7-22-19 A Conversation about Warehouse Banking Annual Inspections

This week we'll have Ken Jones, President of resX, a division of United Bank - and we’re going to have a conversation on Annual Inspections!

Ken Jones brings over 25 years of experience as a business owner and leader in the consumer finance and mortgage banking industry to his current position as President of resX Warehouse Lending. He joined United Bank in 2017 with a mandate to reestablish and grow the bank’s Warehouse lending business. 

In 2001, Ken was an entrepreneur; acquiring an independent mortgage business and successfully selling it to Atlantic Coast Bank in 2008.  There, he continued as head of Atlantic Coast Bank’s mortgage finance division; leading the bank’s transition from a portfolio lender to secondary market lending, and launching its successful nationwide community bank warehouse lending business. Prior to United Bank, Ken was the EVP of ConsumerLending at First Guaranty Mortgage Corp (FGMC) where he led the company’s Retail lending, Marketing, and Warehouse lending organizations. He has also led national and regional branch office networks for Fortune 100 companies including Bank of America and ITT. 

He is passionate about ensuring a positive experience for every customer, and believes integrity is the primary foundation for any venture. 

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Topics Covered in this Episode:

• Annual Inspection Timing
• Vendors involved with inspections
• Associated Fixed and Variable Costs
• The Critical Purpose and Importance
• The Benefits of Annual Inspections!