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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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Email

1 credit

r•••••••@northtexascdc.com

Phone

5 credits

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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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