Frederick McDonald
Angestellt, Vice President / Chief Appraiser / Due Diligence Officer, IDB Bank Of New York
New York City, Vereinigte Staaten
Werdegang
Berufserfahrung von Frederick McDonald
Bis heute 15 Jahre, seit Juli 2009
Vice President / Chief Appraiser / Due Diligence Officer
IDB Bank Of New York
Led initiative to streamline the Flood Certification, Real Estate Tax & Insurance coverage monitoring onto web systems for the Real Estate and Asset Based Loan portfolio. Improved Risk Management, Data Integrity, & exception tracking by consolidating these function’s Established the Real Estate Technical Services & Due Diligence, Loan Workout / Owned Real Estate (OREO)procedures and processes to minimize losses and risk. Provide pre-acquisition to the Managed Asset Department.
5 Monate, März 2009 - Juli 2009
Principal / Business Development
Loan Resolution Advisors
Loan Resolution Advisors provides advisory services to lenders or investors with problem real estate loans. The principals have an extensive background in originating real estate debt and equity investments and have extensive experience restructuring both secured and unsecured real estate debt. LRA also brings its unique perspective gained from our prior experience in acting on behalf of lenders and direct and indirect owners and investors in all levels of the capital structure.
7 Monate, Jan. 2009 - Juli 2009
Senior Consultant / Business Development
Coast Appraisers & Consultants Inc.
Fred McDonald has formed Strategic Business Alliances with Senior Real Estate Professionals which provides a wide range of seamless Advisory & Due Diligence Services including Investment Analysis, Underwriting Support, Advises on “green” alternatives to enhance property value, capture “green” tax incentives, and employ sustainable building systems, & Portfolio Management Activities. *Appraisals and Appraisal Reviews to FIRREA, FNMA, Freddie Mac requirements & USPAP compliance * Cost Segregation Studies
4 Jahre und 6 Monate, Juli 2004 - Dez. 2008
VP, Head of Technical Loan Services / Valuation & Due Diligence Advisory Service
HSH Nordbank, AG
Lead initiative to explore vendors for straight through processing system for Board approval for strategic IT platform (Misys–LoanIQ). Supervised team to insure documentation was readily available for FRB audit and ensuring capabilities to pledge loan to the FED and Syndications partners.Oversaw mandatory Basel II property re-appraisals to mitigate Economic Capital risks.Effectively supported growth in originations from $1 billion in 2004 to over $8 billion, in 2008 for real estate, project finance & energy
4 Jahre und 4 Monate, Apr. 2000 - Juli 2004
VP, Head of Loan Administration & Valuation, Real Estate
CALYON - CREDIT AGRICOLE CIB
Managed CRE loan administrators responsible for workflow related to loan closings, preparation of internal loan documents, assistance with ongoing portfolio management, and data accuracy functions relating to customer service relationships.Oversaw the maintenance and data integrity of the ACBS system for the RE group. Supervised, approved, reviewed, and evaluated due diligence consultants. Managed staff directly by providing training, measuring performance ensuring work is completed accurately.
7 Jahre und 8 Monate, Sep. 1992 - Apr. 2000
VP, Senior Commercial Appraisal Officer
THE DIME SAVINGS BANK of New York
Coordinated consultants and employees at Regional Savings bank with retail & corporate clients, and reviewed resulting commercial & residential appraisals for accuracy, methodology and compliance with FIRREA regulations, USPAP and FNMA guidelines. Extensively involved in portfolio evaluations and workout strategies for commercial lending divisions.Reduced appraiser report turnaround by over 50% in less than 6 months by moving to an automated tracking system. Supervised twenty to thirty direct reports.
Ausbildung von Frederick McDonald
2 Jahre und 5 Monate, Sep. 2001 - Jan. 2004
Real Estate Finance
New York University -Schack Institute of Real Estate
Sprachen
Englisch
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