Banco Popular de Puerto Rico

Steve Bancroft became the Executive Director of the Detroit Office of Foreclosure Prevention and Response in July 2008, coming from being President and CEO of Commonwealth Holdings, a subsidiary of Community Workforce Trust, which produced workforce housing development around the country. Prior to entering the private development field, Bancroft spent 36 years in the ordained ministry of the Episcopal Church, serving the last 23 of those years in downtown settings in Houston and Detroit, 14 years as the Dean of the Cathedral in Detroit. In those capacities he was involved in numerous non-profit development projects totaling in the hundreds of millions of dollars. They included the creation of Tax Incremental Refinance Zone #2 in Midtown Houston, to managing the refinancing and development of RTC housing, to low-income senior housing and redevelopment of historical buildings. He used a broad range of financing: HUD Section 202, Section8, Section 108; low-income tax credits, historic tax credits, tax-exempt bonds, public pension funds, and conventional financing. In the 1980-90’s he was Chairman of Housing Opportunities of Houston, the public/private entity charged with dealing with the foreclosure crisis in Houston that helped manage the disposition of Resolution Trust Corp (RTC) housing.Bancroft is a native of Houston, Texas and a graduate of Texas A & M in history and economics and has a Masters in Divinity from Virginia Theological Seminary.

After a successful battle with fraudsters in Georgia prompted by “property flipping” that threatened her own family’s home, Ann Fulmer came to national attention when her story was featured in People magazine. Fulmer is a nationally recognized speaker who has illuminated the hidden costs of mortgage fraud to title insurers, mortgage bankers, brokers and servicers, realtors, appraisers, state and federal regulatory and law enforcement agencies, and community groups. Her determination to protect her family and community led to the development of the Georgia Real Estate Fraud Prevention and Awareness Coalition, Inc. (GREFPAC). Fulmer is a co-founder and immediate past president of GREFPAC, a coalition of representatives from every segment of the real estate and lending industries, state regulators, local, state and federal law enforcement agencies and neighborhood victims. GREPAC’s success identifying fraud rings and its assistance in criminal prosecutions has garnered national recognition and serves as a model for fighting mortgage fraud.As a lawyer, Fulmer spent several years litigating insurance fraud cases. She has also served as an Assistant District Attorney prosecuting white collar crime, as a private detective specializing in mortgage fraud and as a civil litigator representing lenders in mortgage fraud cases. Fulmer’s expertise is often sought for assistance in researching and analyzing fraudulent transactions, identifying fraudulent schemes and perpetrators, and in the preparation of evidence for prosecutions.

Evan Nemeroff joined SourceMedia in January 2011 as a reporter for Mortgage Servicing News� Managing REO. Topics that he writes about includes REO asset management, loan modifications, foreclosures, default servicing, property preservation and inspections. He also covers fraud and risk management for National Mortgage News. Nemeroff is a graduate from the University at Buffalo where he studied communications and public relations.

A twenty-five year veteran of the industry, Michael spent most of his career at Chevy Chase Bank, including ten years as director of its secondary marketing operation. His more recent experience was with HECM lending, as co-founder of a bank-owned firm that originated reverse mortgages through a network of community banks and credit unions. He just recently joined Ginnie Mae, where he is responsible for the management of its relationships with its issuers.

Kite joins Wingspan from Fannie Mae, where he spent three years as the MIS director, building out the Credit Performance Management reporting infrastructure. He began his career with Freddie Mac in 1984, where he spent 20 years in multiple technology roles, providing key resources for the GSEs’ tremendous growth in portfolio size and technological sophistication. Kite left Freddie Mac in 2005 to work for Resurgent Capital Services, a subsidiary of Sherman Financial, where he served as a senior director and led operations and analytic teams. Steve Horne, Wingspan Portfolio Advisors’ CEO, who was working for Resurgent at the time, was responsible for hiring E.J. Kite. “Five years later, we were successful in bringing E.J. to Wingspan,” says Horne, who founded the company in 2008. “We are experiencing exponential growth in the current environment of high defaults and the great interest in enhanced servicing solutions resulting from ‘Foreclosure-Gate’ and Dodd-Frank,” he notes. “The precision of the workflows we require means that information needs to be available to our people quickly and with great accuracy. That’s where E.J.’s talents and experience come into play,” Horne says. “We’ve been very technology focused since the start, and adding E.J. to our team will take us to even higher levels of technology sophistication.” Wingspan was named “Servicer of the Year” by Mortgage Technology magazine for 2009-2010 for its success with technology.Kite is highly experienced in creating infrastructure to manage large volumes of complex mortgage information and delivering it in highly useful form for finely directed applications, employing a methodology he calls the “Results-Oriented Approach.” Designed to achieve impressive results by integrating teams and aligning information and users with great precision, Kite feels his methodology is perfect for Wingspan’s very successful high-touch approach to extremely challenging borrower situations. “Wingspan Portfolio Advisors performs one of the most difficult tasks in the lending industry,” Kite says, “bringing borrowers back from the brink of foreclosure and restoring value to loans that were considered hopeless. I am excited about the challenge and committed to bringing everything I’ve learned in my 26 years of experience to this dynamic company.”