Bryan Hughes

Sales and service of fintech solutions to community financial institutions Follow banking trends and offer products at the forefront of the industry Oversee all aspects of our business from sales and financials to future planning In-house stock for all products we sell and service

Non-agency RMBS, Agency CMOs and CMO derivative trader -Bidding/offering using internal balance sheet -CMO/RMBS trading with institutional end accounts and retail advisors -Focus on Prime/Alta space, senior and subordinate structures -IO and IIOs agency and non-agency -reach out for own/offer run or bwic distribution

CMO/RMBS online trading marketplace.

• Provide a third party, FAS 157 Level 3 analysis on mortgage whole loan pools and ABS/RMBS bonds for the firm’s clientele of primarily Federal Home Loan Banks, hedge funds and originating bank portfolios. • Head of the firm’s collateral behavior committee which determines the performance assumptions that drive internal valuation models. • Assist in development of firm’s proprietary, mortgage analytic software with contribution of trading and business perspective.

• Whole loan trader; bidding on bulk pools as well as loan level aggregation through pricing of daily lending rate sheet driven by a securitization arbitrage exit strategy. On-going best execution analysis of loan position through knowledge of bulk pool bid market compared against the opportunity cost of a securitization sale. • Granular understanding of layered risk in loan level borrower attribute combinations through price quantification of borrower adjustments on daily rate sheet. Utilization of Loan Performance database research, agency credit models, investor feedback and historical performance of our own lending to develop the pricing of daily credit matrix for new origination product. • Extensive use of Microsoft Excel and VBA to build trading tools. Used Intex Desktop and Dealmaker constantly to perform daily role. • Construct loan level prepayment and loss assumptions for mortgage loan and structured bond pricing.

• Cash flow modeling and structural arbitrage analysis of mortgage ABS using Intex Dealmaker for mortgage originator. • Create daily new issue rate sheet by modeling individual products to security execution. • Daily optimal execution testing by structuring aggregated asset pool into various forms of ABS/RMBS to determine most profitable offering. Thorough knowledge of market accepted derivatives and bond structures are used.