David Griggs – Principal
Consulted on a $30 million deal for Cerberus Capital to acquire an existing mortgage originator and establish a new mortgage company called First Key.
Consulted for Goldman Sachs Liberty Harbor Fund to establish an independent servicer in the residential mortgage space. The Liberty Harbor Fund is a $4.6 billion fund which invests in mortgages and mortgage-related securities.
President of Aegis Funding Corporation. David was responsible for overseeing 5 Regional Operation Centers throughout the U.S. and 953 employees which included an Operational Staff of 445, 5 Divisional Vice-Presidents, 38 Sales.
Managers and 456 Account Executives. These operations produced over $8.4 billion in annual volume.
Senior Vice-President of CountryWide’s Eastern Division. David built the division from the ground up and it ended up including over 355 employees and generating $6.12 billion in annual volume. Increased monthly closed loan volume from $118 million to $305 million.
Regional Vice-President of New Century Mortgage. David managed a staff of 135. He increased annual loan volume from $361 million to $951 million.