Mortgage Banking Expert Witnesses

Los Angeles, California

Financial, Securities & Investments - Mortgage lending, Securities ratings, Cybersecurity, Securitization, Mortgage banking, Structured finance, Commercial RE leasing, Life and annuity insurance, Financial Risk Mgmt, Mortgage & asset-backed securities, Mortgage underwriting, Reinsurance, Financial guaranty, Damages, Mortgage origination, Litigation, Data Privacy, Breach

David Steel Managing Director, Risk Management & Litigation Support Advisory, The Oakleaf Group LLC David K. Steel serves as Managing Director of Risk Management and Litigation Support Advisory for Oakleaf. In his role, David is responsible for building the firm’s Financial Services Risk Management Practice and further expanding Oakleaf’s successful litigation support advisory business. David is an experienced leader in the financial services industry, with expertise in credit risk underwriting, enterprise risk management, portfolio management, capital markets, business strategy, restructurings, and arbitrations. Before joining Oakleaf, David successfully de-risked an $8.3 billion portfolio of reinsurance credits as a consultant for American Overseas Re. He also served as Chief Risk Officer of a life and annuity reinsurance venture for one of the largest US banks, creating an ERM framework, underwriting guidelines, and corporate governance policies and procedures. David was p...

Los Angeles, California

Banking, Real Estate - Automated Valuation Models/AVMs, Residential Mortgage-Backed Securities/RMBS, Mortgage Lending/Originations, Lending Practices, Loan Underwriting, Mortgage Servicing, Mortgage Banking, Fraud, Valuation/Appraisal, foreclosures/Loan Modifications, Trade Secrets/Misappropriation, Mortgage Insurance/MI

Executive leader with more than 20 years of experience in business strategy, operations, and fiscal excellence for major banking and lending corporations. I have served as an expert witness in over 40 cases and submitted comprehensive written reports on complex matters that were presented to the courts in layman terms. Disputes have argued the following issues: * The 2008 Financial Crisis Involving Residential Mortgage-Backed Securities (RMBS) * Misappropriation of Trade Secrets * Predatory Lending * Multiple County Tax Assessors * Environmental Contamination and Real Estate Valuation Stigma * Loan Origination / Employment Compensation Topics covered included: * Real Estate Automated Valuation Models (AVMs) * Intellectual Property (IP) / Software Source Code Theft * Errant Lending Practices * Mortgage Fraud * Loan Servicing * Foreclosures * Loan Modifications * Loan Workouts * Real Estate Owned (REO...