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With 32 years of experience in residential lending, Mr. Collinson is responsible for the credit quality of the company’s loan portfolio; which includes loans generated in the retail, wholesale and correspondent channels. Under Mr. Collinson’s direction, Thornburg Mortgage’s underwriting department has achieved one of the lowest delinquency rate in the United States. Since joining the company in 2002, he has helped the department to expand to meet an 800% increase in production volumes.
Prior to joining Thornburg Mortgage, Mr. Collinson worked at Wachovia Bank as a mortgage loan consultant where he counseled private client group customers regarding mortgage financing. In addition to managing portfolio credit quality, Mr. Collinson was a senior vice president at First Union Mortgage Corporation, where he was responsible for managing an operations and sales force with an annual expense budget of $12 million and a staff of 240. During his tenure, Mr. Collinson increased the company’s sales volume from $100 million to $1.8 billion over a four-year period. | 