Peter Weigold

Background

About Peter Weigold

Professional Qualifications: • Senior Capital Markets and Risk Management professional with extensive experience managing multibillion-dollar mortgage pipelines, identifying and mitigating interest rate, product, credit, counterparty, compliance and strategic risks. • Broad and in-depth understanding of mortgage loan origination, operations, servicing, securitization, credit risk, accounting and strategic planning. • Expertise in all secondary marketing executions including best efforts, mandatory flow, mini-bulk, forward commitments, MBS securitization, co-issue, agency flow with retained or released servicing. • Incorporate best practice pricing and trading fundamentals including the use of both OTC and exchange traded options to mitigate fall-out risk. • Understand the unique pricing and hedging demands of all three origination channels; retail, wholesale and correspondent. • Extensive experience managing Agency (FNMA, FHLMC, GNMA), broker/dealer, correspondent aggregator and 3rd party vendor relationships including initial approval and ongoing negotiated contract renewals. • Have advised both FNMA and FHLMC on whole loan bidding process improvements. • Understand the planning and resource requirements needed to implement hedging and pricing software having led the process for QRM, Compass Analytics, Optimal Blue and PowerSeller system integrations. • Strong work ethic, excellent communication skills, and a lead by example management style with an ability to motivate and mentor staff to achieve corporate objectives. • Strong industry contacts and relationships with FNMA, FHLMC, correspondent aggregators and the broker/dealer communities.