KIMBERLEE BYERS
Lone Tree,Colorado
Summary
Track record in mortgage finance, specializing in regulatory compliance and operational enhancements. Expertise in portfolio management aligns asset strategies with investment objectives, leading to optimized performance. Strong team leadership and problem-solving skills foster effective collaboration and drive significant results.
Overview
31
31
years of professional experience
1
1
Certification
Work History
Mortgage Finance and Operational Consultant
KB Advisors
Lone Tree, CO
01.2015 - Current
- Acted as collateral manager and servicing oversight manager for RPL deals at Redwood Trust.
- Managed regulatory compliance and state exams for MSR portfolio, ensuring adherence to industry standards.
- Managed portfolio oversight, aligning asset strategies with investment objectives.
- Assessed vendor refunds and trailing gains or losses to optimize investor returns.
- Executed operational reviews, data reconciliation, and servicing performance analysis.
- Researched recoverable and non-recoverable servicing advances to inform financial decision-making.
- Collaborated with internal teams to analyze month-over-month servicing operations.
- Partnered with managing director to implement new products and establish operational guidelines.
Senior Implementation Manager
Digital Risk, LLC
Denver, CO
01.2011 - 12.2012
- Led implementation of Mortgage Servicing and Risk Management projects for new and existing clients, ensuring alignment with client needs and project goals
- Coordinated with clients and internal resources to ensure timely and effective communication on timelines, milestones, and requirements, enhancing project transparency
- Acted as Default Servicing 'Subject Matter Expert' and actively participated in staffing, hiring, and training of employees dedicated to each new project
- Created reporting scripts to streamline data analysis and improve reporting accuracy
- Consistently partnered with Reporting and Development team to meet client reporting expectations
Project Manager, Loss Mitigation
Aurora Loan Services
Littleton, CO
01.2010 - 05.2010
- Contributed expertise to enhance Document Tracking for Loss Mitigation group, improving tracking accuracy.
- Partnered with Loss Mitigation Management to develop Management Action Plans addressing operational risks, strengthening departmental processes.
Assistant Vice President, Loss Mitigation
Aurora Loan Services
Littleton, CO
11.2008 - 08.2009
- Executed loss mitigation strategies for a Fannie Mae servicing portfolio with over 25,000 defaulted loans.
- Led department in meeting record high for loss mitigation workouts, accounting for 40% of the deals in that month (750 of 1900 total deals across all teams)
- Managed default underwriting team of 40+, including management level, to drive effective loan evaluation and risk assessment.
- Interfaced daily with on-site Fannie representative and portfolio managers to align on loss mitigation strategies and ensure compliance.
- Oversaw investor relationship, facilitating clear communication and understanding of loss mitigation objectives and performance.
- Contributed significantly to the development of operational functions and processes for the Home Affordable Modification Program.
Assistant Vice President, Contract Administration/Repurchases
Aurora Loan Services
Littleton, CO
09.2005 - 11.2008
- Cut aging pipeline by 90% within 45 days of assuming responsibility for Aurora's Repurchase Administrative group
- Managed three areas within repurchase department with direct reports, facilitating review of repurchase demands from investors to determine breach and materiality
- Directed the Contract Administration Accounting process and produced departmental reports to highlight exceptions
- Collaborated with Contract Administration management, Lehman Trading Desk and Lehman Middle Office to incorporate a process for setting aside monthly reserves based on Aurora monthly production for future rep and warrant unrecoverable losses
- Communicated with the Lehman Trading Desk on a consistent basis to manage loss reserve process and resolve escalated repurchase claims including intricate assessment of specific deals for global settlements
- Analyzed Loan Purchase and Warranties Agreements, Servicing Agreements, and Mortgage Loan Sale and Assignment Agreements to verify Lehman's representations and warranties regarding alleged breaches
- Also worked with Aurora Treasury and Securities Accounting to ensure exceptions resolved timely
- Managed vendor relationships for outsourced recoveries on claims against terminated clients
Department Manager, Closing and Compliance
Wells Fargo Bank
Salt Lake City, UT
01.2003 - 12.2005
- Developed and staffed a new Loan Documentation/Closing department for the Real Estate Resource Center in Salt Lake City, UT.
- Collaborated with business bankers, legal and compliance consultants, and senior management to resolve communication issues and streamline processes for market entry.
- Led strategic planning and market analysis initiatives to inform expansion into new regions.
- Coordinated and facilitated regional 'kick-off' meetings with Business Bankers.
- Facilitated the project management for the implementation of FaxServer for RERCs
- Developed procedures and processes addressing the charter collapse of Wells Fargo Home Mortgage and Wells Fargo Bank.
- Delivered Customer Service training sessions for the Salt Lake City RERC, reaching around 50 team members.
Supervisor, Loss Mitigation
Select Portfolio Servicing
Salt Lake City, UT
03.2002 - 11.2003
LSR II, Loss Mitigation
Select Portfolio Servicing
Salt Lake City, UT
05.2001 - 02.2002
Foreclosure Specialist, Foreclosure
Select Portfolio Servicing
Salt Lake City, UT
08.2000 - 04.2001
Bankruptcy Specialist, Bankruptcy
Select Portfolio Servicing
Salt Lake City, UT
05.1999 - 07.2000
Loan Processor
Jefferson National Mortgage
Salt Lake City, UT
01.1999 - 04.1999
Quality Assurance Reporting Specialist, Quality Control
FirstPlus Freedom Mortgage
Salt Lake City, UT
06.1998 - 01.1999
Senior Account Manager, Collections
Morgan Stanley, Dean Witter, Discover and Company
Salt Lake City, UT
10.1995 - 06.1998
Education
Bachelor of Science - Business Administration, Marketing
University of Phoenix
UT01-2006
Skills
- Mortgage underwriting
- Regulatory compliance
- Collateral management
- Portfolio oversight
- Client relationship management
- Problem solving
- Attention to detail
- Team development
Certification
Colorado Division of Real Estate License, active
Qualifications Summary
Personable, goal oriented, detailed, and experienced operational leader with a well-rounded knowledge of residential mortgage component servicing, originations, asset and risk management. Systematic problem solver with a demonstrated track record of executing innovative solutions to meet defined business goals and needs. Seasoned experience in project management, personnel management, team building and motivating staff to attain peak levels of productivity and surpass revenue targets. Fosters and maintains cohesive relationships at all levels throughout an organization. Remarkable and proven ability to quickly master new roles, responsibilities, technology, and environments.
Timeline
Mortgage Finance and Operational Consultant
KB Advisors
01.2015 - Current
Senior Implementation Manager
Digital Risk, LLC
01.2011 - 12.2012
Project Manager, Loss Mitigation
Aurora Loan Services
01.2010 - 05.2010
Assistant Vice President, Loss Mitigation
Aurora Loan Services
11.2008 - 08.2009
Assistant Vice President, Contract Administration/Repurchases
Aurora Loan Services
09.2005 - 11.2008
Department Manager, Closing and Compliance
Wells Fargo Bank
01.2003 - 12.2005
Supervisor, Loss Mitigation
Select Portfolio Servicing
03.2002 - 11.2003
LSR II, Loss Mitigation
Select Portfolio Servicing
05.2001 - 02.2002
Foreclosure Specialist, Foreclosure
Select Portfolio Servicing
08.2000 - 04.2001
Bankruptcy Specialist, Bankruptcy
Select Portfolio Servicing
05.1999 - 07.2000
Loan Processor
Jefferson National Mortgage
01.1999 - 04.1999
Quality Assurance Reporting Specialist, Quality Control
FirstPlus Freedom Mortgage
06.1998 - 01.1999
Senior Account Manager, Collections
Morgan Stanley, Dean Witter, Discover and Company
10.1995 - 06.1998
Bachelor of Science - Business Administration, Marketing
University of Phoenix