NEW YORK, Sept. 11, 2014 /PRNewswire/ -- Larry Walker, a mortgage banking veteran with more than 30 years of industry experience, has joined audit, tax and advisory firm KPMG LLP as a Managing Director in the firm's Mortgage and Consumer Lending Group.
Walker, based in the firm's Dallas office, plays an important role in KPMG's efforts to guide clients through the complex consumer credit market landscape. He assists clients in mortgage and consumer lending business process improvement, compliance with new regulations, and transaction execution. He also provides financial institutions with technology and business strategy assistance.
"Larry's unique background combining top level hands-on mortgage industry operational and consulting experience is indispensable to our clients as they seek critical assistance navigating the complex mortgage and consumer lending market," said Mark Twerdok, KPMG partner and U.S. Credit Risk Services Leader. "The need for well-informed consumer credit risk guidance has intensified due to the constantly changing regulations governing mortgage and consumer lending. It is imperative that we have the knowledge and experience of industry professionals such as Larry to guide mortgage and consumer lending organizations through the changing financial, regulatory and operational requirements brought about by new reforms and regulations."
Prior to KPMG, Walker served as a Senior Consultant at Newbold Advisors LLC, where he helped some of the largest mortgage lenders and servicers in the U.S. comply with new regulation and execute operational improvements. Prior to this position, Walker served as President and CEO of the mortgage division of Dallas-based Beal Bank. Earlier in his career, while a Managing Director at IT company Electronic Data Systems, Walker successfully led industry-changing innovations highlighted by the implementation of automated underwriting for U.S. mortgage lenders and the development of Mortgage Electronic Registrations Systems (MERS), an industry-wide utility for tracking and trading lien holder rights.
Walker is a Master Certified Mortgage Banker, the highest recognition awarded by the Mortgage Bankers Association School of Mortgage Banking. He attended the University of Akron, and has attended executive leadership programs at Babson College and the University of Massachusetts, Amherst. He also received training at University of Pennsylvania's Wharton International School of Real Estate Finance.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.
| Contact: |
Michael Rudnick |
| KPMG LLP |
|
| 201-307-7398 |
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SOURCE KPMG LLP
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