7-22-19 A Conversation about Warehouse Banking Annual Inspections

Published: July 22, 2019, 5 p.m.

This week we'll have\xa0Ken Jones, President of resX, a division of United Bank - and\xa0we\u2019re going to have a conversation on Annual Inspections!\n\nKen Jones brings over 25 years of experience as a business owner and leader in the consumer finance and mortgage banking industry to his current position as President of resX Warehouse\xa0Lending. He joined United Bank in 2017 with a mandate to reestablish and grow the bank\u2019s Warehouse\xa0lending\xa0business.\xa0\n\nIn 2001, Ken was an entrepreneur; acquiring an independent mortgage business and successfully selling it to Atlantic Coast Bank in 2008.\xa0 There, he continued as head of Atlantic Coast Bank\u2019s mortgage finance division; leading the bank\u2019s transition from a portfolio lender to secondary market\xa0lending, and launching its successful nationwide community bank warehouse\xa0lending\xa0business. Prior to United Bank, Ken was the EVP of ConsumerLending\xa0at First Guaranty Mortgage Corp (FGMC) where he led the company\u2019s Retail\xa0lending, Marketing, and Warehouse\xa0lending\xa0organizations. He has also led national and regional branch office networks for Fortune 100 companies including Bank of America and ITT.\xa0\n\nHe is\xa0passionate\xa0about ensuring a positive experience for every customer, and believes integrity is the primary foundation for any venture.\xa0\n\nRead more...\n\nTopics Covered in this Episode:\nAnnual Inspection TimingVendors involved with inspectionsAssociated Fixed and Variable CostsThe Critical Purpose and ImportanceThe Benefits of Annual Inspections!This week we'll have\xa0Ken Jones, President of resX, a division of United Bank - and\xa0we\u2019re going to have a conversation on Annual Inspections!\n\nKen Jones brings over 25 years of experience as a business owner and leader in the consumer finance and mortgage banking industry to his current position as President of resX Warehouse\xa0Lending. He joined United Bank in 2017 with a mandate to reestablish and grow the bank\u2019s Warehouse\xa0lending\xa0business.\xa0\n\nIn 2001, Ken was an entrepreneur; acquiring an independent mortgage business and successfully selling it to Atlantic Coast Bank in 2008.\xa0 There, he continued as head of Atlantic Coast Bank\u2019s mortgage finance division; leading the bank\u2019s transition from a portfolio lender to secondary market\xa0lending, and launching its successful nationwide community bank warehouse\xa0lending\xa0business. Prior to United Bank, Ken was the EVP of ConsumerLending\xa0at First Guaranty Mortgage Corp (FGMC) where he led the company\u2019s Retail\xa0lending, Marketing, and Warehouse\xa0lending\xa0organizations. He has also led national and regional branch office networks for Fortune 100 companies including Bank of America and ITT.\xa0\n\nHe is\xa0passionate\xa0about ensuring a positive experience for every customer, and believes integrity is the primary foundation for any venture.\xa0\n\nRead more...\n\nTopics Covered in this Episode:\nAnnual Inspection TimingVendors involved with inspectionsAssociated Fixed and Variable CostsThe Critical Purpose and ImportanceThe Benefits of Annual Inspections!