Stephen Sprecher
Senior Multifamily Underwriter @U.S. Department Of Housing And Urban Development
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WORK HISTORY
Senior Multifamily Underwriter @U.S. Department Of Housing And Urban Development
Underwrote and financed $1.5 Billion in FHA project financing from September 2014 to present, including 221d4, 223f, 241 and 223a7 insured loans• Responsible for each assigned project\'s overall application, processing, construction, closing, management control, coordination and execution in accordance with HUD\'s published guidelines and guidance. Resolve complex transactional and programmatic issues in project loans. Serves as the primary point of contact for projects assigned with lender, Federal, state and local government agencies, congressional interests, other external organizations, other HUD offices and higher authorities. Served as the principal technical resource staff person for the Multifamily Northeast Region, to provide technical advice and guidance on matters pertaining to statutory and regulatory requirements and other administrative directives• Conducted Concept meetings and decisions for potential new projects • Voting member of Northeast Region Multifamily Loan Committee 2018 to 2020
EDUCATION
MBA, University of Maryland College Park
Masters
JD, University of Maryland School of Law
Juris Doctor
BA, University of Maryland Baltimore County
Bachelor of Science
ABOUT STEPHEN SPRECHER
Underwrote, developed and closed more than $1.87 Billion in developments, loans or insurance of loans to date. Thirty years in lending or developing Affordable, Mixed Income, Market Rate and Community Redevelopment projects. Experience includes financing, underwriting, asset managing, and developing commercial real estate and affordable/mixed-income/market-rate multifamily and single-family housing. Specialties: Includes, but not limited to, affordable and market rate rental housing, underwriting, community redevelopment, LIHTCs, Fannie Mae, HUD programs, funding applications, portfolio management, site selection and development
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