Mark Mangum
About Mark Mangum
Mark Mangum is an Eviction Specialist at Fannie Mae in Dallas, Texas, with over 15 years of experience in mortgage banking and a proven record in REO asset management and evictions.
Current Position at Fannie Mae
Mark Mangum currently serves as an Eviction Specialist at Fannie Mae in Dallas, Texas. In this role, he is responsible for determining cash-for-keys options and negotiating agreements to reduce risk and minimize the loss of asset value. He provides monitoring services for properties throughout redemption, confirmation, and ratification periods. Additionally, he requests shortened redemption periods for qualifying properties through foreclosure attorneys and regularly communicates status updates with clients.
Past Experience in Mortgage Banking
With over 15 years of experience in the field, Mark Mangum has held various positions in mortgage banking. He was a Transaction Processor at ACS Inc. for six months in 2011 in Dallas. Before that, he worked as an REO Asset Manager at American Home Mortgage and Old Republic Title Company. His extensive career includes a 14-year tenure at Freddie Mac as a Senior REO Accountant, where he gained significant expertise in REO asset management, accounting, evictions, collections, and escrow analysis.
Education and Professional Skills
Mark Mangum graduated from Texas Tech University with a Bachelor of Business Administration (B.B.A.) in Business Management in 1985. Over his career, he has developed a proven record of achievement in REO asset management and is highly adept at reducing REO asset portfolios. He is proficient in various mortgage software, including Res.Net, Citrus, Trax, Fiserv, Equator, Homelinxs, and Homesteps.
Previous Roles in Asset Management
From 2008 to 2009, Mark Mangum served as an REO Asset Manager at American Home Mortgage in Irving, Texas. Before that, he held a similar role at Old Republic Title Company for seven months in Dallas. His longest tenure was at Freddie Mac, where he served as a Senior REO Accountant for 14 years, cementing his expertise in accounting and REO asset management.