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Matt Vernon

Matt Vernon

Matt Vernon is the Short Sale and Real Estate Owned (REO) Executive for the Home Loans and Insurance division of Bank of America, one of the world’s leading financial services companies and the nation’s leading mortgage servicer. Bank of America serves more than 59 million consumers nationally through its network of banking centers. Vernon is responsible for all aspects of the REO and Short Sales business. In this role, he will develop and implement new initiatives to manage and streamline the company’s real estate owned (REO) property portfolio and short sale processes. He is responsible for a national operations team that manages the high exposure and risks related to the business while providing foreclosure prevention solutions for distressed homeowners. He is also responsible for developing strong relationships with external to Bank of America partners to achieve business and industry objectives. In his role he will also integrate with Bank of America’s Mortgage sales teams to deliver a world class customer experience to consumers and real estate industry partners.Prior to this, Vernon led the Enterprise Sales organization, which consisted of mortgage origination and cross sales through the nationwide banking center network of over 6,000 banking centers, the Premier Banking business, and the US Trust Wealth Management business. He also has led the bank’s Consumer Real Estate retail sales channel which included sales offices across the country and thousands of mortgage loan officers. Earlier, Vernon served as Consumer Sales Process and Management Executive in the Consumer Real Estate organization, primarily supporting the retail sales channel and leading the national internal support team for the business.Vernon joined Bank of America as a management associate in 1994 in the Baltimore consumer bank where he worked as a Banking Center Manager and then advanced to subsequent broader leadership responsibilities in multiple markets culminating in his appointment as the Division Sales Executive for the Mid-Atlantic Consumer Bank responsible for Consumer Sales activities across 600 banking centers and 5,600 associates in five mid-Atlantic states. Also, he performed a strategic and critical role in the development of the National Sales Playbook, Selling the Bank of America Way, and the Daily Coaching Huddle.Vernon is a graduate of High Point University in North Carolina with a BA in Business Management and Administration.