Tyrus Stephens

Little Elm, TX, *****

630-***-**** adg8uh@r.postjobfree.com

www.linkedin.com/in/tystephens/

REO Asset Manager

Highly organized and goal-focused REO Asset Manager with over 15 years of expertise managing portfolios, operations, and customer satisfaction. Skilled at establishing process improvements that advance performance levels and drive company objectives. Demonstrated excellence in building and driving superior operation success, real estate, and strategic planning.

Asset Management

Business Development

Finance Management

Relationship Management

Cross-Functional Leadership

Real Estate Analysis

Vendor Development & Management

Project Management

Claims Adjustment

Effective Communication

Professional Experience

Fay Servicing – Chicago, IL

REO Asset Manager, 2017 – 2020

Regulated portfolios with 240 assets for the companies’ largest client. Foster exemplary working relationships with clients to build customer loyalty. Monitored repair bids for accuracy, repair processes, lease negotiations, purchase negotiations, and development of repair strategies. Handled the repair and divestment of high valued properties worth millions. Altered policies and procedures to include the use of virtual staged photos and professional photos for a majority of MLS listings.

Championed rehab project management and delivery totaling more than $3.3M.

Successfully sold more than 450 properties with a $140M return.

Generated an average of 108% ROI for clients.

Earned a Top Producer Award on multiple occasions.

BSI Financial Services – Bethesda, MD

REO Senior Asset Manager/REO Project Manager (Remote), 2015 – 2017

Advised the company on new ideas and platforms that enhanced workflow and processes. Led the management of a portfolio consisting of 120 assets. Held responsibility for lease agreement negotiations, purchase agreement negotiations, disposition strategies, identification of potential agents and brokers, as well as an examination of broker price opinions.

Slashed costs through the identification of fault vendors and insurance claims yet to be filed.

Spearheaded innovative ideas that boosted business and secured the highest turn/liquidation rate.

FSP Contracting Services – Aurora, IL

Operations Manager, 2010 – 2015

Forged strong contracts with national property preservation companies, brokers and homeowners throughout the Chicago area. Instructed crews on VA, FHA, and Fannie Mae preservation requirements. Oversaw all facets of rehabilitation and remodeling of projects.

Pioneered the successful development and implementation of an accounts payable and receivable system.

Bolstered productivity and revenue through the use of web and cloud-based technologies.

Achieved preferred vendor status, appointed as a key point of contact for special projects.

Identified problems in bid preparations and properties that require immediate resolution.

AMC Mortgage Services/Citi Residential Lending – Schaumburg, IL

REO Asset Manager, 2005 – 2009

Formulated innovative marketing plans for agents. Supervised Asset Managers and promoted teamwork in positive environments. Expertly negotiated real estate transactions and high percentages of CFK’s. Assessed broker price opinions and appraisals to identify marketability. Generated innovative and creative incentives to attract buyers and sell homes.

Aggressively negotiated the disposition of 25% to 39% of active portfolios.

Streamlined the management of a real estate portfolio of more than 300 real estate owned properties in multiple states.

Additional Experience:

President, Diversified Investments Group Inc., Montgomery, IL

Education and Credentials

Bachelor of Science in Finance

Western Governors University – Salt Lake City

General Studies

Waubonsee Community College – Sugar Grove, IL

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