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Todd Dal Porto is Senior Managing Director, Countrywide Financial Corporation, (NYSE:CFC), a diversified financial services provider and member of the S&P 500. He also serves as President of the Wholesale Lending Division for its main subsidiary, Countrywide Home Loans, Inc., a national leader in residential finance.
Since the fall of 1998, Dal Porto has overseen all activities of the Wholesale Lending Division. His areas of responsibility in this leadership role encompass oversight and strategic direction of sales, fulfillment, operations, finance and pricing, technology, risk management and HR administration. Known as Countrywide, Americas Wholesale Lender, the division has attained a leadership position within the wholesale channel under Dal Portos direction. The division has established itself as the clear channel leader, evidenced by its consistent market share growth and recognition as the number one residential wholesaler in the nation by National Mortgage News. These achievements are further augmented by the attainment of recent industry milestones in 2005, including the divisions total origination volume of more than $100 billion, as well as purchase financing of more than $50 billion.
The evolution of the divisions organizational structure during Dal Portos tenure has brought continuous improvements in both sales and fulfillment effectiveness, productivity and customer service that helps to ensure mortgage brokers and other third-party mortgage originators have one source for all prime and non-prime lending solutions. These accomplishments reflect Dal Portos active and engaged management and leadership skills and his passion for mortgage lending. Having begun his career as a loan officer, he is well-versed in the daily challenges faced by mortgage originatorsan understanding reflected by his staunch support of mortgage brokers across the nation.
Prior to taking on leadership of the division, Dal Porto served as Division Executive Vice President of National Production, and was responsible for all origination and fulfillment activities for the divisions nationwide branch network. He joined Countrywide in 1996 as Regional Vice President with responsibility for eight wholesale branches in Southern California.
Previously, he operated Dal Porto Capital, a boutique real estate finance company, in Pleasanton, California. His mortgage banking career started in 1985 with First Franklin Financial in San Jose, California, where he ultimately served as Executive Vice President and Chief Operating Officer of Mortgage Lending.
Dal Porto is a member of the National Association of Mortgage Brokers (NAMB) and the Mortgage Bankers Association (MBA). He previously served as an ex-officio member of the Board of Directors of NAMB for six years and was recognized as their Affiliate of the Year in 1999. Dal Porto is licensed as a California real estate mortgage broker and earned a Bachelor of Science degree in Commerce from Santa Clara University in Santa Clara, California. | 