Ricardo D. Scott, Sr. 1555 Heath Lane Marietta, GA 30062 (770)714-0908 rs136d55e@westpost.

net Executive Management - Sales and Operations Sales Management - Operations Management - Product Development - Loss Miti gation Specialist A results driven senior executive with a twenty-eight year record of achievemen t and demonstrated success in the sales/ marketing, product development, servici ng and workout/loss mitigation of the residential construction market and constr uction lending field. Extensive knowledge of the building process, background in cludes expertise in many facets of the construction lending environment. Experie nced in program and platform development/implementation, sales and management tr aining, loan servicing, workflow procedures, portfolio management, risk assessme nt/mitigation, and loan resolution/workouts. Business Skills Marketing/Sales Training/Sales Management * Managed all operations, sales training and portfolio servicing for constructio n/home improvement financing related products nationally. Department realized i n excess of $1,000,000 net income annually and realized a 400% production volume increase in less than two years. * Managed sales staff in excess of 300 loan officers with yearly total productio n volume in excess of $100,000,000. * Managed all aspects of Retail and Wholesale business units for the Eastern Div ision of the United States consisting of twelve states. * Supervised a staff of 110 employees located in twelve retail branches and two wholesale operations. * Effective oral and written communicator who has created and conducted product sales training for in excess of 1000 retail loan officers, loan brokers, realto rs and builders. Program/Platform development * Headed product development and product implementation of a full line of constr uction lending products, including one time close construction permanent and one time close home improvement financing. Managed a staff of 25 employees. * Experienced in loan delivery contracts, variance and waiver negotiations with FNMA/FHLMC/HUD, Institutional Investors and Conduits. * Managed national third party vendor relationships (MI companies, Title Compan ies, Appraisal & Progress Inspection Firms) * Expertise in Capital Market executions, mortgaged backed securities agency cas h windows and whole loan sales. * Experience in dealing with OTS Audits/Auditors and national CPA Firm Audit/Due Diligence reviews. Portfolio Management/Workout/Loss Mitigation * Created and managed a national construction portfolio servicing platform consi sting of 15 employees and servicing in excess of 400 loans. Portfolio consisten tly exhibited a delinquency percentage less than 3%. * Managed workout/loss mitigation project of a third party warehouse lending lin e consisting of 144 construction loans with total outstandings of $144,000,000. All projects were worked out to completion/disposition with no financial loss re alized. * Managed the disposition of construction loans consisting of projects in variou s stages from no-start takeovers to construction completed to ensure timely modi fication of terms to end loan product and/or resolution under external refinance , short sale, private note sale or foreclosure-REO. * Management responsibility and negotiation of construction loan workout solutio ns in declining markets, abandoned projects, general contractor replacement, bui lder-borrower dispute resolution, project re-budgeting, property preservation an d lender placed insurances.

Professional Experience GMAC/Ally Bank, Fort Washington, PA 2006 to 2010 Eastern Regional Risk Manager, Construction Lending Workout Manager - Special Projects Old Kent Mortgage Company/Guaranty Bank, Atlanta, GA 1997 - 2006 Senior Vice President of National Construction Lending Essex First Mortgage Company, Richmond, VA 1992 - 1997 Senior Vice President/Director of Marketing Atlantic Residential Mortgage Company, Richmond, VA 1990 - 1992 Loan Originator Goldome Realty Credit Corp., Buffalo, NY 1983 - 1989 Assistant Vice President Education Virginia Polytechnic Institute & State University, Geology 1978