JOHN J. SOUSA, JR.
Belmont, MA 02478
Summary
Over 25 years of mortgage banking experience as Executive Manager of an independent mortgage company, bank-owned mortgage banking subsidiaries and an Independent Mortgage Acquisition company.
Professional Experience
Prime Valuation Inc Woburn, MA
Senior Inspector 2009- Present
. Responsible for inspecting residential properties located thru-out the greater Boston area
and reporting conditions
BANK OF NEW ENGLAND Salem, NH
Vice President-Commercial Lending 2008-2009
. Responsible for the origination of Commercial mortgages in the banks lending area
. Managed a group of five lenders
BUTLER BANK Lowell, MA
Vice President- Sales 2004- 2008
Responsible for the sales and underwriting effort of the residential and construction areas of the bank.
Managed 10 originators in two states.
Open in 2005 a LPO in Kennebunk, ME.
Closed $85,000,000 in new production in 2005.
ROCKLAND TRUST CO. Middleboro, MA
Vice President- Sales Manager 2003-2004
Responsible for the sales effort of the residential lending area including four loan production offices. Each office includes a loan productions manager and four to eight originators.
2003 monthly production averaged $25,000,000 with the 2004 budgeted goal of $500 million.
Coordinated with 54 banking branches, commercial lending groups, investment groups and marketing to develop bank wide mortgage efforts.
Developed a complete mortgage menu to include sub-prime, conforming and jumbo products.
WARREN FIVE CENT SAVINGS BANK Peabody, MA
Vice President 2002-2003
Responsible for the residential lending area which includes five (5) originators and underwriting personnel.
2002 volume in residential loans will be $130,000,000.
INSTITUTIONAL MORTGAGE ACQUISITION CORP. Wakefield, MA
Managing Director 1997-2002
IMAC is involved in the buying and selling of a variety of residential mortgages, consumer loans,
and commercial loans.
In 2000, IMAC purchased in excess of $60,000,000 in residential mortgages.
IMAC worked with a major New England lending institution in the sale of $100,000,000 in loan servicing by others (LSBOs).
GRASSO APPRAISAL SERVICE, INC. Burlington, Vice President, Business Development 1995-1997
Responsible for managing 60 customers in three states which produced 3,600 appraisals on an annual basis.
Education
BS in Accounting 1974 - Northeastern University, Boston, MA
ASA in Computer Science, 1967 - Chamberlayne Junior College, Boston, MA
Associations
Northeastern University - National Council
Massachusetts Cooperative Bank - Director 1999-2001
Massachusetts Mortgage Bankers Association
-President 1985- 1986
-Board of Governors 1981-1998
Town of Belmont - Vision 2000 Committee 2001-2002
References Available Upon Request