Douglas
I. McCree, CMB
Professional
Experience:
August 2000 - Present: First Housing
May
2004 - Present: President/Director/Chief Executive Officer
Responsible
for the day to day management of First Housing, the
development of lending programs, and, with the Board
of Directors, the development of policy for the Corporation.
September
2002 - April 2004: Executive Vice President/Chief Operating
Officer.
Direct
the day to day operations of the corporation. Maintain
relationship with secondary market agencies and governmental
entities dealing with housing programs. Maintain relationship
with First Housing's Affordable Housing Lending Pool
participants and assist with the development of new
financing structures. Additional responsibilities include
budgeting, marketing & production for the corporation.
August 2000 - August 2002: Senior Vice President - Public
Finance Group.
Responsible for credit underwriting, governmental relations,
Board and stockholder relations, interaction with the
Federal Home Loan Bank of Atlanta and new business development.
In the first year with First Housing, originated and
closed over $25MM in direct financing, and managed over
$300MM in real estate underwriting and closings for
the State and local Housing Finance Authorities.
July 1987 - July
2000: Bank of America, N.A.
October 1999 - July 2000: Affordable Housing Lending,
Tampa, FL
Senior
Vice President. Manager of West and Central Florida
region of start-up targeted lending group with offices
in Tampa and Orlando. Responsible for staffing, loan
production, asset quality, deposit growth, new product
development and community relations related to affordable
housing.
March 1998 - October 1999: Permanent Loan Group, Tampa,
FL
Senior
Underwriter - State of Florida. One of top producer's
nationally with 15 loans underwritten and closed in
1998. Led review of BankAmerica Small Loan Program.
Team member in 4 high level due diligence efforts analyzing
large portfolio transactions
April 1995 - February 1998: Permanent Loan Group, Tampa,
FL
Opened
Tampa, FL origination office for new commercial mortgage
division. Successfully penetrated market with over $50
million in loan applications in the first year of operation.
Volume generation in 1995 supported the establishment
of a second office in South Florida.
June 1994 - March 1995: Residential Lending Group, Baltimore,
MD
One
of four officers in reestablished residential focus
group in Baltimore. Responsible for existing $20 million
portfolio of land development and construction loans.
Charged with establishing NationsBank presence in market
and growing portfolio. Assigned to move into Philadelphia
market and develop National Builder calling program.
January 1992 - May 1994: Special Assets Division, Baltimore,
MD
Produced
cash collections in excess of $60 million resulting
in over $10 million in recoveries. Resolved additional
loans totaling approximately $55 million via restructure
and TDR. Oversaw all aspects of loan work-out, including
litigation, bankruptcy and preparation for foreclosure.
September 1991 - December 1991: Residential Lending
Group, Washington DC
Oversaw
transition period as residential group was dissolved
and transferred into forming Special Assets Division.
July
1989 - August 1991: Community Development Lending, Washington,
DC
Account
officer for portfolio exceeding $30 million. Primary
focus on commercial development in inner city neighborhoods.
Charged with developing calling effort in Richmond market.
July
1988 - July 1989: Commercial Real Estate Lending Group,
Washington, DC
Served
as secondary officer on $100 million portfolio. Charged
with providing financial analysis and general credit
support while learning the real estate industry.
July
1987 - July 1988: Training Program for Commercial Lenders,
Washington, DC
Learned
basic credit analysis techniques, calling techniques
and general bank systems. Provided financial analysis
support for all areas of the Bank.
Education:
Vanderbilt
University, Nashville, TN
Bachelor of Science, May 1987
Major in Economics, related work in Mathematics
Varsity Swimming, Member Sigma Nu Fraternity, Vanderbilt
Accolade Treasurer and Vucept Board Member
Professional Associations:
Florida Housing
Coalition Member
NCSHA (National
Council of State Housing Agencies) Professional
Membership
NALHFA (National
Association of Local Housing Finance Agencies)
Professional Membership
MBA (Mortgage
Bankers Association of America) Professional
Membership
Clubs and Affiliations:
Interbay-Glover
YMCA
Past Chairman, Board Member since 1997
United Way
Keel Club Member
Vanderbilt University
Alumni Association
Member of Tampa Club
Board Member Baltimore/Annapolis, MD Club 1992-1995
Board Member Washington, D.C. Club 1990-1992
Tampa Yacht and
Country Club
Member
