Joseph Grassi

About Joseph Grassi

Mr. Grassi is an experienced advisor on risk, legal, and compliance matters in the financial services industry. Grassi has led legal and risk organizations, partnering with business clients to support innovation and produce extraordinary results. Grassi brings strong relationships in the financial services industry, extensive regulatory experience, and proven ability as a strategic leader.Previously, Grassi served as General Counsel and Chief Risk Officer for Celebrity Home Loans, Chief Risk Officer for Guaranteed Rate, and as Principal Deputy General Counsel for the U.S. Department of Housing and Urban Development. He also served as the EVP, General Counsel for Prospect Mortgage and helped lead the company through its acquisition by HomeBridge Financial in February 2017. In this role, Mr. Grassi led the legal, regulatory and compliance functions for the company and provided strategic counsel to the executive management team and the board. Grassi settled major regulatory matters, provided strategic advice in significant corporate and M&A transactions and streamlined compliance and legal operations in order to substantially reduce costs and improve performance.Grassi served as the Interim General Counsel and Corporate Secretary for Fannie Mae where he was responsible for overseeing Fannie Mae\'s Legal and Government and Industry Relations departments. He served as a senior adviser to the Chief Executive Officer and the Board of Directors.Grassi is an experienced senior leader with deep real estate, financial services and mortgage industry experience. As a critical member of the executive team, Grassi is focused on delivering results for business partners, leading a team of risk management, legal and compliance professionals and managing though enormous change in the industry.

Experience

1. Chief Risk Officer (CRO)

   loanDepot

   Sep 2022 — Present

Education

• Villanova University

  BSBA, Business

  1981 — 1985

• Villanova University Charles Widger School of Law

  JD, Law

  1985 — 1988

Skills

• Corporate Governance
• Due Diligence
• Real Estate
• Mergers & Acquisitions
• Strategy Development
• Loan Servicing
• Risk Management
• Corporate Law
• Contract Negotiation
• Loans
• Loss Mitigation
• Employment Law
• Privacy
• Executive Management
• Foreclosures
• Joint Ventures
• Construction
• Structured Finance
• Mortgage
• Mortgage Lending
• Arbitration
• Real Estate Economics
• Strategy
• Negotiation