Mary Costello

About Mary Costello

I am a seasoned mortgage and finance professional who began my career at the nation’s #1 VA purchase lender during a period of explosive growth—a true baptism by fire that revealed my resilience and passion for the industry. From managing high-volume pipelines to leading teams of processors, I’ve successfully championed both operational excellence and team development. It’s a privilege to see many former colleagues taking the reins and doing big things!I went on to join FormFree, a dynamic fintech reshaping the lending landscape. There, I expanded my expertise by designing and executing a full-scale compliance program. With a lean but dedicated team, I built a risk register, authored a comprehensive policy library, launched a third-party risk program, managed all internal and external audits, and led regulatory monitoring and risk management efforts. I believe compliance should be a strategic partner—not just a gatekeeper—committed to understanding context and crafting solutions that work.Now at AMS, an innovative regtech startup focused on automating mortgage servicing compliance, I continue to oversee all core compliance functions - while also expanding into developing data dictionaries, converting complex regulations into automatable syntax, and building customized rule sets tailored to each client’s portfolio. It’s been an exciting opportunity to evolve my skills while staying grounded in my passion for compliance and transformation.

Experience

1. Compliance Consultant

   Firstline Compliance, Llc

   Sep 2025 — Present

Education

• Westminster College (MO)

  Bachelor's degree, Economics

  2001 — 2005

Skills

• Business Relationship Management
• Loans
• Conventional Financing
• Microsoft Office
• Team Management
• Mindfulness Based Stress Reduction
• Leadership
• Usda Rural Housing
• U.s. Fha Financing
• Mortgage Lending
• Credit Analysis
• Vendor Management
• Work Life Balance
• Credit
• Customer Service
• Va Loans