ATLANTA, Ga., Sept. 6, 2018 (SEND2PRESS NEWSWIRE) — Paladin Advisory Services, LLC, is pleased to announce that mortgage loan quality subject matter expert John Gray, CFE, CAMS, has joined its team. Gray will drive Paladin\u2019s forensic loan file review programs and enhance its offerings in strategic guidance and training for mortgage lenders.<\/p>\n
![\"John](\"https:\/\/www.send2press.com\/wire\/images\/18-0906-john-gray-696x522.jpg\" "\\"John")
\nGray\u2019s prior experience includes working as senior vice president of repurchases at CITI, senior vice president of investigations at JP Morgan\/Chase, and senior vice president of fraud prevention at Bear Sterns\/EMC Mortgage. He has conducted highly confidential internal white-collar criminal investigations, including misappropriation of funds, and presented educational training programs for the MBA, the FBI, and more.<\/p>\n
“John is a legend in the industry, having been at the forefront of the fight to maintain data integrity for lenders since his days as a charter member of Freddie Mac\u2019s first investigative unit to his days resolving repurchase issues to the tune of $1.5 billion in recoveries for CITI Mortgage,\u201d said Ann Fulmer, J.D., principal, Paladin Advisory Services. <\/p>\n
![\"Ann](\"https:\/\/www.send2press.com\/wire\/images\/18-0906-ann-fulmer-696x522.jpg\" "\\"Ann")
\n\u201cJohn\u2019s experience assessing and mitigating risks posed by correspondents and vendors, coupled with his deep understanding of all aspects of the mortgage origination process, makes him an invaluable resource for mortgage lenders and for Paladin.<\/p>\n
\u201cWith fraud reports on the rise, the timing couldn\u2019t be better,\u201d she added.<\/p>\n
\u201cToday\u2019s market is very similar to the market just before the \u2018mortgage meltdown\u2019 occurred. Although loan quality is up significantly since then and loan performance is very good, there are warning signs on the horizon,\u201d Gray said. \u201cVolumes are down, underwriting standards are being loosened, and the average American lives paycheck to paycheck.<\/p>\n
\u201cIt\u2019s no wonder that old frauds like flipping and the use of straw buyers are on the rise, or that new frauds \u2013 like the wire fraud committed via comprised business email channels \u2014 are becoming more common,\u201d he said.<\/p>\n
\u201cLenders should take advantage of today\u2019s relatively benign conditions to prepare for what will be challenging times when the economy eventually turns down again,\u201d Fulmer cautioned. \u201cIf we learned only one lesson from the economic crisis, it should be that preventing bad loans is a whole lot cheaper than trying to clean up afterwards.\u201d<\/p>\n
Headquartered in Atlanta, Georgia, Paladin Advisory Services provides forensic file reviews, strategic guidance on improving operational proficiencies in the quest for better data integrity and provides custom training materials and presentations for lenders and affiliated industries.<\/p>\n
Media Contact:<\/strong> *Image links for media: ATLANTA, Ga., Sept. 6, 2018 (SEND2PRESS NEWSWIRE) — Paladin Advisory Services, LLC, is pleased to announce that mortgage loan quality subject matter expert John Gray, CFE, CAMS, has joined its team. Gray will drive Paladin’s forensic loan file review programs and enhance its offerings in strategic guidance and training for mortgage lenders.<\/p>\n","protected":false},"author":7302,"featured_media":39716,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,124,1,384,38,123,317],"tags":[205,10262,9588],"class_list":["post-39736","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-atlanta-news","category-business-news","category-consulting-news","category-finance-news","category-georgia-news","category-career-news","tag-depthpr","tag-forensic-loan-file-review","tag-mortgage-qc","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":6873,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/39736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/7302"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=39736"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/39736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/39716"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=39736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=39736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=39736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nFor more information, contact Ann Fulmer at 404.626.9916 or AFulmer@PaladinAdvisoryServices.com.<\/p>\n
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