Amherst MBS provides long-term customized credit to independent mortgage banks to help them acquire origination capacity, open new channels, retain servicing rights, and pursue business expansion opportunities. Founded in 1993, Amherst MBS offers brokerage, investment banking, and advisory services covering the residential, commercial, and structured finance markets. Qualified mortgage banks can receive substantial low-cost, long-term capital from Amherst MBS to accelerate growth without giving up equity ownership or control.

1. Focus
Amherst MBS provides independent
mortgage banks with long-term credit
that is customized to their needs.
Founded in 1993, Amherst is a
financial services company offering a
wide array of brokerage, investment
banking and advisory services
covering the residential, commercial
mortgage and structured finance
markets.
Market
In 2014 more than 500 independent
mortgage banks in the United States:
• Loaned more than $400 billion to
homeowners (25% of the market)
• Created servicing rights worth
more than $4 billion
• Generated more than $2 billion of
net income.
Capital
Qualified mortgage banks can retain
control of their business and receive
substantial credit to:
• Acquire origination capacity
• Open new channels
• Retain servicing
• Pursue other business
improvement and expansion
opportunities
• Distribute earnings
• Restructure balance sheet
INTRODUCING AMBS

2. 2
Features Benefits
Low Cost, Long Term Capital Without Giving Up Equity
• Credit, not equity
• Committed for up to five years
• Secured by subordinated rights to your assets
• Retain control
• Retain ownership
• Retain profits
• Accelerate growth
Cost
• Much less than your expected return
• Less than half the cost of preferred equity
INTRODUCING AMBS
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Preferred Equity AMBS

3. 3
About Us
Founder & Chief Executive Officer
Graham has provided executive level leadership,
direction and insight to four large consumer
finance companies. His experience in startups
spans three companies where he was President or
CEO and also the first employee hired. During his
time as Senior Vice President and Director of
Residential Lending at Bank of America in the
1990's, Graham recruited and led a team that
improved the bank's national mortgage origination
ranking to 5th from 100th in four years. He also
developed credit policy, pricing models, capital
markets and portfolio management tools. As CEO
of a $4 billion federal savings bank during his
tenure with ITT Financial Services, Graham
managed regulated entities. While serving as Sr.
Vice President of Risk Management at GE Capital,
Graham provided leadership, direction and insight
necessary to anticipate and monitor the risks
associated with an evolving global customer base
in a $250 billion portfolio of mortgage assets and
insurance products. He also led GECC's prudent
growth in mortgage originations, driving annual
mortgage production from $5 billion to over $20
billion in just 18 months. Graham earned an MBA
in Finance while attending the University of
Southern California on a fellowship. At California
Polytechnic University, he graduated cum laude in
Finance, Insurance and Real Estate.
Graham Williams
Chief Operating Officer
During his 15 years in the mortgage business,
Paul has held several top management
positions in sales, finance and operations. At
First California Mortgage, a top 5 independent
mortgage bank, Paul managed Internal Audit
and Quality Control before moving into the
CFO position. Paul spent another 2 years as
the CFO of Homecomings Financial Network,
the wholesale mortgage division of GMAC
Mortgage, followed by 10 years as a Managing
Director at Homecomings in charge of
production and operations. Under Paul's
leadership, a top notch management team was
hired, a market leading on-line automated
underwriting platform was implemented and a
65% improvement in operational efficiency
was achieved....driving annual loan production
from $2 billion to $28 billion in the
process. Prior to joining the mortgage
industry, Paul spent 10 years with KPMG in the
financial services sector, leaving as a Senior
Manager in the audit practice. Paul earned a
Masters degree in Accounting while attending
the University of Arizona. He graduated
summa cum laude from Central Michigan
University with a Bachelor's degree in Business
Administration.
Paul Breimayer Tim McAvenia
SVP Business Development
Tim has a 25 year background in mortgage
sales, technology and process
development. As a top performing wholesale
and correspondent Account Executive at
Flagstar Bank, Tim originated $1.2 billion in
annual loan volume. Moving into an Area and
then Regional Sales Manager position, Tim
was instrumental in the development and
implementation of Flagstar Bank's
correspondent and warehouse lending
programs. He was also a key contributor to
Flagstar Bank’s online origination
platform. He was an early adopter of
technology to manage customer relationships
and increase the effectiveness of his sales
teams. Tim was also was heavily involved in
new product development and automating
compliance functionality. While the Western
Region Manager at Nationstar Mortgage, Tim
implemented a stronger sales structure,
technology and metrics to grow production
and profitability. As a Vice President at Torrey
Pines Bank, Tim managed warehouse lending
and specialty finance products related to
residential mortgages. Tim graduated from
the University of California, Santa Barbara,
with a Bachelor's degree in Economics.
INTRODUCING AMBS