My career spans 47 years of commercial real estate lending/origination, servicing, residential secondary market sales, negotiating workouts/restructures, foreclosure, REO sales, monitoring properties in receivership, underwriting of new loans, underwriting transfers/assumptions, defeasance, property budgets, property inspections, valuation of distressed single family homes, negotiation/resolution of FDIC bank stock loans, determined replacement reserve increases and preparation of case memorandums with underwriting analysis recommending approval for various real estate transactions. This experience affected the following loan type/portfoliods: USDA Rural Affordable Housing insured loans, CMBS, RTC, FDIC, Freddy Mac multifamily, FNMA multifamily and FHA multifamily insured loans. *REO sales were were accomplished with prior employer and before employment with Midland.
Preparation of case memorandums with underwriting analysis recommending approval for various real estate transactions, negotiating workouts/restructures,monitoring properties in receivership, defeasance, property budgets, property inspections, valuation of distressed single family homes, negotiation of bank stock loans, determined replacement reserve increases and underwriting transfers/assumptions. This experience affected the following loan type/portfolios: USDA Rural Affordable Housing insured loans, CMBS, RTC, FDIC, Freddy Mac multifamily, FNMA multifamily and FHA multifamily insured loans.
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