Mr. Nitin Dave has 35 years’ experience in Mortgage Banking, Consumer Banking, Investment Banking, Commercial Lending, and Mortgage Servicing Operations
5 Years at Arthur Andersen, 25 years at FannieMae, 2+ years at Citizens Bank, and 7 Years at Pinnacle Financial Corporation / Southern Trust, - FannieMae, FreddieMac and GinnieMae approved Sellers/Servicers as the head of Servicing & Securitization.
One of the key roles and responsibilities at FannieMae, for 5+ years, was the Oversight Responsibilities of FannieMae’s Top 25 Servicers, who Serviced almost 75% of FannieMae’s Servicing Portfolio, that included - Chase, Wells, BofA, Citi, WaMu, Countrywide, BB&T, US Bank, Cenlar, Regions Bank,
Besides his vast experience, Nitin Dave holds two undergraduate degrees, an MBA, CPA & a Chartered Accountant's designation (comparable to CPA) from India. He is a graduate of the School of Mortgage Bankers Association of America, and has strong Public Accounting experience as well.
He is one of the few professionals with mortgage banking experience in Customer Engagement, Development / Management, and in BOTH ―front-end (Origination, Processing, Underwriting, Credit/Risk management, Emerging Markets, and Capital Markets /Secondary Marketing), and, ―back office Operations (Servicing, Investor Reporting, Quality Control, Post Closing, Risk management, and Securitization — MBS, PC, REMIC, CMO, REIT, and other structures) with strong financial analysis skills because of his Public Accounting background.
Nitin’s background includes demonstrated skills in Marketing (Account Management), substantial contribution to FannieMae’s Congressional Goals through Emerging Markets outreach, Ombudsman for ABA, ICBA, NBA & ALFI to cultivate relationships with Banks, Mortgage Banking firms, & Credit Unions, across the country, Servicing Management including - Default Administration, Loss Mitigation, HAMP, HARP, Foreclosure, Bankruptcy and REO Administration; Escrow Administration, Investor Reporting, Remitting & Reconciliations, QA, QC & Compliance Operations, Secondary Marketing executions via Cash and Securitization, & Financial Management,
Nitin participated in creating International Housing Finance Systems (on behalf of FannieMae and The Urban institute) in Russia, China, Slovakia, Greece, Poland, Thailand, South Africa.
Nitin Dave has been a well-recognized Speaker at the National & Regional MBA Conferences. He has been on FannieMae, FreddieMac and GinnieMae as well as HUD / CFPB Panels. He has participated as a Speaker, every year, since 2012 at the MBA’s Eastern Secondary Conferences; as well as, the IMN Servicing Rights Conferences in New York every Year, since 2013, where the attendees are from Financial Institutions world-wide, He will be a speaker at the upcoming IMN Risk Management Conference in California in October of 2017. He has been on the National MBA’s Education and Diversity Committee for many years.
5400 Broken Sound Blvd. NW #600 Boca Raton, FL 33487