Overview
Work History
Education
Skills
Timeline
Generic
Shalimar Vega-Mavroff

Shalimar Vega-Mavroff

Charlotte,NC

Overview

18
18
years of professional experience

Work History

Senior Manager Collateral

BETTER HOLDING CO
01.2022 - 01.2025
  • Risk/revenue mitigation policy decision maker, navigating compliance, investor, insurer requirements
  • Completed technical implementation to automate integration of Value Verify/Value Acceptance/Hybrid appraisals reducing collateral cycle time by up to 50% when eligible
  • Incorporated modern, compliant FNMA virtual inspection options, reducing mortgage origination timelines to close/fund, largely eliminating need for final inspections by an appraiser and improving cycle times by 20%
  • Oversight of a global team

Senior Regional Manager AMEX Partnership

BETTER HOLDING CO
01.2021 - 01.2022
  • Principal AMEX national partnership leader of Coordination/Processing
  • Activities include workflow improvement, pipeline oversight, target setting, and strategic initiatives including customer experience
  • Played a key role in leadership development initiatives
  • Served as the nationwide operations leader charged with oversight of nationwide processing/closing teams in the AMEX partnership
  • Developed and implemented operational strategy improving the funded loan target achievement from 62% to 101% in first 90 days
  • Collaborated with Underwriting leaders to cross train, improving conversion from 84.80% to 94.30% in first 90 days
  • Successful renewal of this key partnership through significant industry downturn

Real Estate Valuation Services Manager II

WELLS FARGO HOME MORTGAGE
01.2017 - 01.2021
  • Executed all aspects of corporate credit risk management and managed the monthly valuation pipeline of $27.2T
  • Served as the operations appraisal management company relationship owner
  • Ideated and developed regular touchpoints at the senior leader level with operations and quality control, which enhanced effectiveness
  • Spearheaded efforts to improve service level metric 5.36% in the first month
  • Decreased operating costs per unit 8 of 12 months in 2017
  • Led de-specialization efforts to scale resources while increasing organizational agility and efficiency
  • Created and implemented leadership development program to increase candidate pipeline

Loan Administration Manager III, AVP HECM Default Servicing

WELLS FARGO HOME MORTGAGE
01.2015 - 01.2017
  • Accountability for servicing $23.5B default HECM portfolio
  • Decisioned strategic write off/repurchases based on risk evaluation in close collaboration with counsel mitigating life of loan losses
  • Led large scale strategic business initiatives/customer remediation efforts while leveraging business support resources including Project Management Office, Analytics, Business Support, Technology, and Operational Risk resulting in integrated solutions meeting partner needs
  • Managed Foreclosure Attorney Network relationships to meet default timelines
  • Supervised Paralegals and oversight of legal order processing
  • Led default implementation of large scale and regulatory driven industry change
  • Served as the principal for complex 18-month corrective action plan across 6+ business lines in a heavily matrixed organization with no direct authority
  • Successfully led team retention through a confidential portfolio divestiture

Loan Administration Manager III, AVP

WELLS FARGO HOME MORTGAGE
01.2011 - 01.2015
  • Oversight for Mortgage-Backed Securities (MBS) default operations
  • Provided leadership and direction to a team of 70
  • Improved service level from 90+ days to less than 20 days in first 90 days
  • Running portfolio of ~20k loans
  • Direct oversight during audits from state and GSE regulators

Lending Manager

WELLS FARGO HOME MORTGAGE
01.2010 - 01.2011

Loan Administration Manager II

WELLS FARGO HOME MORTGAGE
01.2009 - 01.2010

Loan Administration Manager

WELLS FARGO HOME MORTGAGE
01.2008 - 01.2009

Mortgage Loan Adjustor Trainer, Team Lead

WELLS FARGO HOME MORTGAGE
01.2007 - 01.2008

Education

Associate of Arts - Business

University of Phoenix
Tempe, AZ
08-2013

Skills

  • Business performance management
  • Reporting oversight
  • Cross-functional communication
  • Operations management
  • Talent development
  • Operations planning
  • Cross-functional team leadership
  • Documentation and reporting
  • Data-driven decision making

Timeline

Senior Manager Collateral

BETTER HOLDING CO
01.2022 - 01.2025

Senior Regional Manager AMEX Partnership

BETTER HOLDING CO
01.2021 - 01.2022

Real Estate Valuation Services Manager II

WELLS FARGO HOME MORTGAGE
01.2017 - 01.2021

Loan Administration Manager III, AVP HECM Default Servicing

WELLS FARGO HOME MORTGAGE
01.2015 - 01.2017

Loan Administration Manager III, AVP

WELLS FARGO HOME MORTGAGE
01.2011 - 01.2015

Lending Manager

WELLS FARGO HOME MORTGAGE
01.2010 - 01.2011

Loan Administration Manager II

WELLS FARGO HOME MORTGAGE
01.2009 - 01.2010

Loan Administration Manager

WELLS FARGO HOME MORTGAGE
01.2008 - 01.2009

Mortgage Loan Adjustor Trainer, Team Lead

WELLS FARGO HOME MORTGAGE
01.2007 - 01.2008

Associate of Arts - Business

University of Phoenix
Shalimar Vega-Mavroff