Leroy Hayden has over 30 years of experience in mortgage servicing and investor reporting, managing departments and staff of up to 22 employees. He has a proven track record of successfully reconciling large portfolios, timely reporting to investors such as FNMA and Freddie Mac, and received an "Excellent" rating for his work in servicing departments. The document provides details on his extensive career history and responsibilities in mortgage servicing and investor reporting roles.
1. LEROY HAYDEN Cell: 214-783-0009
275 E Vista Ridge Mall Drive E-mail address: jr_hayden@yahoo.com
Lewisville, Texas 75067
SUMMARY
The ability to constructively turnaround a department from fair to excellent
Developed strong partnership with FNMA/FREDDIE MAC over the last 20 years
Managed the Mortgage Servicing Department for over 10 yrs
Excellent Investor Account Reconciliation, Reporting and Remittance Skills
Technical and extensive experience in Mortgage Bank Accounting.
Started Homeowners Assistance Program
EXPERIENCE:
Nationstar Mtg. - Lewisville,Tx
Investor Reporting/Freddie Mac Bank Recon Manager ( 9/13 – present)
Currently oversee and manage a staff of 12 Freddie Mac Bank Reconcilers. Responsibilities include building excel
spreadsheets, running macros and creating database reports to manipulate data used to reconcile Freddie mac portfolios.
Work very close to V.P. of Freddie Mac Investor Reporting team. Also, responsible for reconciling 11 Freddie Mac
P&I and T&I bank recs, from 59 and form 59e, consisting of over 550,000 unpaid principal balance.
JP Morgan Chase – Columbus, Ohio
Mortgage Consultant-Investor Accounting/Reporting- (11/11 – 7/13)
Provide leadership to a staff of 22 investor reporters in the Freddie Mac Department. Training them on all aspects of
Investor Reporting to Freddie Mac. Responsible for Investor Reporting, Cash Remittances and Bank Reconciliation for of over 20 million
UPB to Freddie Mac. Responsibilities also includes, P40x Reconciliations, Form 59 Proof, Midanet system cleared
edits and edits to be cleared. Payoff Reconciliation and Remittance analysis reconciliations.
CU National – Pine Brook, N.J.
Vice President/Mortgage Loan Servicing Manager- (6/03 – 11/11)
Vice President/ Investor Reporting/Investor Accounting
Manage a staff of over 19 mortgage servicing reps, consisting of 1 tax reps, 2 insurance reps, 2 new loan
set-up reps, 4 Investor reporters, 3 customer service reps, 1 file clerk, 3 collectors and 3 payment processor.
Responsible for all aspects of Investor Reporting to Investors such as FNMA, Freddie Mac, Bayview
Financial and various Credit Unions. Also responsible for the Mortgage Servicing department and the
Default management department Portfolio size of over $768 million of unpaid principal balance consisting
of approximately 8,500 loans. Received from a FNMA Annual Performance review a rating on Servicing
department to be Excellent. Strengths are Investor Reporting, Remitting and Reconciliation.
Other strong points shown while structuring a department and maximizing personnel production.
RPI CONSULTINGS – New York, NY
Mortgage Professional (12-02 – 6/03)
Traveled within the United States from city to city providing Investor accounting skills and Mortgage
servicing skills, such as post closing, processing taxes, clearing conditions on Mortgage commitments,
processing payments, stacking files to be shipped.
Worked for Washington Mutual in South Carolina, Vernon Hills, IL, and Florida.
Olympia Mortgage Corp. – Brooklyn, N.Y.
Investor Accounting Assistant Vice President – (12/96 – 10/02)
Currently oversee and manage a staff of 8 permanent employees within the mortgage servicing and Investor
Accounting departments.
Responsible for accurate and timely reconciliation of a portfolio consisting of $555 million of unpaid
principal balance, processing principal and interest remittances for over 27 Investors.
2. Solely responsible for managing all pools reported to trustees and Investors, making sure Security Balances
are reported timely and accurately. Analyze and resolve investor accounting problems, Loan level reporting
to FNMA and Freddie Mac. Other duties include, reconciling month end bank reconciliation
Columbia Equities Ltd. –Tarrytown, N.Y.
Investor Reporting Manager – (1/95 – 12/96)
Manage and supervise a staff of 4 Investor Accounting representatives, consisting of 2 Senior Investor
Accountants and 2 Investor Accountants.
Responsible for the Investor Reporting, remitting and reconciliations of a 6,000 loan portfolio consisting of
residential and commercial properties.
Portfolio consisting of over two billion of unpaid principal balance to over 40 Investors.
Hired as liaison between the Servicing Manager and the MIS (computer engineer)
Developed cash control system to enable proper controls and security
Established clear and proper guidelines for the Foreclosure and Asset Resolution department, minimizing
corporate losses and managing timely claims and reimbursements of Escrow Advances.
Assisted Comptroller implement a system for emergency cleanup and troubleshooting due to computer
conversion.
Arbor National Mortgage – Carle Place, N.Y.
Investor Reporting Supervisor – (4/94- 12-94)
Supervised a staff of 4 Investor Reporters, consisting of 3 Investor Accountants and 1 Investor Clerk
Responsible for Reporting, Remitting and Reconciliations
Timely and accurate reporting and remittances to more than 75 various investors.
Portfolio consisting of more than 5.5 billion of unpaid principal balances.
Responsible for all new loan purchases between Arbor National and many private securities firms such as;
Prudential Securities, Nomura Capitol Assets Corporation and Bear Stearns.
Responsibilities include securitizing the pools, analyzing pool-to-security reconciliations
Midcoast Mortgage Corp. – Melville, N.Y.
Investor Account Assistant Manager – (10/89-4/94)
Assisted in the successful acquisition of the New York Guardian Fannie Mae portfolio consisting of more
than 25,000 loans due to hostile takeover by Fannie Mae
Managed a staff of nine personnel consisting of 7 Investor Reporting representatives and 2 Bank
Reconciliation clerks
Responsible for reporting, reconciliations and remitting of a 69,000 loan portfolio, consisting of more than
$5.3 billion unpaid principal balances to more than 100 investors.
Timely and accurate reporting to more than 100 various investors such as Fannie Mae, GNMA, FHLMC,
Citicorp, Bear Sterns, Sears, General Electric, RFC and many other private investors.
EDUCATION
SUNY NEW PALTZ,
Pursued Bachelor of Arts and Science Degree - Accounting - May 1981 - 1983
TECHNOLOGICAL SKILLS
HARDWARE: IBM AS/400
SOFTWARE: ACCESS, EXCEL, WORD, MSP, FICS, DATA LINK, MIDANET, MORNET