Falcon Capital Advisors is pleased to announce the addition of David Zhang to their consulting firm. David Zhang has over 20 years of experience working with commercial and investment banks, financial institutions and GSEs in areas of strategic planning, business transformation, change management, risk management, compliance and internal controls. His expertise extends particularly to mortgage banking products, structured finance, derivatives and hedging as well as financial regulations and accounting rules. Prior to joining Falcon Capital Advisors, Mr. Zhang founded Reicon Global Advisors in New York to provide management and strategy consulting to its clientele, including business turn-around and execution services. Previously, Mr. Zhang was Asia Pacific CFO and senior director for Standard & Poor's, overseeing all finance functions and operations, including M&A, for credit rating, Capital IQ and index businesses. Mr. Zhang also held executive roles with Shinsei Bank and Lehman Brothers, respectively, in finance and capital markets area. In addition, Mr. Zhang advised Fortune 100 and GSE clients as a management consultant working for Ernst & Young and Arthur AnderseMr. Zhang holds a MBA degree from The Wharton School of University of Pennsylvania and a BBA degree from Baruch College, CUNY. He is a Certified Public Accountant (CPA) and a Chartered Financial Analyst (CFA).
Falcon Capital Advisors is awarded the Department of Housing and Urban Development's contract to provide financial operations support services for the National Servicing Center.
Falcon Capital Advisors hires Christina Pamphilis as a Research Assistant. Christina graduated from DePaul University and is from Chicago. She has previously worked on Capitol Hill and at CQ Roll Call.
- Armando Falcon and Robert Gaither attend the Mortgage Bankers Association (MBA) Annual Convention & Expo in Boston, MA.
- Falcon Capital Advisors became a member of the Mortgage Bankers Association (MBA).
Falcon Capital Advisors is awarded the Department of Housing and Urban Development's contract to assess the short and long term effects of housing counseling services on consumers.
Rob Gaither attends Mortgage Bankers Association (MBA) National Secondary Market Conference in New York City.
U.S. Department of Agriculture (USDA) Rural Housing Services (RHS) awards Falcon Capital Advisors a contract to assist RHS develop risk management audit and credit committee procedures.
Falcon Capital Advisors is pleased to announce the addition of Robert Gaither to their consulting team. Mr. Gaither has over 40 years of mortgage banking experience in strategic planning, secondary marketing, hedging, trading, relationship management, product development, MSR acquisitions, and retail and correspondent lending. Prior to joining Falcon Capital Advisors, he was the Investor and Counterparty Relations Executive at PNC Mortgage and part of the executive leadership team. Mr. Gaither has held numerous senior level positions at Bank of America, United Guaranty Mortgage Insurance Company, and First Union/Wachovia Mortgage. Mr. Gaither has served on the Mortgage Bankers Association Board of Directors and the Residential Board of Governors. He previously served as Chairman of the Capital Markets Committee for the Mortgage Bankers Association. Mr. Gaither also serves on the Advisory Boards for the Housing Policy Council, Fannie Mae, and Freddie Mac. He holds a B.B.A. from the University of Georgia.
Armando Falcon was a guest panelist at the National Association of Hispanic Real Estate Professionals 2016 2 Housing Policy & Hispanic Lending Conference in Washington, DC. Mr. Falcon spoke on current U.S. Housing Policy. As a housing policy thought leader, Mr. Falcon offered his insight and expertise to conference real estate professional on the intricate issues of the current U.S. housing policies.
Armando Falcon and Brien Hampton attend Asset Backed Securities (ABS) Conference in Las Vegas, Nevada. The conference is developed by leaders within the structured finance industry representing the full spectrum of industry participants including investors, issuers, financial intermediaries, regulators, law firms, accounting firms, technology firms, rating agencies, servicers and trustees.
Falcon Capital Advisors is proud to announce the modification of their GSA PSS Schedule Contract # GS-10F-074CA to include the following SINs: 520-2, 520-13, 874-1, and 874-7. Falcon Capital Advisors looks forward to continuing their working relationship with the Federal Government and hopes the new SIN numbers of their GSA PSS Schedule will accommodate federal agencies in their current and future contract goals.
Armando Falcon, Guest Speaker at Asset Backed Securities (ABS) East in Miami Beach, Florida. Mr. Falcon played a key role in overseeing the U.S. secondary mortgage market and the stability of the U.S. housing finance system as a Clinton Presidential appointee through President George W. Bush era. He now provides strategic advice and technical assistance to private and government clients. Mr. Falcon shared his knowledge on matters involving regulatory compliance and remediation, mortgage market operations, program management, process improvement, and portfolio risk management.
Topics at the ABS East Conference included:
- U.S. Economic Outlook Including Consumer Fundamentals, Housing and Interest Rate Forecast and Other Major Macro Factors Impacting the ABS Market Trends in Securitization: The Hottest New Asset Classes and Best Areas for Investing
- Impact of U.S. and European Risk Retention Rules, Basel III, QM, HQS and Other Global Regulatory and Labeling Initiatives on Issuance Volume and Investor Appetite
- RMBS Market: GSE Update, PLS 3.0 Efforts, Non QM and Other Significant Residential Mortgage Market Developments
- Single Family Rental Securitization
- The CLO and Leveraged Loans Market Including Manager Consolidation under Risk Retention, Collateral Supply Concerns and Other Major CLO Industry Trends
Falcon Capital Advisors is now a certified GSA MOBIS contract holder (GS-10F-074CA). Under the 874 Federal Supply Schedule, Falcon Capital Advisors has been certified to provide services covered by SIN 874-1 Integrated Consulting Services and SIN 874-7 Integrated Business Program Support Services. Services covered by these SINs include:
- Management or strategy consulting, including research, evaluations, studies, analyses, scenarios/simulations, reports, business policy and regulation development assistance, strategy formulation, and expert witness services
- Facilitation and related decision support services
- Survey services, using a variety of methodologies, including survey planning, design, and development; survey administration; data validation and analysis; reporting; and stakeholder briefings
- Advisory and assistance services in accordance with FAR 37.203
- All phases of program or project management, from planning to closeout
- Operational/administrative business support services in order to carry out program objectives
Armando Falcon is appointed to the Board of Directors of the National Association of Hispanic Real Estate Professionals (NAHREP).
At the 2015 National Association of Hispanic Real Estate Professionals (NAHREP) Housing Policy & Hispanic Lending Conference, Armando Falcon moderates the NAHREP Hispanic Wealth Project Town Hall - The Path to a 50% Hispanic Homeownership Rate. Panelists, composed of industry leaders, discuss the framework to the Hispanic Wealth Project as well as suggested actions needed by companies within the industry to contribute to achieving the goals to triple Hispanic household wealth in the next 10 years and to achieve a fifty-percent Hispanic homeownership rate by 2024.
Armando Falcon participated in the ABS Vegas 2015 conference as a member of the panel entitled GSE Reform: Legislative Proposals from Capitol Hill. The session focused on key material issues that arise when considering how to reform federal housing finance policy and Fannie Mae and Freddie Mac Risk sharing, systemic risk, guarantee fee structuring and pricing, preservation of the TBA market, transition management, and other issues.
Falcon Capital Advisors is awarded the National Credit Union Administration's contract to assist the NCUA in accomplishing its consumer compliance policy and outreach tasks including, fair lending examinations, consumer compliance policy and program review, financial literacy program review, and consumer protection and compliance issues assessment. As the Prime Contractor, Falcon Capital Advisors will be responsible for writing supervisory documents and developing training resources for credit unions, and developing financial literacy aids for consumers on new regulation promulgated under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Armando Falcon is appointed to the Board of Directors of the New York based company, American Stock Transfer & Trust Company, LLC. Mr. Falcon serves as Chair of the Compliance and Risk Committee.
January 10, 2014
Armando Falcon met with top officials of the Japan Housing Finance Agency, including President Shinya Shishido, to discuss recent developments in the U.S. and Japan housing markets.
MR. Shinya Shishido (LEFT) AND MR. ARMANDO FALCON (RIGHT)
October 10, 2013
Armando Falcon met with an official of the Japan Housing Finance Agency, Mr. Masahiro Kobayashi, and First Secretary of the Embassy of Japan, Mr. Tetsuji Watanabe, to discuss recent developments in the U.S. and Japan housing markets.
June 11, 2013
Structured Finance Industry Group (SFIG) hires Falcon Capital Advisors to work on its regulatory efforts in Washington, DC with a particular focus on mortgage-related issues. [MORE]
April 3, 2013
National Mortgage News interviews Armando Falcon on the FHFA's plan to build a new securities platform. [MORE]
March 25, 2013
Armando Falcon participated as a panelist in the NAHREP Policy 2013 Session at the NAHREP Housing Policy & Hispanic Lending Conference in Washington, DC.
February 1, 2013
Armando Falcon participated in the Engines for Economic Recovery: Outlook for Housing and Economic Development panel at the 2013 New York Bankers Association Annual Meeting and Economic Forum.
September 29, 2012
Falcon Capital Advisors is awarded the 4 year M&M III Operations Assessment contract by the Department of Housing and Urban Development (HUD), Federal Housing Administration. As the Operations Assessment Contractor, FCA will provide business process improvement, employ methodologies to detect mismanagement and assess risk management performance to enhance the activities surrounding HUD's Real Estate-Owned (REO) properties and procedures.
June 20, 2012
Armando Falcon speaks before a joint meeting of over 1,000 members of the China Real Estate Association and the Asia Real Estate Association of America in Beijing, Hangzhou, and Shenzhen, China on the state of the US housing market. [MORE]
May 4, 2012
Armando Falcon publishes an op-ed in the American Banker titled "Ed DeMarco is Just Doing his Job" regarding FHFA and principle forgiveness. [MORE]
January 20, 2012
Armando Falcon appears on CNBCs Power Lunch to discuss the current state of the housing market and his outlook for the future. [MORE]