Katrina Morton
Broken Arrow,OK
Summary
Accomplished Executive with a progressive history of advancing substantial growth and profitability for mortgage, consumer, indirect and commercial lending. A goal oriented self-motivator who exceeds in the development of new products, strategic planning, leadership, risk analysis, business development and overall lending objectives. Servant leader with proven ability to build and develop top performing teams through ongoing coaching, mentoring, and professional development. Works well under pressure and accustomed to high volume work environment. Demonstrated success in managing a broad scope of responsibilities and successful management of large staff. Demonstrated history of creating performing loan portfolios across various segments and markets. Sales management, business development skills, proficiency in building and maintaining positive internal and external relationships. Well-versed in all state and federal regulations related to the lending and collections industry.
Overview
20
20
years of professional experience
Work History
Vice President, Lending
Oklahoma Central Credit Union
10.2021 - 07.2025
- Direct reports-4- Director of Lending, Mortgage Manager, Commercial Portfolio Specialist and Collections Manager
- Indirect reports-18- Lending Underwriters, Loan Operations, Mortgage Originators/Processors/Underwriter, Collectors.
- Managed loan growth results from Mortgage, Consumer, Indirect and Business Lending through managing staff to strategic goals and initiatives.
- Underwriting Consumer, Mortgage and Business Loans.
- Member of ALCO Committee.
- Lending training development including cross-selling, underwriting, business development and lending regulations.
- Collaboration with Finance, Strategy, Accounting and Marketing to improve overall results.
- Project management –Loan onboarding, AI Launch, Expansion of ancillary product choices, Process improvements in all departments.
- Lending and Collections Audit liaison.
- Oversaw the implementation of AI within the consumer lending loan platform. Oversaw the implementation of a new mortgage loan origination system.
- Implemented lending survey program to improve overall member experience.
- Completed year-long 5 Behaviors – DISC training to improve culture, communication, and personal growth.
- Completed due diligence packages and presentations for all lending vendors.
- Presented business cases and ROI for potential new partnerships.
- Extensive volunteer work through the Credit Unions volunteer program
Vice President, Lending
Denver Community Credit Union
10.2014 - 10.2021
- Expanded mortgage loan product offerings. Obtain selling ability to FNMA. Manage $230mm FHLB secondary market relationship.
- Increased overall lending production $28mm per annum resulting in a safe and sound loan portfolio through balanced and diversified lending options and training of staff.
- Effected all loan product ancillary sales results – increasing LDP by 25%, GAP sales by 60% and Warranty sales by 28% YOY.
- Authored, designed, and implemented beginning and advanced underwriting training resulting in sixteen staff members obtaining lending limits to improve the overall member experience.
- Oversaw quality control process improving audits YOY. Last 6-year State and NCUA audits resulting in no lending findings.
- Managing collections department for credit union.
- Researched and presented a non-prime auto loan option for the credit union resulting in 480 additional auto loans in 2019-2021 for $8.7min loan growth, assisting the underserved with an insured product.
- Collaborated and implemented new pricing methodology utilizing dealer flat data, loss data, yield data and prepayment data to conclude with a workable rate matrix increasing overall loan yields by 1.20%.
- Re-established Business lending department to include third party underwriting, new policies and guidelines, new pricing, and the introduction of new business loan products.
- Facilitated $10mm in auto loan participations, $8mm in mortgage loan participations, and $25mm in commercial participations, developing criteria, and analysis and due diligence parameters.
- Implemented monthly scorecards for all lending staff to increase loan cross sales with a focus on education for members.
- Managed all lending partner and vendor relationships including annual due diligence.
- Responsible for the growth results from Mortgage, Consumer, Indirect and Business Lending through managing staff to strategic goals and initiatives
- Underwriting complex Consumer, Mortgage and Business Loans
- Member of ALCO Committee
- Chair of Member of Business Services Lending Committee
- Member of Indirect CUDC/CUDL Indirect Master Committee
- Knowledge of FHLB, FNMA & Freddie Mac secondary marketing processes
Vice President, Lending
Envista Credit Union
07.2011 - 05.2014
- Direct Reports: Mortgage/Indirect Lending / Quality Control/ 9 Branch Managers
- Indirect reports: Assistant Branch Managers and all Member Service employees
- Recruited to manage and expand the Indirect Lending, Mortgage Lending and Quality Control departments along with involvement with 9 branch locations.
- Conduct monthly training/ sales meetings for branch managers and staff.
- Underwrite and approve mortgage, consumer, and Indirect auto loans.
- Manage consumer and mortgage loan pricing objectives.
- Member of Business Lending loan committee. Reviewing and approving Business loans for the Credit Union. Trained new business lender on debt service coverage ratios, pricing objectives, underwriting policies, preparation of business loans for committee review and documentation of business loans.
- Member of ALCO Committee
- Utilized and improved upon lead generation software - company wide.
- Trained all sales staff on the software and conducted on-site training for staff. Monitored results through reports and tracking to increase overall cross sale and loan volume resulting in net loan growth of $11 million in 2013.
Senior Loan Officer
Suburban Mortgage
08.2010 - 07.2011
- Origination of Conventional/VA/FHA loans.
- Origination of Purchase and Refinance business.
- Development of realtor and referral relationships.
- Management of lead pipeline and loan closings/funding
- Utilized Encompass software and loan locking systems.
Vice President of Mortgage Division
First Financial Credit Union
10.2005 - 06.2010
- Recruited to launch a new Mortgage Division to supply the organization with increased revenue.
- Lead team of 11 employees, maintained a minimum of $35 million in loan originations per year, oversaw $90 million in mortgage loan receivables, controlled yearly budget of $150,000.
- Managed originators, processors, and servicers.
- Responsible for the development of all lending policies, processes and procedures for origination, processing, and servicing of mortgage loan portfolio.
- Developed all mortgage lending job descriptions, production objectives and coaching programs for mortgage lending staff.
- Maintained organizational leadership role, sustained, and analyzed underwriting of all product lines, originated on average $6.0 million in mortgage loans per month, attended management meetings, prepared, and executed organization wide training program.
Education
Bachelor of Science Degree - Business Administration
Baker University
Kansas City, KSSkills
- Team leadership and development
- Loan/Credit Origination
- Loan Underwriting
- Loan Servicing
- Mortgage Lending
- Consumer Lending
- Indirect Lending
- Commercial Lending
- Networking & Sales
- Business Development
- Strategic Planning
- Budgeting
- Loan Operations
- Lending Product Development
- Enterprise Risk Management
- Compliance and Audit
- Process Improvement
Timeline
Vice President, Lending
Oklahoma Central Credit Union
10.2021 - 07.2025
Vice President, Lending
Denver Community Credit Union
10.2014 - 10.2021
Vice President, Lending
Envista Credit Union
07.2011 - 05.2014
Senior Loan Officer
Suburban Mortgage
08.2010 - 07.2011
Vice President of Mortgage Division
First Financial Credit Union
10.2005 - 06.2010
Bachelor of Science Degree - Business Administration
Baker University
Systems
Proficient in Encompass, Caylx Point, CU Prodigy, Meridian Link LPQ, Origence L360, Ideal and Visible Equity Incino software platforms.
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