key Performance Indicators (KPI).A

Plano, Texas

Managed the disposition of short sale property portfolios by collaborating with homeowners, real estate agents, loan servicers and investors to successfully mitigate losses and prevent foreclosures.

Utilized my numerous years of REO industry experience and expertise to increase revenue and asset values via improvement of deficiencies and reducing process costs. Consulted with operations managers, asset managers, real estate agents, vendors and the client Freddie Mac in identifying challenging obstacles where process revisions were necessary to overcome the obstacles and achieve established Service Level Agreements(SLAs) at an exceptional level during the preservation, marketing and sales stages of REO asset disposition.

North Richland Hills,Tx

Analyzed foreclosure valuation orders including BPOs, appraisals, AVMs, etc. to confirm an accurate dependable suggested list price was provided to clients for the listing of their REO properties in order to obtain a fair market value and minimize losses. Provided a comprehensive written reconciliation analysis for client review of all major valuation variances identified.

Dallas, Tx

Coordinated the reassignment of aged and low value Fannie Mae REO property listings to auction companies - REDC, Hudson & Marshall, Realty Bid, Williams & Williams, and Rowell – for remarketing and more expedient liquidation via innovative marketing strategies. Increased sales by 51% after just two months in the position via meticulous collaboration with auction reps to identify and implement innovative marketing strategies.

Dallas/Fort Worth Area

Proficiently managed the disposition of REO asset portfolios for clients - Fannie Mae, Bank of America, Litton & Marix. Created innovative sales marketing strategies based on the evaluation of BPO and appraisal valuations to efficiently market properties while maximizing client returns and mitigating losses during the disposition process. Maintained a preferred broker network to maximize sales profitability in the liquidation of assigned properties. Negotiated and approved offers with prospective buyers; reviewed purchase contract terms and conditions for consistency with approvals. Managed listing agents, vendors and contractors to manage property preservation and repair/rehab processes. Updated Equator & RESNET REO databases; reconciled databases to client system of records for data integrity. Prepared monthly analysis of financial, marketing, & physical status of properties for senior management review. Conducted periodic field inspections of properties to ensure real estate agents and vendors met performance compliance guidelines.

Irving, Texas

Managed the expansion start-up process of various departments within a new centralized consumer loan lending center. Departments included home equity loan processing, document preparation, quality control and customer service. Staff included direct report supervisors and up to indirect reports. Improved work process efficiencies by a combined 70+% during the initial year by implementing various process improvements which aided in not only consistently meeting, but exceeding monthly goals and reducing overhead business costs.

Irving, Texas

Performed credit review of retailer credit applications submitted for manufactured housing wholesale floorplan inventory approval. Analyzed financial statements, credit histories, trade references, Dunn & Bradstreet Reports, BBB Reports, and UCC filings to complete credit decision write-ups for presentation to credit review committee and senior management. Assigned as a member of a proven management committee responsible for auditing loan servicing files for due diligence and compliance approval to be included in the company’s final liquidation sale of their $1.2 billion loan portfolio.

Irving, Texas

Promoted to manager of loan processing department which included 4 team leads and up to 30 support staff responsible for centralized direct lending operations including data, entry, credit app processing, loan processing, document preparation, funding, and lien perfection.

Irving, Texas

Supervised up to 15 processors responsible for data entry, credit application processing & quality control review in centralized direct lending center.