Richard Grimes
VP Loan Origination at North Texas Certified Development Corporation
Based in Plano, United States
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Seniority
Vp
Department
Finance & Accounting
Location
Plano
Industry
Financial Services
Company size
16
Contact information
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r•••••••@northtexascdc.com
Phone
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Background
About Richard Grimes
Senior Commercial Banker with extensive experience in loan production, portfolio management, loan review, loan workouts, credit underwriting, risk management, and loss mitigation. Key Areas of Expertise- Commercial Loan Underwriting/Loan Review - Management and resolution of non-performing/distressed loan portfolios - Management & disposition of Owned Real Estate (ORE)- Due Diligence/Underwriting of Loan Portfolios - Manage multiple distressed commercial loans requiring well thought out exit strategies. Accomplishments- Originated $24M in SBA 504 Loans - Managed 8 member asset management team for resolution and disposition of $250MM commercial loan portfolio of failed bank- Reduced Classified Loan Portfolio by 81% of bank under Consent Order
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