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Our Story

Helping mortgage professionals achieve their clients’ purchase and investment goals, Acra Lending was formed to specialize in alternative income products, such as bank statements, asset depletion and verification of employment programs. Our programs have been developed over years to include fixed and adjustable rate mortgages (ARMs) for residential properties on both an owner-occupied and non-owned occupied basis.

Licensed by the National Mortgage Licensing System (NMLS) and operating in 39 states and DC nationwide, we offer our programs and services through four distinct verticals: Wholesale Lending, Consumer Direct Lending, Investor Lending, and Correspondent Lending. Throughout the mortgage industry, Acra Lending is widely known for responsible lending practices, product innovation and operational efficiency.

Our Mission

The foundation of the company is built on “helping our customers” by providing Non-QM mortgage solutions for today’s borrower in residential and commercial properties across America. We provide industry leading programs to meet the needs of our customers while proving the optimal customer service experience

Our Team

The leadership team at Acra Lending is a group of highly-experienced and dedicated senior managers with an average of 25 years’ experience in Non-QM mortgage origination, underwriting and servicing.

Chief Executive Officer

Keith Lind

President & Chief Risk Officer

Kyle Gunderlock

Managing Director, Head of Business Development & Strategy

Gregory Meola

Managing Director, Servicing

Eric Friedman

Managing Director, Correspondent Lending

Jeffrey Lemieux

Chief Financial Officer, Treasurer

Ellen Coleman

Managing Director, Chief Technology Officer

Scott Spencer

Managing Director, Operational Oversight

Trudy Barton

Chief Executive Officer

Keith Lind

Mr. Lind is the Chief Executive Officer of Acra Lending with 19 Years of Mortgage-Backed Securities and Asset-Backed Securities trading and structuring experience.

He was a Managing Director at HPS Investment Partners before joining Acra Lending.

Mr. Lind was a Trader at Brevan Howard and prior to joining Brevan Howard, Mr. Lind was a Managing Director and Head of the US Non-Agency Mortgage-Backed Securities Trading Desk at RBS. He was a Managing Director at Bear Stearns, where he traded the Non-Agency Mortgage-Backed Credit book. Mr. Lind holds a BA in Finance from Purdue University.

President & Chief Risk Officer

Kyle Gunderlock

Mr. Gunderlock has 13 plus years of hands-on experience in the mortgage finance business. Of note is his comprehensive knowledge of operations, financial and risk management, asset valuation, and whole loan trading, as well as the origination of mortgage loans and the management of wholesale and correspondent sales teams.

Mr. Gunderlock was a Vice President and District Sales Manager at First Street Financial, Inc. where he led a team of Account Executives and Broker Direct Representatives.

Mr. Gunderlock currently acts as Head Trader for Acra Lending’s investment fund, CMMI, LLC, where on a daily basis, since 2007, he has the responsibility of pricing assets and negotiating trade documents. He is involved in the servicing and disposition of assets as well, and is a member of the Investment Committee that determines final asset acquisition and pricing. Mr. Gunderlock currently holds a Real Estate Salesperson License through the California Department of Real Estate and is approved as a Mortgage Loan Originator via the Nationwide Mortgage Licensing System & Registry.

Managing Director, Head of Business Development & Strategy

Gregory Meola

Greg is a graduate of Holy Cross College and received his Masters in 2011. In addition to his educational background Greg has received his Six Sigma Green Belt Certification. Greg has an extensive knowledge in mortgage and mortgage related services. Greg has a depth of knowledge in vendor management processes, regulatory compliance, valuation services and the foreclosure legal process. As a consultant Greg has worked in large Wall Street and fortune 500 companies as well as the small entrepreneurial sector of the mortgage business.

Greg has become recognized problem solver, relationship builder and operational efficiency expert. Greg has worked in many different project roles including: Loss Mitigation for a Fortune 500 Company where he successfully managed a staff of 100 underwriters to complete the clients backlog of Loss Mitigation loans. Redesigned processes and created efficiency measures to produce a higher level of production with greater and consistent accuracy.

Mortgage Origination and Servicing GAP analysis for several Mortgage Lenders where his primary responsibility was to coordinate and help develop a gap analysis for a mortgage and servicing organization to formulate a business plan that would determine the profitability for the organization if it were to in-house all mortgage origination and servicing functions. Built the capacity model and the projections forecast based off of historic data, consumer analysis, and Merger and Acquisition Advisory he has successfully assisted organizations through a merge or acquisition by viewing capital requirements, compliance, finance, market opportunity, revenue opportunity, and COGS of several businesses along with a team of individuals to best assess the projections and success of potential M&A deals for small businesses.

Managing Director, Servicing

Eric Friedman

Mr. Friedman is responsible for the Loan Servicing Portfolio and has 27 plus years of Loan Servicing and Credit Risk experience, from the perspective of Servicer, Investor, and Service Provider. Mr. Friedman was previously the Chief Operating Officer of First American Financials, Mortgage Servicing Solutions, a $175M division, where he managed the onshore and offshore production and customer service teams producing Title and Data Products. Prior to that, Mr. Friedman served as Senior Vice President of Default Management for IndyMac and OneWest Bank, leading the team through the credit crisis and subsequent FDIC takeover. Mr. Friedman was also a member of the Fannie Mae, Freddie Mac, and Hope Now Servicing Advisory Groups.

Mr. Friedman spent 10 years with Fannie Mae in several leadership positions within Loan Servicing, Credit Risk, and eBusiness, and was responsible for the oversight of Fannie Mae’s Designated Attorney Program.

Managing Director, Correspondent Lending

Jeffrey Lemieux

Mr. Lemieux is the Managing Director, Correspondent Lending.  Prior to joining Acra, Mr. Lemieux was the CFO and COO of Isles Ranch Partners a real estate investment firm focused on residential acquisition, development and construction investments throughout the U.S.  Prior to joining Isles Ranch, Mr. Lemieux was a Senior Vice President at Bayview Asset Management, an investment firm focused on investments in mortgage credit, including correspondent and wholesale mortgage originations.

Mr. Lemieux has worked as a Senior Vice President with Ally Bank (formerly GMAC), responsible for correspondent lending and fee-based servicing. Preceding his tenure at GMAC, Mr. Lemieux was a Senior Vice President with Cerberus Capital responsible for overseeing investments in lending institutions, prospective acquisition diligence and mortgage-backed trading. Mr. Lemieux received his BA from the University of Arizona and has an MBA, Finance, from the University of San Francisco.

Chief Financial Officer, Treasurer

Ellen Coleman

Ellen Coleman has over 20 years of experience in finance and treasury in the mortgage industry.

She joined Acra Lending from Peer Street, a platform for investing in residential mortgage loans, where she spent five years as EVP and CFO managing FP&A, accounting, treasury, loan servicing and capital markets.

Prior to joining Peer Street, she held positions as Treasurer of Stearns Lending, Nationstar Mortgage and Homeward Residential as well as Managing Director at Countrywide Financial.

Ellen holds a BA in Finance from Georgetown University and an MBA from Anderson School at UCLA.

 

Managing Director, Chief Technology Officer

Scott Spencer

Scott has 37 years of experience in IT with 18 years of IT leadership experience in Mortgage and Real Estate technology. Scott has worked as a Senior IT leader at CoreLogic, First American and LRES. His extensive experience in leading and transforming IT has helped organizations develop better strategies that align with their business strategies.

Scott is an out-of-the-box thinker and a thought leader who champions innovative approaches to drive user engagement, integrate new technologies, and enable continuous business expansion. Scott is known as a decisive manager who has led rationalization, modernization and transformational initiatives, leading organizations from startup phase to 900 employees.

Managing Director, Operational Oversight

Trudy Barton

State Licensing Information

BUSINESS PURPOSE LOANS

Wholesale Lending

  • Acra will work with Licensed & Unlicensed Brokers
  • Acra will work with Licensed Brokers Only
  • Acra Does Not Lend in These States
  • Acra will lend subject to Special Broker Licensing Rules

Broker License Required If:

  • Borrower is natural person, and loan is secured by residential 1-4 dwelling (MT and VA)
  • Loan is secured by residential 1-4 dwelling, regardless of whether borrower is a natural person or an entity (ID)
  • Borrower is natural person, and loan is secured by multifamily 5-29 dwelling (FL)
  • Broker may require a TN Industrial Loan & Thrift Registration, if not otherwise licensed in state (TN)

CONSUMER PURPOSE LOANS

Consumer Direct Lending

  • Acra lends directly to investors in all states and D.C., except AK, ND, SD
  • Acra lends directly to Consumers for 1-4 residential purposes (primary residence or 2nd home)
  • Acra does not lend directly to Consumers for 1-4 residential purposes (primary residence or 2nd home)

LICENSES

Alabama

Alabama Consumer Credit License #22078

Arizona

  • Escrow Agent Lic #1008770
  • Collection Agency Lic #1008769
  • Mortgage Banker Lic #1034431
  • Mortgage Banker OTN #1 Lic # 1034434

Arkansas

Mortgage Banker-Broker-Servicer Lic. # 109106

California

  • CRMLA Lic. # 41DBO-74196

Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act.

  • CFL Lic. # 60DBO-94450
  • DRE Lic # 01799059

Colorado

  • Mortgage Company Registration (No #)

Regulated by the Colorado Division of Real Estate.

Connecticut

Mortgage Lender Lic. # ML-144549

Delaware

Lender Lic. # 020322

D.C.

Mortgage Lender Lic. # MLB144549

Florida

Mortgage Lender Servicer Lic. # MLD523

Georgia

Mortgage Lender Lic./Registration # 23462

Hawaii

Mortgage Loan Originator Company Lic. # HI-144549

Mortgage Servicer Lic. # MS300

Citadel Servicing Corporation dba Acra Lending is licensed in Hawaii as both a Mortgage Loan Originator Company (Lic. # HI-144549) and Mortgage Servicer (Lic. # MS300). Consumers wishing to contact the Hawaii Division of Financial Institutions or file a complaint against a mortgage loan origination company or mortgage servicer can reach the Division using the following methods.  Via mail: Department of Commerce and Consumer Affairs, Division of Financial Institutions, P.O. Box 2054, Honolulu, HI 96805. Via in person or courier: Department of Commerce and Consumer Affairs, Division of Financial Institutions, 335 Merchant Street, Room 221; Honolulu, HI 96813. Via email: [email protected]Via telephone: 808-586-2820.

Illinois

  • Residential Mortgage Lic. # MB.6761204

Licensed by Illinois Department of Financial and Professional Regulation, 100 West Randolph, 9th Floor, Chicago, IL 60601, Phone 888-473-4858.

Indiana

Mortgage Lender Lic. # 30531

Kansas

Mortgage Company Lic. # MC.0025274

Kentucky

Mortgage Company Lic. # MC327787

Louisiana

Residential Mortgage Lending Lic. (No #)

Maine

Supervised Lender Lic. # 144549

Maryland

Mortgage Lender Lic. # 144549

Michigan

1st Mortgage Broker/Lender/Servicer Lic. # FL0020685

Minnesota

  • Residential Mortgage Originator Lic. # MN-MO-144549
  • Residential Mortgage Originator Lic. OTN #1 Lic. # MN-MO-144549.1

Missouri

Mortgage Company Lic. # 21-2557-S

Montana

  • Mortgage Lender Lic. # 144549
  • Mortgage Servicer Lic. # 144549

Nebraska

Mortgage Banker Lic. (No #)

Nevada

  • Mortgage Company Lic. # 4449
  • Supplemental Mortgage Servicer Lic. # 4414

New Hampshire

Mortgage Banker Lic. # 21139-MB

New Jersey

  • Residential Mortgage Lender Lic. (No #)

Licensed by the NJ Department of Banking and Insurance.

  • RMLA-Licensed Mortgage Servicer Registration (No #)

New Mexico

  • Mortgage Loan Company Lic. (No #)

North Carolina

Mortgage Lender Lic. # L-160722

Ohio

RMLA Certificate of Registration # RM.804651.000

Oklahoma

  • Mortgage Lender Lic. # ML012744
  • Mortgage Lender Lic.-OTN #1 – Lic. # ML013105

Oregon

Mortgage Lender Lic. # ML-5599

Pennsylvania

  • Mortgage Lender Lic. # 51804

Licensed by the Pennsylvania Department of Banking.

  • Mortgage Servicer Lic. # 67747

South Carolina

  • Mortgage Lender/Servicer Lic. # MLS – 144549
  • Mortgage Lender/Servicer Lic.-OTN #1 Lic # MLS – 144549 OTN #1

Tennessee

Mortgage Lic. # 125315

Texas

  • Mortgage Company Lic. (No #)
  • Residential Mortgage Loan Servicer Registration (No #)

Consumers wishing to file a complaint against a company or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, Suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at (877) 276-5550. The department maintains a recovery fund to make payments of certain actual out-of-pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.

Utah

  • Residential First Mortgage Notification # UDFI-RFMN2015
  • Mortgage Entity Lic. # 6573920
  • Mortgage Entity Lic. – OTN #1 Lic. # 12074249

Vermont

  • Lender Lic. # 6926
  • Lender Lic.-OTN # 7601
  • Loan Servicer Lic. # 144549-1
  • Loan Servicer Lic.-OTN #1 Lic. # 144549-2

Virginia

Lender Lic. # MC-5845

Washington

Consumer Loan Company Lic. # CL-144549

Wisconsin

Mortgage Banker Lic. # 144549BA

Wyoming

  • Consumer Lender Lic. # CL-3577
  • Mortgage Lender/Broker Lic. # 3781
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