Ms Julie Cline
Preferred Realty Partners LLC
22 Hidden Valley Rd
Monrovia CA, 91016
Entrepreneurial ~ Business Developer ~ Certified Mortgage Technologist
Preferred Realty Partners, LLC 1/2006 - Present
Los Angeles, CA
Full service residential mortgage brokerage; business-to-business consultancy specializing in mortgage technology and business process management.
No Red Tape Mortgage 5/2003-12/2005
Sherman Oaks, CA
Chief Operations Officer (9/04-12/05)
Grew market share to become the 19th largest Alt-A lender in the country in 2005, as listed in National Mortgage News; over $3 billion funded 2005.
Researched, developed and implemented the first proprietary jumbo-only Automated Underwriting System, in partnership with Commerce Velocity.
Led team that developed the first electronic pool delivery to Wall Street investors, making NRT an industry leader in e-mortgages.
Led team that developed and re-branded company website that was awarded
Mortgage Technology's prestigious "Website of the Year" award in 2005.
Senior Vice President of Operations (5/03-9/04)
Recruited senior team; built staff from 44 to 180+
Created efficient workflows to reduce turn-times and production costs while
increasing production volume and ultimately, net revenue.
Led management team in creating and implementing the first truly end-to-end paperless process in the industry in partnership with Blitzdocs (Xerox).
Indy Mac Bank F.S.B / Loanworks.com 11/01- 04/03
A de novo Division, Pasadena, CA
Vice President of Operations
Increase in funded loan production from $24 million average to $85 million.
Built entire "back-end" operation; document drawing; funding and post-closing.
Corrected and shipped over $20 million of deficient loan inventory; reduced kick out rate from 17.9% to less than 3% per month for business unit.
-Loan.com, Inc. 06/00-03/01
Director, Mortgage Banking
Co-Directed highly successful turnaround efforts, resulting in $1 billion in funded loans in 2000, an almost 40% increase over the prior year
Increased loan production from 330 to 844 units per month
Streamlined procedures; re-engineered process flow and restructured teams to maximize efficiencies and reduce errors.
Gulfstream Financial Services 06/1992-05/2000
Director of Retail Sales (1999-2000)
Motivated staff to close $100 million funded volume in 1999
Significantly decreased payroll expenses; restructured staff, compensation program and training procedures to save company $400,000+ annually.
Implemented cutting edge software applications that automated workflow .
Retail Sales Manager (1997-1998)
Personally originated almost $20 million in loan volume.
Manage 18 retail branches from NC to CO
Substantially decreased paperwork requirements by re-designing and implementing effective tracking and reporting procedures.
Developed and implemented a highly effective review system for managers that reduced regulatory compliance errors by 58%.
Branch Manager/Regional Manager (06/1992-12/1996)
Supervised 7 retail branches in 2 states (NC and SC).
Developed and implemented job descriptions and performance objectives for all retail branch sales and operations positions.
Awarded "Top Producer" '94,'95,'96
University of Maryland at College Park, College Park, MD
Bachelor of Arts/Liberal Arts (1984)
Bachelor of Arts/Liberal Arts (1985)
Certified Mortgage Technologist (2005) M.B.A.A.
Real Estate Broker license # 01743818 (2006) CA D.R.E.
Certified Mortgage Consultant (12/08) N.A.M.B.