Vice President or Relationship Manager or Asset Manager

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PATRICK C. FREEMAN 702 Epperson Way Cell 281-728-2520: Home 281-980-3425 Sugar Land, TX 77479 [email protected] I am seeking new opportunities in the commercial real estate lending sector. SUMMARY An accomplished and multi-talented professional with 30 years in the banking ind ustry specializing in niche sales, credit, and real estate asset based portfolio management. I am capable of fitting into many high-level lending, servicing, o r REO positions. Further, I can easily be transition into new rolls when the in dustry/market conditions change. Areas of expertise include: a a a a a a a a a a a a a a a Loan Origination Marketing and Sales Business Development Contract/Legal Analysis REO / ORE Asset Management Customer Relationships Contract Repudiation Risk Management Asset Portfolio Management Strategic Planning and Implementation Credit Analysis Loan Operations Real Estate Title Analysis Real Estate Valuations Project Management

PROFESSIONAL EXPERIENCE CONTRACT WORK SOLOMONEDWARDSGROUP, WAYNE, PA AUGUST 2009-SEPTEMBER 2010 Asset Manager (Contractor) Currently On Call Dedicated high level expertise in the management and disposition of a distressed $3.2 billion mortgage warehouse loan portfolio held by the FDIC as Receiver for Colonial Bank and Platinum Community Bank, Orlando, FL. As a Task (by project) Asset Manager, successfully supervised 2 to 22 staff members. a Researched and delivered analysis/reports to substantiate a $1.0 billion FDIC claim in mortgage ownership rights. a To FDICas benefit, uncovered approximately $480 million of mortgage loan parti cipation interests. a Provided viable solutions to the FDIC via hundreds of case recommendations inv olving mortgage loan resolution and third party contract actions/repudiation to maximize asset/loan recovery values and/or minimize FDIC risk, respectively. FD ICas concurrence/approval rate was ~100%. STONE ADVISORS LP, DALLAS, TX SEPTEMBER 2008-AUGUST 2009 Asset Servicing Professional (Contractor) On-site post closing asset management subcontractor for the FDIC as Receiver for Silver State Bank, Henderson, NV. a Authored FDIC case recommendations involving mortgage loan resolution and thir d party contract actions/repudiation to maximize asset/loan recovery values and/ or minimize FDIC risk. FDICas concurrence/approval rate was ~100%. a Managed a deeply distressed $151 million commercial loan portfolio. BANK CONSULTANT & 2007 - 2008 AT THE FIELD, LLC (DBA: AT THE FIELD PHOTOGRAPHY), SUGAR LAND, TX 2008 (currentl

y inactive) Owner a While concurrently investigating banking related opportunities, opened a busin ess to pursue a personal passion. MORTGAGE WAREHOUSE LENDING (CAPITAL LINES OF CREDIT) WASHINGTON MUTUAL, MORTGAGE BANKER FINANCE, HOUSTON, TX 1997 a" 2007 BANK UNITED, HOUSTON, TX (acquired by WaMu) Vice President, Relationship Manager III Successfully sold and serviced mortgage purchase agreements and revolving wareho use lines of credit to Mortgage Bankers (credit commitments ranged from $15 mill ion to $2.5 billion). Entire department laid-off as part of WaMuas corporate do wnsizing strategy. a Serviced a $1.8 billion mortgage warehouse loan portfolio that delivered net i ncome of ~$8 million per year. a Effectively managed and safely expanded client relationships that focused on p rofit margins, quality service, and effective collateral management. a Developed and serviced a $1.2 billion commercial deposit portfolio (used to fu nd the departmentas credit demands). a Mortgage Banker Finance Competitor Presentation Contest, Commercial Group, 200 6: 1st Place. a Performance Awards, Commercial Group, 2004, 2005 & 2006: Outstanding Individua l Performance Recognition. COASTAL BANK, SSB, HOUSTON, TX 1990 a" 1997 Assistant Vice President, Warehouse Lending (1995 a" 1997) Sold and closed revolving mortgage warehouse lines of credit to Mortgage Bankers . a Successfully developed and serviced a $168 million mortgage warehouse revolvin g lines of credit portfolio. a Effectively managed client relationships that focused on quality service, coll ateral management, and product development. REO Sold over 1,000 pieces of real estate throughout the U.S, with higher recovery a mounts than competitor banks. At each company identified below, focus was on mi nimizing carry costs and maximizing asset recovery value. Success was measured through property sale closings & marketing time analysis, rental property analys is, and budget scrutiny. Activities were proficient by utilizing pro-active mar keting strategies, sound financial analysis (including Discounted Cash Flow anal ysis), and preparing title conveyance early. COASTAL BANK, SSB, HOUSTON, TX (continued from above) Assistant Vice President, REO (1990 a" 1995) a Managed and successfully liquidated a $62 million REO portfolio (single family , multi-family, and small commercial real estate properties.) The contractual t en year obligation with the RTC/FDIC was completed in six years, whereby the Com pany was awarded an early performance settlement of $1 million. FIRST GIBRALTAR BANK, FSB, HOUSTON, TX 1988 a" 1990 Asset Manager, Land Lending Department - REO a Managed and successfully liquidated a $27 million REO portfolio (single-family lots and vacant commercial real estate properties.) HOME SAVINGS ASSOCIATION, HOUSTON, TX 1983 a" 1988 (Merged into First Gibraltar Bank above via FSLICas Southwest Plan) Asset Manager, Real Estate Department - REO a Managed a staff of three and successfully liquidated a $46 million REO portfol io (single family, multi-family, and small commercial real estate properties) an d generating $1 million annual gross rental revenue.

EDUCATION Graduate Degree, Southwestern Graduate School of Banking at Southern Methodist U niversity, Dallas, TX B.B.A, Marketing, Western Michigan University, Kalamazoo, MI Proficient in Microsoft Office Applications A Background Investigation (BI) was completed by U.S. Office of Personal Manage ment (US OPM) on March 6, 2009, and a favorable determination was made. Non-Smoker

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