Bob Tyson
Chief Operating Officer/Chief Administrative Officer Bob Tyson has been with NFM Lending since 2015, serving a dual role as Chief Operating Officer and Chief Administrative Officer for the Company. Bob is responsible for the oversight of the Executive Team, identifying and negotiating M & A opportunities., expanding NFM’s product base, P&L management, and overall management of the organization both administratively and operationally. During his tenure at NFM, Bob has placed high importance in acquiring and developing the most innovative and intelligent talent. This has led to improved efficiency, including the outsourcing of non-customer facing functions and reducing the cost to manufacture a loan. Under Bob’s leadership, the company’s business model changed from selling all its production to aggregators on a whole loan basis to a hybrid execution, including direct agency sales, GNMA issuance and retention of servicing.
Bob has experience as an executive leader in both the financial and operational aspect of the mortgage industry. His extensive knowledge of the mortgage process earned him the role of Chief Operating Officer for many industry stalwarts, such as: Fidelity & Trust Mortgage, Prospect Mortgage, and CMG Financial. Bob has led both bank and private mortgage lending companies, where he has managed all facets of originations including those for retail, builder, consumer direct, TPO Wholesale, and correspondent platforms. His expert-level insights on the secondary market were featured in the May 2014 Scotsman Guide.
Bob has focused a tremendous amount of his time and knowledge to the Capital Markets function, leading companies to place a greater emphasis on the importance of pricing and margin management. These types of strategies allow his team to stay competitive while also improving the forecasting of future income levels. He has also been a strong proponent of building a prudent servicing portfolio that has demonstrated consistent and steady growth during his tenure with NFM Lending. This has allowed the company to retain MSRs on its books. In addition, Bob has placed appropriate resources to the task of assuring that NFM Lending has the proper procedures and processes in place to meet agency guidelines, sub servicer oversight and quality control standards. He has developed various committees, including ALCO, Credit and Troubled Loan committees, that provide the Company with both compliance values and oversite over these areas as well as an internal audit function tasked with insuring that all departments are held to set standards.
Bob sat on the board of several industry influencing organizations such as the Freddie Mac-Regional Lender Advisory Board, the Freddie Mac-Loan Manufacturing Operations Advisory Board, and the Fidelity and Trust Bank Mortgage Advisory Board. He has served as a valued board member to Habitat for Humanity and Potomac Community Resources. In addition, Bob serves as a mentor for the Georgetown University Executive MBA Program, focusing on Leadership. Bob holds a BS in Political Science from Gettysburg College and is proud to have served his country as a Marine Officer from 1995-1999.