Richard A. Conforti

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.