Nathan Paul Adams

Responsible for the review of commercial appraisals prepared for the bank by external appraisers to ensure the use of appropriate methodologies, assumptions, reconciliation and value reasonableness in the context of assessing the real estate collateral as part of the strategic risk management of the banks $10 billion global commercial real estate portfolio. Responsibilities include:

• Liaison between senior bank leadership, underwriters, loan staff and outside appraiser vendors in the on-going support of valuation assessments, compliance, best-practice methodology, documentation and compliance with institutional, state and federal regulations.

• Research commercial real estate transactions and data on a national basis utilizing resources such as CoStar and LoopNet.

• Utilize the Real Estate Information Management System (RIMS) to manage the appraisal process.

Hired to develop, lead, manage the company's $20.9 million real estate land portfolio, and actively source real estate investment opportunities both domestically and globally in targeted markets by initiating and continually cultivating professional relationships with top growers, developers, and brokers to gain access to off-market transactions as they become available for National Pecan, a private equity platform owned by Blue Road Capital. Developed asset strategies to purchase and lease based upon valuation reporting, financial analysis and model cash flows including joint venture equity structuring. Evaluate return metrics-IRR's etc. Prepared and presented prospective real estate opportunities to the board of directors for initial and final approval. Negotiated real estate transactions, structuring and negotiating letters of intent and coordinated due diligence. Monitored market trends in value, cost and supply/demand fundamentals to identify opportunities to add value through repositioning of the owned real estate assets and make recommendations accordingly. Participated in the annual budgeting process. Instrumental in building one of the world's largest vertically integrated pecan companies. Achievements:

• Successfully researched, identified and negotiated nationwide land acquisition opportunities, generating $42.5 Million in new real estate assets. Efforts resulted in 48% increase in owned real estate, positioning National Pecan as one of the top pecan producers in the United States.

• Architect of a completely customized system which identifies exact locations of pecan trees with the capability to report ownership and acres of pecans per parcel throughout the United States.

• Developed and supervised real estate department team.

• Initiated and assisted with the development of real estate opportunities in Mexico and South Africa.

• Through owner/grower relationships, developed opportunities to add value by sourcing 500 tons of in-shell pecans.

Senior Project Manager (2014 to 2015)

Position developed to assess existing and future strategies and objectives following the implementation of the well managed agenda for the Real Estate Technical Services Department. Key activities entail driving strategy and execute on high priority projects for the Real Estate Technical Services department. Responsible for creating clear and attainable objectives, building the project requirements, and leveraging problem solving and influencing skills to ensure project plans deliver on intent. Bridging the gap of understanding and discuss possible conflicts to either party, based on knowledge of the industry, to ensure key goals can be realized. Achievements:

• Partnering cross-functionally with project customers to provide strategic and tactical thought partnerships to effectively drive project delivery for department program and standard renewal.
• Designing, developing, and managing department regulatory audit project plans including, revising needs to meet changing requirements
• Coordinated and collaborated with key stakeholders to remediate prior internal findings with a long term goal of mitigating risk to the department.

Fulfillment Senior Manager (2010 – 2014)

Responsible for supervision of all residential operations with direct oversight of real estate collateral reviewers, processors and accounts payable. Maintain up to date knowledge of applicable laws, regulations and supervisory guidance issued by state and federal regulatory agencies and assessed impact on mortgage operations to avert risk while minimizing exposure to loss. Counsel subordinate employees regarding deficiencies or recurring problems associated with work efforts. Responsible for participating in the achievement of the Bank’s operating and business objectives for profitability, revenue growth, technology, quality, risk management, and growth of market share. Achievements:

• Supervise reviewers, evaluators, processors and accounts payable. Four senior level employees and twenty nine associates with monthly production loan amounts of $1.5 Million. Staff located in CA, LA, MD, MN, & TX.
• Responsible for collateral regulatory compliance with OCC examiners while interacting with all mortgage departments within Capital One Bank's framework in order to assure that all real estate valuation requests are in concurrence with federal regulations.
• Documented business cycle for department process, defined business requirements, executed recommended process efficiencies, audited process for compliance and published key findings. Results of activities achieved and maintained an SLA of 90% and greater to the line of business.
• Initiated and implemented a comprehensive appraisal checklist and multi-phase valuation training process for mortgage management and personnel.
• Successfully Identified and implemented valuation vendors and contractors which are utilized for various collateral valuation services by all mortgage channels within Capital One Bank.
• Developed an outline and lead a benchmark study leveraging third party resources to identify industry best practices relative to existing practices to enhance service level agreements.

Implemented and executed an ongoing monthly meeting with division heads to review ever changing real estate valuation impacts and explain key drivers affecting expenses and department expectations.

Provided repurchase/indemnification expertise on select loans while reconciling additional data to assist FNMA with credit loss management and anti-fraud initiatives. Responsible for coordinating FNMA’s relationship with assigned lenders as it relates to the repurchase/make-whole process and related collection efforts. Ensure lenders honor their rep and warrant obligations by working closely with the management of the NUC/CRT, counterparty, Credit Risk Management and Customer Account Management as needed on escalated items. Responsible for conducting retrospective valuation reviews of appraisal reports used by seller/servicers to support lending decisions and determine if they meet Fannie Mae guidelines, the Uniform Standards of Professional Appraisal Practice (USPAP) and other professional appraisal standards. Achievements:

• Initiated a process which consolidates multiple spreadsheets into one comprehensive reporting system utilized by management.
• Tapped to lead all indemnification efforts specific to Investment Banking and Securities firms.

Hired to develop and implement a comprehensive real estate valuation platform to manage collateral risk for an $8.4 billion portfolio of varied mortgage assets. The valuation platform is utilized in capital markets, servicing and origination for all Hudson real estate portfolios. Direct all facets of valuation operations, including contract negotiations, technology development, vendor management, risk management and relationship management as well as supervision/approval of work for full-time/contract personnel. Devise strategies in response to changing business opportunities. Achievements:

• Developed the department infrastructure, mapped out policies/procedures and hired/trained personnel while continually seeking opportunities to streamline productivity, efficiency and quality.
• Developed and supervise valuation due diligence team – Six senior level employees, contractors, 3rd party vendors, etc.
• Architect of a completely customized valuation management system which is utilized for valuation needs and reporting in capital markets, servicing and origination.
• Outlined platform concept, strategic plan and initiated total valuation process and reduced costs by $4MM first year for servicer.
• Initiated and implemented methodology for identifying short sale opportunities prior to REO state which yielded a $1MM annual revenue stream.
• Oversee valuation due diligence process at servicing subsidiary (Vericrest Financial)
• Establish and enforce valuation real property guidelines and standards for Hudson and Vericrest
• Met with ratings agencies (Fitch, Standard & Poor and DBRS) which yielded and increased rating for the servicer.
• Published internal monthly newsletter which focused on national and regional trends.

Hired to play a key role in shaping the newly established valuation group for the Fixed Income, Currency, and Commodities Division. As Valuation Manager, provided tremendous value in averting potential risk and trade losses associated with pooled loan securities ranging from $20 million to $800 million. Managed and coordinated service vendors in the development of the overall picture of collateral within each trade. Assessed risk inherent in traded products, determined acceptable levels of exposure related to real estate and communicated it to the firm’s trading desk and counter parties. Interfaced daily with contacts in operations, collateral management, controllers, treasury, legal, compliance, technology, sales, and trading. Determined and communicated overall risk for pooled loan securities. Finalized collateral reports for executive management and bond traders. Served as key resource on loans/pools of loans, with an emphasis on determining real estate value, identified incorrect valuations, and determined regional economic demographics and effects on marketability. Provided real estate expertise to Strategies, Default Services, Collateral Misrepresentation, and other groups company-wide. Achievements:

• Effectively led face-to-face due diligence with secondary market investors on trades to avert pricing issues and inaccurate assessments which saved millions in potential losses to the overall Goldman Sachs portfolio. Interfaced and negotiated with management to C-level corporate buyers and sellers in valuation analysis and resolved trade issues to benefit Goldman Sachs.
• Analyzed valuation tools and systems on an ongoing basis to determine viability in optimal portfolio review. Results enabled company to boost its bond ratings and determine overall associated trade risks by leveraging internal/external data resources.
• Enabled constituencies (Goldman Sachs, Avelo, Archon, Sendera, outside corporate buyers/sellers, individuals, etc.) to better grasp risk in portfolios and improve loan quality relative to real estate value by conducting real estate valuation training.
• Assisted with the development of valuation policies and management of vender services for mortgage securitization initiatives in the United Kingdom and Europe.

Responsible for conducting nationwide reviews of residential and multi-family property appraisals (up to $3 million). Scope entailed performing analysis, data research, and supporting commentary to reflect reasonable value conclusion. Achievements:

• Designed a real estate appraisal process course and delivered onsite training to 200 EquiBanc and First American underwriters.
• Developed presentations for upper management on collateral risk and advised on federal regulations in the appraisal industry.
• Architect of third-generation appraisal review program that enabled the Valuation department to directly interact with HSBC Mortgage Services Collateral Management System for the first time.
• Boosted productivity 50% within the Evaluation Review Group by creating program to track rebuttal submissions from sellers.
• Consistently delivered 110% over-production; ranked #1 in reviews of appraisals out of 12 other peers. Nominated for Strive to Drive Award; won Certificate of Recognition and Appreciation Awards; twice named division Employee of the Month.

Conducted real estate appraisals for multiple financial institutions; performed valuations on residential, commercial, and industrial real estate throughout the Memphis MSA (AR, MS TN).

• Appraiser - Statewide Appraisal Service, Inc., Memphis, TN. Conducted real estate appraisals for lending institutions, Probate Court, condemnation and tax purposes. Provided expert testimony of real estate values in Probate Court and on appeal with the Tax Board. Conducted valuation on residential, commercial, and industrial real estate throughout the Memphis MSA.

• Appraiser - Appraisal Associates, Kansas City, MO. Traveled extensively throughout central United States to conduct real estate analysis. Researched and published geographical, economic, and sales data for the Kansas City MSA.

B.S., Major: Finance/Banking

University of Alabama, Tuscaloosa, AL - 1997