Frank W. Hawkes, Chairman of the Board
Frank W. Hawkes founded LAMCO on the heels of a very successful career as a vice president and manager of REO for MCN American Corporation (American Industrial Bank of Aurora). Hawkes was responsible for the transformation of the bank’s REO department, including the implementation of a computerized operating system, a vendor and real estate broker value chain, and formal procedures for oversight management and process control. Hawkes received accolades for attaining REO disposition goals that had never been achieved by the bank. His letters of recognition from the institution’s senior executives demonstrated his dedication, vision and achievement.
As this Maryland-based bank was leaving Colorado, Hawkes founded LAMCO in 1989 to support other local and national banking institutions with their REO portfolios. By the end of 1991, LAMCO was in growth mode. With the economy and lending institutions feeling the effects of the nation’s real estate melt down, LAMCO was in full motion of managing REO as an outsourced partner for some of the nation’s largest lending institutions. In the early months of 1992 LAMCO was chosen as a critical vendor for a top ten lending institution and has fostered and maintained this relationship, representing more than 17 years to date.
Vickie M. Hawkes, Vice Chairwoman of the Board
Vickie M. Hawkes is the Chairwoman of Littleton, Colo. -based Lenders Asset Management Corporation (LAMCO), a full-service, nationwide default management company that offers comprehensive REO services. In this position, Hawkes manages the company’s procedures, structure and corporate planning; handles client, agent and vendor relationships and supervises the human resources department.
Hawkes has been a part of LAMCO since its inception in 1989 where she was instrumental in developing most of the company’s business processes and procedures. She has previously served in a wide variety of roles at LAMCO throughout her tenure, including training of staff, managing human resources, handling the company’s accounting and serving as the company’s liaison with realtors and clients.
She serves as an active vice chairperson along with her husband Frank W. Hawkes, the founder of LAMCO.
Diane M. (Sheldon) Cardinal, Member of the Board of Directors
Diane Cardinal retired from U.S. Bank National Association as the Vice President of the Foreclosure Asset Management Group reporting to Retail Collections after 36 years of service. Cardinal was responsible for the home equity foreclosures and the liquidation of the other real estate owned (REO) residential properties for the home equity and finance company portfolios. In 1998, Cardinal had the vision to design an access database that supported the management of the home equity foreclosure process, monitor the senior lien holder’s loan status, bankruptcy process along with the management of the REO portfolios from the point of entry to REO through the sale of the properties. Early in 2007 as the residential market was changing, Cardinal evaluated the REO liquidation process and implemented changes to keep the Bank on the cutting edge to maintain the number of REO properties at a level less than of their peers. At all times focus was placed on maintaining the properties to conform with the individual neighborhoods, selling the properties at a fair market price while closing in a timely fashion.
Cardinal’s career with U.S. Bank started in 1973 in Mortgage Loan Servicing. The mortgage portfolio included FHA, VA, Private Mortgage Insured and Conventional loans. All aspects of mortgage servicing was managed and reported to Fannie Mae, Freddie Mac, GNMA Mortgage Backed Securities, numerous number of private investors along with the Bank’s loan portfolio until 1984 when all mortgage servicing was transferred to the Bank’s mortgage company. From 1984 to 2000, Cardinal was Vice President in the Bank’s Special Assets Group. Cardinal’s team was responsible for workout of home equity loans and lines originated by Retail Banking, Small Business and Private Banking. Loan workouts included loan restructure, bankruptcy, foreclosure and REO liquidations. In 2001, with the acquisition of Firstar and U.S. Bank Cardinal team reported to the Bank’s Consumer Lending Group where she continued in her role as Vice President in Retail Collections until her retirement in 2009.
Brandon J. Hawkes, President and CEO
Brandon Hawkes provides strategic leadership for the company by implementing long-range goals, plans and policies to further enhance the company’s REO asset management processes, which have been developed during the past 20 years. Hawkes began his career at LAMCO in 2003 as an REO representative and has since worked in every division of the company. Hawkes founded the LAMCOnetwork, an Internet portal that connects buyers and suppliers of REO on a national scale. In addition, Hawkes founded, and later oversaw the successful sale of a full service property preservation company that provided services throughout the state of Colorado.
Prior to joining LAMCO, Hawkes developed an extensive sales and marketing background in several management positions in the telecommunications industry. As one of the youngest managers in his field, he oversaw several independent offices, including the training and supervision of more than 100 employees.
Daniel S. Reynolds, Executive Vice President
Dan Reynolds is Executive Vice President at LAMCO. Reynolds leads LAMCO’s strategic planning and marketing efforts as well as supervises the daily activities of departments throughout the company. Reynolds responsibilities include overseeing the effective growth and development of LAMCO entities by identifying, implementing and fostering existing and new business-to-business client relationships. He also updates the executive team on current changes and breakthrough developments in the REO dispostion industry so LAMCO can respond in a timely fashion to the ever-changing industry.
Reynolds brings more than eight years of mortgage industry experience and more than 16 years of management experience. Prior to joining LAMCO, Reynolds was the vice president of mortgage lending and a branch manager for Merrill Lynch, where he also spent time as a regional sales manager. Before Merrill Lynch, Reynolds was partner and chief operating officer of a Littleton, Colo.-based mortgage lender. Before that, he served as the CEO of another Littleton, Colo.-based e-commerce and professional services firm specializing in strategic outsourcing.
Deborah T. Tetz, Operations Manager
Deborah Tetz is the operations manager responsible for the daily operations of LAMCO’s REO asset management division and oversees the training of employees. Tetz’s responsibilities include the development of performance-based incentive plans for LAMCO employees, creating and implementing plans for tracking department goals and timelines, and conducting performance reviews. In addition, Tetz coordinates product training for LAMCO customers.
Prior to joining LAMCO, Tetz was partner and operations manager for a national loan modification company providing services to homeowners experiencing mortgage difficulties. Previously, Tetz held several positions within a branch of Merrill Lynch in San Jose, Calif., including loan account manager, production coordinator and operations manager.
Janette D. DeVorre, Human Resources Manager
Janette DeVorre is the human resources manager and oversees LAMCO’s personnel administration, ensuring the company’s compliance with employment laws. DeVorre’s responsibilities include staff planning, training, budgeting, overseeing safety and training programs, as well as payroll and benefits administration. In addition, DeVorre develops, prepares and implements documents and tools used to ensure efficiency and accuracy in the human resources department.
Steve R. Cerny, Accounting Manager
Steve Cerny is the accounting manager. Cerny executes LAMCO’s daily cash management and financial matters and leads the company’s budgeting and forecasting initiatives. As accounting manager, Cerny’s responsibilities include performing accounts payable and accounts receivable functions, monitoring the budget throughout the year and promptly resolving discrepancies, and managing all computer and software systems related to billing and payment processes. In addition, Cerny manages the billing department processes and provides leadership and guidance to employees.
Cerny brings more than 10 years of mortgage and financial industry experience and has been with LAMCO since 2002. Cerny began his career with LAMCO as a regional REO representative and later became vice president of the REO division. Prior to joining LAMCO, Cerny held positions as a purchasing, inventory and warehouse manager and as a realtor.
Bruce Quinn, Division Manager LAMCO Network
Bruce Quinn is the Division Manager for LAMCOnetwork; a national REO database used by REO professional to advertise the expertise on local market for banks, financial institutions, loan servicers and asset management companies throughout the United States. As Division Manager his duties will be to maximize sales, enhance organizational sales strategies and develop tactical implementation of client impact market planning with LAMCOnetwork. He will oversee the provision of a marketing showcase that will assist companies and individuals to successfully adapt to long-term & short term marketing approaches in maximizing their execution strategies with the current REO environment via the LAMCOnetwork.
Bruce Quinn has over 24 years in the financial mortgage/banking arena. He has worked as a Sales Leadership Executive in wholesale mortgage & commercial loan markets, as well as having six years experience in loss mitigation. His prior position was as the Senior Underwriting Compliance Project Manager/Consultant with Freddie Mac. Other positions held in Senior Management have been Vice President at Merrill Lynch and West Coast District Sales Manager for Interbay Funding. In addition, he was the President of Quinn Investment Partners, llc, a consulting firm specializing in FHA Mortgage Brokers to enhance and develop strategic sales & operational effectiveness.
Brad Tri, Business Developement Manager
Brad joined LAMCO in 2009 and his responsibilities include surfacing new opportunities, implementing new products and services to market and strengthening client relationships. Most recently Brad was instrumental in the development and growth of the LAMCOnetwork (a division of LAMCO).
Prior joining the LAMCO family, Brad worked for companies including Merrill Lynch, Equifirst, CIT and Granite Loan Management. Brad has an extensive background in wholesale residential and construction lending that spans over 12 years. Brad graduated from Colorado State University in Ft. Collins, CO with a major in Biological Sciences and an emphasis in Anatomy and Physiology.