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senior inspector

Location:
Belmont, MA
Posted:
January 16, 2023

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Resume:

JOHN J. SOUSA, JR.

** ********* ****

Belmont, MA 02478

617-***-****

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



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