Geoffrey A. Oliver CPA , CFF, CMB

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Hilltop Advisors, LLC – Chief Executive Officer June 2005 to Present

Hi lltop Government Solutions – Chairman December 2009 to Present

Numbers, LLC – Partner April 2007 to Present

BearingPoint, Inc. - Managing Director February 2001 to June 2005

KPMG, LLP – Accounting and Audit Partner December 1976 to February 2001

Geoffrey A. Oliver (Jeff) is the founder of Hilltop Advisors, LLC (June 2005) and its Women Owned Small Business affiliate - Hilltop Government Solutions (December 2009). Jeff is the CEO of both firms with a total of 6 partners. Hilltop Advisors is a consulting and accounting advisory firm exclusively dedicated to serving the financial services industry. Hilltop Government Solutions is a consulting and accounting advisory firm exclusively focused on the governmental agencies that provide loans and loan guarantees, as well as, interact with and regulate the financial services business. The services include strategy/operations, regulatory compliance, financial management and transaction support activities. Hilltop Advisors specialty expertise is in the mortgage banking (residential, multifamily and commercial) and overall lending/credit segment of the financial services industry. Jeff also formed Numbers, LLC which is a full service accounting and tax firm.

Jeff was BearingPoint’s National Lending & Leasing Team leader (Consumer and Commercial) and ran this national consulting practice, while concurrently leading the Freddie Mac account services team from 2001 to June 2005. The team consisted of almost 450 consultants. This practice provided services to an average of 150 financial services entities annually, including many of the top banks, mortgage companies, capital markets entities and credit card issuers.

Jeff began his career at KPMG LLP and had numerous leadership roles during his 25 year tenure. Jeff built and managed several large national teams including the Mortgage and Structured Finance practice, the Consumer Lending practice and the Homebuilder segment of the Real Estate practices for KPMG. He was KPMG’s subject matter expert on the accounting and business issues within the mortgage banking and bank lending arena (consumer and commercial). Jeff has extensive audit and consulting experience with commercial lending, commercial real estate finance, multifamily lending, and other bank lending activities.

Jeff is nationally recognized and has obtained his Certified Mortgage Banker (CMB) designation by the Mortgage Bankers Association (the National trade group) in recognition of such. He is a frequent speaker at industry conferences on topics including accounting/auditing issues, risk management, regulatory compliance, financial reporting, and profit improvement. He is a featured writer in many of the industry’s trade periodicals. His strategic view and “practical solutions” for many credit related issues have earned him a reputation as one of the leading industry professionals. Many of the industry’s leading companies have utilized Jeff’s financial, compliance, operational, technology and risk management skills to achieve their strategic objectives in the loan production, secondary markets, and loan servicing areas.

Finance, Accounting, Auditing and Regulatory Experience

Jeff Oliver is a Certified Public Accountant in Virginia and practices as an accountant in Hilltop’s accounting advisory engagements and in the accounting firm (Numbers, LLC). Prior to transitioning to BearingPoint in 2001, Jeff was a senior partner in the Financial Services Accounting/Audit practice and was the Firm’s mortgage and overall accounting practice partner for credit/lending subject matters. Jeff was the primary author of many of KPMG LLP’s policy responses to the FASB, AICPA etc., specifically on those accounting proposals affecting the financial instruments area, the mortgage banking / real estate finance industry and related lending topics.

Jeff is a current member of the MBA’s Accounting Standards Committee. This committee participates in commenting on and suggesting changes to the accounting and tax standards for the mortgage finance industry.

Some of Jeff’s larger public/private audit clients included:

Fannie Mae - lead

Ginnie Mae - lead FHA – SME partner

Wells Fargo Mortgage - technical assist GE REIT

GE Mortgage Services – lead CitiMortgage – technical assist

Old Kent Bank (now Fifth Third) - lead Fleet Mortgage (now BoA) - technical assist

American Security Bank (now BoA) - lead NS&T Bank (now Wachovia) - lead

NVR Homes – lead State Department FCU – lead

Agriculture Department FCU - lead Pentagon FCU - lead

Jeff has been heavily involved in the regulatory requirements and compliance areas for financial services companies. Jeff was formerly chair of the MBA’s Internal Audit Quality Control Committee. He was the primary author of the MBA’s current Uniform Servicing Attestation Program (USAP) which is single audit concept used by auditors in the U.S. to attest to the loan servicer’s compliance with certain loan servicing contract investor requirements. . Jeff has significant involvement with his client’s regulatory efforts and their regulators - FDIC, OCC, OTS, NCUA, HUD, OFHEO, etc.

Jeff’s team created KPMG’s national lender and servicer performance measurement studies (benchmarking, activity based costing and product or customer profitability measures), ROI analysis, and shareholder value analysis.

Risk Management Experience

Jeff has led many risk assessment and mitigation engagements relating to enterprise wide risks including credit, interest rate/prepayment, regulatory, financial statement, operational and technology risks. His expertise includes the assessment, detection and mitigation efforts related to such risks. Engagements usually include assessing operational risks (backlogs, data management, and system reliance), hedging and secondary market process risk, prepayment and interest rate risk, credit analytics (loan loss provisioning, foreclosure and recourse risk loss analyses). Jeff has led numerous regulatory compliance related engagements to assist clients with their understanding of the regulations, their processes/policies to comply with such and mitigation efforts should the client already be in non-compliance. Such engagements have been completed both prior to and/or after a regulatory exam.

Mortgage and Consumer Loan Production Experience

Jeff has led hundreds of engagements in almost every aspect of mortgage banking and consumer lending. Example loan production engagements include the following:

Loan Production:

· Underwriting tools and processes, assessing number of touches

· Regulatory compliance – CRA, Fair Lending, Disclosures, Document compliance, etc.

· QC audits

· Loan quality, loan documentations assessments

· Single audits for investor compliance

· Mortgage fraud assessments

· Loan Production costs and efficiencies benchmarking

· Vendor selections – technology, outsourcing for overall loan production

· Loan production operations capability for subprime, FHA/VA and CRA

· Competitive product pricing analyses

· Market penetration studies – identification of new markets, products

· Loan Product and Competitive Market Analysis

· Branch assessments, Loan officer production levels

· Secondary Marketing risk assessments

· “Best Execution” on sale of loans

· Hedge and Pipeline risk management and effectiveness, tools and technology assessments

· Loan origination system assessments – selection, business requirements, market analysis, workflow effectiveness, etc.

Mortgage and Consumer Loan Servicing Experience

Jeff has significant loan servicing engagement experience. He has led numerous teams in assessing loan servicing platforms for acquisition, risk level assessments (especially in the default area) and overall effectiveness/cost efficiency. Example loan production engagements include the following:

Default Management:

· Review processes, policies and procedures for overall default management to assess regulatory and investor compliance,

· Review processes, policies and procedures for cashiering,

· Review processes, policies and procedures for collections,

· Review processes, policies and procedures for foreclosure,

· Review processes, policies and procedures for bankruptcy,

· Review processes, policies and procedures for REO management/disposition,

· Review processes, policies and procedures for loss mitigation/workout,

· Review processes, policies and procedures for NPV calculations for best execution,

· Review processes, policies and procedures for calculating and tracking losses incurred, etc.

· Review the delinquency reporting completeness, accuracy and trend analyses,

Overall Loan Servicing Compliance and Effectiveness:

· Assess Customer Service effectiveness and call center operations,

· Provide reconciliation assistance in investor reporting and accounting,

· Provide reconciliation of investor trust accounts,

· Review functional servicing cost and revenue for residential mortgage, consumer, multi-family and commercial loan servicing portfolios and compare to industry benchmarks to evaluate servicing quality/cost efficiency,

· Review the ancillary income sources and determine on-going viability of this revenue stream,

· Review custodial accounts (principal, interest, taxes and insurance) bank account reconciliations for timely preparation and resolution of reconciling items,

· Review advances made (P&I, T&I, Replacement Reserves etc),

· Review investor reports and determine if reports are prepared on a timely basis and in accordance with investor requirements,

· Review processes, policies and procedures for customer service,

· Review processes, policies and procedures escrow management - taxes and insurance, escrow analysis, completion escrows, etc.,

· Review FNMA/FHLMC shortage surplus reconciliations and tests of expected P&I,

· Review most recent investor/regulatory audit reports and evaluate deficiencies and other matters communicated in such,

· Review terms of servicing agreements for contingent liabilities – recourse, repurchase, etc.

· Loan servicing system assessments – selection, business requirements, market analysis, workflow effectiveness, etc.

Jeff has led more than 25 different process redesign engagements for clients of all sizes (Top 10 and Top 200 loan servicers). These efforts have involved all or substantially all of the typical servicer aspects – customer service, call centers, default management, investor reporting, REO, on-boarding, escrows, etc.

Capital Markets and Derivatives Experience

Jeff Oliver has been involved in many secondary and capital markets engagements involving the fixed income and asset-backed capital markets (MBS, ABS, CMBS, and CDO/CLOs). Jeff has significant engagement experience with capital markets participants and understanding the derivatives that have evolved from the mortgage and asset backed securitization marketplace. He has consulted on hedging techniques, trading loans and securities, creating ongoing risk monitoring, securitization transactions, pooling and servicing agreement compliance and Reg AB compliance, assessing securitization tools/technologies, and valuation of assets (whole loans, securities and derivatives). Jeff was the Lead Partner of the KPMG Structured Finance Group which handled all asset securitization transactions and valuation.

Financial Advisory - Transaction Management and Valuation Experience

Jeff Oliver has led many financial advisory and mergers and acquisition engagements for many of the Top 100 banks, mortgage, homebuilders and consumer finance companies. He has assisted sellers, buyers, and financiers of such transactions. Jeff has led several financial advisory engagements for many of the government agencies that dispose of assets such as HUD, Ginnie Mae, FDIC, and SBA. He led the “design, architecture and build” effort for the current HanoverTrade auction website/browser tool that is being used successfully in many of asset dispositions. Jeff has led the valuation efforts for many acquisition and bank financing transactions, including loans, securities, derivatives, mortgage servicing assets and whole enterprises.

Commercial Business Lending, Multifamily Lending, Commercial R eal Estate Finance and Other Lending Experience

Jeff has significant bank audit experience in all aspects of commercial lending – business, real estate, land, ADC, warehousing/floor plans, multifamily, retail, hospitality and other commercial lending areas. He has performed numerous audits, loan reviews, document reviews, ALLL analyses, and valuations of these types of loans. Jeff has worked with numerous banks and their auditors/bank examiners in assessing the lending/credit process, the controls, and the detailed credit risk/allowance requirements for commercial loan portfolios. Assessing credit loss exposure within commercial/multifamily loan portfolios has been completed on an average of 35-45 engagements per year. Jeff also is very well recognized in the multifamily lending arena (engagements with 12 of the Top 20 commercial / multifamily lender/servicers, HUD, Fannie Mae and Freddie Mac). Credit evaluations and document compliance have been the primary focus of many engagements in this arena. Lending and loan servicing processes have also been evaluated for efficiency and compliance with regulatory and investor requirements. Jeff’s capital markets expertise also extends into the CMBS arena where he has been involved in modeling, diligence, comfort letter issuance, trustee audits, compliance efforts, etc.

Government Agency Experience

Jeff has had both audit and consulting engagements with various government agencies and GSEs. His audit experience includes leading the Fannie Mae and Ginnie Mae audits for a number of years. He has assisted Ginnie Mae, FDIC, RTC, Department of Education and the SBA with asset sales as a financial advisor. Jeff has had consulting engagements with Fannie Mae, Ginnie Mae, Freddie Mac, FDIC, RTC, OCC, HUD, FHA, SBA involving strategy, industry analysis, compliance issues, new regulations, and program operations.

E ducation , Designations and Professional /Community Organizations

Jeff Oliver received a Bachelor of Science degree from Georgetown University in Accounting. Jeff is a Certified Public Accountant, Commonwealth of Virginia. He has a Certification in Financial Forensics (forensic accounting and fraud detection). He is a Certified Mortgage Banker. He is very active with the various MBA committees such as MBA’s Financial Management and Accounting Standards Committees. Jeff is heavily involved in the Community as current President and past Treasurer of the Lightning Soccer Association. He is on the Arlington Soccer Association Board of Directors. He has been the CFO of the Fairfax Symphony and active sponsor of the Arlington Free Clinic. Jeff is on the Advisory Board of the McDonough School of Business at Georgetown University.