Matthew has been with the AHMC team since 2011 serving as both the COO and the Director of Retail Operations. With a unique background that includes an expertise in operation systems and programming as well as strong experience in the mortgage business, Matt brings invaluable perspective and insight to AHMC’s management team and his versatility allows him to fill the "utility knife" role of the management team.
Over the past decade Matt has built a reputation as an expert in centralized management as he has successfully built and managed multiple entities in a multitude of industries including mortgage, real estate, insurance and technology.
His expansive daily duties as the COO of AHMC include supervision of all licensing & compliance, technical support, human resources, accounting, office management, branch operations and marketing & branding
Matt provides crucial leadership in the processing and handling of all loan officer licensing (MU4), branch licensing (MU3) and corporate licensing (MU2). By creating and maintaining a paperless licensing document system, Matt is able to manage the license status of anywhere up to 200 simultaneous employees.
As a specialist in the creation and implementation of web based virtual office environments, Matt handles all technical support issues and projects. His duties in this area include setting up and managing the AHMC email server, operating system, digital meetings using Citrix’s Go to Meeting software and digital document organization & preservation through Lucion File Center. Additionally, this includes the setup of all workstations (including the building and replacing of computer hardware), handling of all workstation support, fax server maintenance, phone system maintenance, e-mail server and file sharing server maintenance.
Responsible for AHMC’s ever-growing branch platform, Matt has developed an easy to use and efficient environment that is attractive to both current and prospective branches of AHMC. With strong production, easy & accessible training, custom system integrations and frequent webinars branch approval, management and growth have become a seamless process under Matt’s leadership.
With a combination of his creativity and technological skill set, Matt is responsible for all of AHMC’s custom marketing material (both digital and print), corporate and branch websites, investor presentations, logo integration, internal corporate newsletter as well as the overall corporate appearance and brand maintenance.
Other day-to-day duties for Matt include overseeing the corporate help desk (file support, DU findings, 1003 issues, understanding investor guidelines and web portals), the human resources department and the company’s internal accounting tasks.
Prior to his time at AHMC, Matt served in a similar capacity as the COO of United Capital Lenders in Southampton, PA from 2007 to 2011. During his tenure in this capacity, Matt was responsible for overseeing the company’s entire branch platform, including the efficient training of over 35 branches and 150 loan originators
George Herghelegiu has been a part of the AHMC team since March 2011, serving as the Vice President of Retail Operations for his entire time with the company. George brings nearly 25 years experience working in various managerial roles, mainly within the mortgage industry, to the AHMC leadership team. His strong supervisory background provides him with a great perspective and understanding of the operational guidance necessary to run a successful business.
Under George’s direction, the company’s retail division has seen expansive and exponential growth over the past several years as he created and developed AHMC’s retail operations center, which he manages on a day-to-day basis from the Huntington Valley corporate office. These managerial duties include the recruiting, monitoring and regulating of AHMC branch managers and loan officers. He also is in charge of monitoring; updating, analyzing and addressing any potential problems that AHMC’s monthly HUD reports may show.
George also works hand-in-hand with the appraisal, settlement & title agents and attorneys who work directly with AHMC. Duties for this include the development of strong and compliant business relationships as well as the monitoring and vetting of settlement and title agents. In addition, George keeps a watchful eye over the company’s expenses which include operating, maintaining and monitoring AHMC’s warehouse line of credit as well as sustaining all of AHMC’s relevant bonds and insurance.
Prior to joining the AHMC team, George served as the President of United Capital Lenders from 2007 until 2011. George was responsible for the creation and development of United Capital’s correspondent lending division and was also responsible for maintaining the company’s warehouse line of credit and the reconciliation of said warehouse line. In addition, George directed and implemented the company’s internal policies as well as its’ compliance standards. Under George’s leadership, United Capital increased total loan production from a paltry $0 to over $285 million in production by 2011. In addition, the company closed upwards of 1,000 FHA loans over a 24 month span ending in March of 2011.
George’s initial foray into the mortgage industry came with First Providian Mortgage, for whom he served as Sales Manager from 2003 to 2007. His impact with the company was felt immediately as under his supervision the group saw its sales increase from $5 million to upwards of $11 million per month, with sales doubling on a per-loan officer basis through the use of retention programs.
Richard has served as the VP of the Secondary Market since February 2009 and brings over 29 years of mortgage industry experience to the AHMC leadership team. With nearly all of his background coming in the secondary marketplace, Rich has an outstanding rapport with nearly all of the investors that AHMC works closely with on a day-to-day basis, an invaluable tool for AHMC. Having worked with some of these investors hands on for nearly his entire career in the industry, Rich carries a strong reputation with him wherever he goes. On a daily level, Rich is responsible for all locks that are submitted to the lock desk through the retail and wholesale platforms, ensuring the diligent shipment of all notes to secondary investors, insuring and shipping all UFMIPs to HUD on FHA files and monitoring the closing/funding department in the Woodland Park corporate office.
Prior to joining the AHMC team, Rich served as a Vice President and Branch Department Supervisor at Icon Residential Capital/US Capital Markets in Pine Brook, NJ from 1999 to 2009. Rich was responsible for selling loans to approved brokers such as FNMA, City, Flagstar and Chase. Under Rich’s leadership, Icon locked anywhere from $75-$100 million in loan volume on a monthly basis. In addition to his role in the secondary department Rich also oversaw the branch platform at the company and was responsible for the pricing, locking and selling of all loans with various investors on a best efforts basis. Packages sold to investors ranged anywhere from $5 million to $25 million.
From 1996-1999 Rich served as a Senior VP at Spires Financial L.P. in Morris Plains, NJ where he oversaw the secondary department and was responsible for placing residential, commercial and multi-family products in the secondary market. Rich ranked as the top salesman (in terms of gross receivables) in each of his three years with the company.
Before that Rich spent just over a year beginning in 1994 at West Jersey Community Bank in Fairfield, NJ as a Senior VP. His duties included the formation and oversight of a Capital Markets division. Rich was responsible for trading packages in the secondary market nationwide.
From 1990-1994, Rich was a Senior VP and principal of the Mortgage Acceptance Group Inc. (MAGI) in Millburn, NJ. His primary duties focused on the general brokerage of all mortgage products in the secondary market as well as serving as a member of MAGI’s policy and strategic implementation team. In addition, Rich began MAGI’s retail operation in 1992 that saw over $120 million in production during a 15-month period.
Rich began his career in the business in 1984 at Westcap Government Securities in Morris Plains, NJ where he served as the VP of the company until 1990. Here he was responsible for brokerage in the secondary market as well as trading government backed securities with Westcap’s parent company.
Rich currently resides in Livingston, NJ with his wife Domenica and his dog LT and thier children Rich JR & Angela, while spending his summer weekends at his shore home on Long Beach Island. You can find him in the Metlife Stadium parking lot each Sunday behind the grill at his infamous New York Giants "Lot J7" tailgate parties.