Will Porter
About the Candidate
Summary
Capital Markets Analyst specializing in the mortgage industry adept at analyzing and interpreting data sets, mortgage loans and pricing execution as well as monitoring market trends and building data interpretation models, seeking a position in the financial services industry
Education
University of Maryland | January 2006 – December 2009
Bachelor’s Degree in Economics | College Park, Maryland
Gilman School | September 1994 – June 2005
High School Diploma | Baltimore, Maryland
Employment History
Senior Capital Markets Analyst | May 2019 – December 2022
Planet Home Lending, LLC | Columbia, Maryland
Analyzed bid tapes up to $170 billion daily volume of whole mortgage loans for bid/purchase on the Mandatory Bid Desk
Provided sellers with loan level bid prices and confirmations for loans purchased each day
Processed AOTs (Assignment of Trade) between selling party and Planet’s securitization department
Provided monthly industry volume reporting to upper management and the Board of Directors
Provided ad hoc market or mortgage volume analysis to management
Tracked daily market data such as coupon pricing, par rates, 10-year treasury etc.
Proficient in CompassPoint/CompassDirect Pricing Engine for bidding on correspondent loans
Registered and locked daily purchased loans in Blue Sage for seller to deliver documented file
Provided upper management with end-of-day volume summary that was bid/purchased, broken down by product/seller
Helped to train each new employee hired for the mandatory bid desk
Capital Markets Manager | September 2017 – April 2019
Capital Markets Analyst | February 2016 – September 2017
New Day Financial, LLC | Fulton, Maryland
Managed and distributed daily and monthly reports for company and executives
Built data models using SQL and Excel for various pipeline analysis, product pricing, and best take-out execution
Proficient in LendingSpace LOS and Powerseller
Set daily interest rates and oversaw lock desk of >$200mm in production volume per month
Managed hedging model, forward commitments, TBAs, pair offs, rolls and settlements for correspondent sale and MBS issuance
Managed loan allocation, pooling, GNMA securitization, and correspondent sale and ensured timely delivery and purchase
Originated and sustained relationships with current and new correspondent partners and broker dealers
Managed and ensured company compliance with MERS, Inc. policies an annual audit
Member of the Sub-Servicing Oversight & Loss Mitigation Committee
Co-created company’s new rate lock policies and procedures
Co-created company’s new correspondent flow delivery process
Senior Loan Processor | January 2013 – February 2016
New Day Financial, LLC | Fulton, Maryland
Provided support to the sales and underwriting department to facilitate fast processing speed of VA loan files
Assembled and verified loan documentation including borrower information, income, credit, appraisal, disclosures, title insurance
Managed pipeline of 50+ VA loans, 25+ closes per month with approximately 50% closing in less than 20 days from ‘In Process’ date
Received a company ‘Outlier Award’ in 2014
Core Competencies & Training
Microsoft Excel, Word, Powerpoint, Outlook, SQL
CompassPoint/CompassDirect, Black Knight LendingSpace LOS, Black Knight Optimal Blue, Blue Sage, Powerseller, MCT, Resitrader, Refinitiv
Wholesale and Correspondent Loan Delivery, (Buy side and Sell side)
Market Analysis, Pricing Analysis, Ad hoc analysis
Assignment of Trades (AOT)
Mortgage Pipeline Hedging Strategy
Secondary Marketing and Mortgage Loan Pipeline Reports
GNMA MBS Securitization
Mortgage Loan Processing
School of Mortgage Banking, Course I
Education
Experience
Analyzed bid tapes up to $170 billion daily volume of whole mortgage loans for bid/purchase on the Mandatory Bid Desk
Provided sellers with loan level bid prices and confirmations for loans purchased each day
Processed AOTs (Assignment of Trade) between selling party and Planet’s securitization department
Provided monthly industry volume reporting to upper management and the Board of Directors
Provided ad hoc market or mortgage volume analysis to management
Tracked daily market data such as coupon pricing, par rates, 10-year treasury etc.
Proficient in CompassPoint/CompassDirect Pricing Engine for bidding on correspondent loans
Registered and locked daily purchased loans in Blue Sage for seller to deliver documented file
Provided upper management with end-of-day volume summary that was bid/purchased, broken down by product/seller
Helped to train each new employee hired for the mandatory bid desk
Managed and distributed daily and monthly reports for company and executives
Built data models using SQL and Excel for various pipeline analysis, product pricing, and best take-out execution
Proficient in LendingSpace LOS and Powerseller
Set daily interest rates and oversaw lock desk of >$200mm in production volume per month
Managed hedging model, forward commitments, TBAs, pair offs, rolls and settlements for correspondent sale and MBS issuance
Managed loan allocation, pooling, GNMA securitization, and correspondent sale and ensured timely delivery and purchase
Originated and sustained relationships with current and new correspondent partners and broker dealers
Managed and ensured company compliance with MERS, Inc. policies an annual audit
Member of the Sub-Servicing Oversight & Loss Mitigation Committee
Co-created company’s new rate lock policies and procedures
Co-created company’s new correspondent flow delivery process
Managed and distributed daily and monthly reports for company and executives
Built data models using SQL and Excel for various pipeline analysis, product pricing, and best take-out execution
Proficient in LendingSpace LOS and Powerseller
Set daily interest rates and oversaw lock desk of >$200mm in production volume per month
Managed hedging model, forward commitments, TBAs, pair offs, rolls and settlements for correspondent sale and MBS issuance
Managed loan allocation, pooling, GNMA securitization, and correspondent sale and ensured timely delivery and purchase
Originated and sustained relationships with current and new correspondent partners and broker dealers
Managed and ensured company compliance with MERS, Inc. policies an annual audit
Member of the Sub-Servicing Oversight & Loss Mitigation Committee
Co-created company’s new rate lock policies and procedures
Co-created company’s new correspondent flow delivery process
Provided support to the sales and underwriting department to facilitate fast processing speed of VA loan files
Assembled and verified loan documentation including borrower information, income, credit, appraisal, disclosures, title insurance
Managed pipeline of 50+ VA loans, 25+ closes per month with approximately 50% closing in less than 20 days from ‘In Process’ date
Received a company ‘Outlier Award’ in 2014