Bud Grammer
About Bud Grammer
Bud Grammer is the Senior Director of Mortgage Credit Risk at Ally, with extensive experience in mortgage credit risk leadership and capital markets trading.
Title
Bud Grammer holds the position of Senior Director, Mortgage Credit Risk at Ally, where he has been working since 2011 in Charlotte, NC.
Previous Roles at Bank of America
Before his current role, Bud Grammer was SVP, Risk Management Manager at Bank of America from 1999 to 2011. His 12-year tenure at the bank was also based in Charlotte, NC.
Education and Expertise
Bud Grammer holds an MBA from Clemson University, which he completed between 1997 to 1999. Additionally, he earned a BS in Financial Management from Bob Jones University, graduating in 1997 after four years of study.
Experience in Mortgage Credit Risk
Bud Grammer has been in mortgage credit risk leadership roles for over a decade, starting in 2009. His extensive expertise includes overseeing a team responsible for developing and implementing proactive loss mitigation programs at Ally.
Expertise in Capital Markets
Bud Grammer has extensive experience in capital markets trading, sales, and operations, particularly in mortgage-backed securities. This background supports his leadership in stress testing and allowance for loan and lease losses at Ally.