Director OF CLOSING
Donna Ruth currently serves as Senior Vice President – Director of Closing. Donna joined Dwight Capital in April 2015 in the St. Petersburg, FL office as Assistant Vice President of Closing. In early 2016 she became Vice President of Closing and fully responsible for Managing the Closing Department. Since coming to Dwight, Donna has closed over $1.6 billion in FHA loans through February, 2017. Her responsibilities include developing and managing the Closing Department, coordinating and interfacing with loan Originators, Underwriters, Analysts, Dwight’s legal teams, Servicing, P/R Mortgage & Investments (lender), KeyBank (lender), Borrowers, Borrower legal teams, Brokers, Title companies, HUD Underwriters, HUD Closing Coordinators and HUD legal counsels. In addition to bringing loans to Close in an orderly and timely manner, Donna trains new staff, manages various reports, continually develops more efficient and improved processes and automated Excel spreadsheets utilized by Dwight Capital, updates production pipeline, reviews loan documents, obtains Closing due diligence, assures insurance compliance, calculates tax and insurance escrows, composes Closing Statements, coordinates funding and disbursements.
Before coming to Dwight Capital Donna was the Office Manager and Closer for the Tampa, FL office of Berkadia Commercial Mortgage where she closed more than $800 million CMBS, Conduit, Life Insurance Company and Freddie Mac transactions throughout the Southeastern United States. She worked closely with Underwriting, legal counsels, Title companies, Servicing and factions in Berkadia’s U.S. and India offices. In addition to managing the office, IT and handling all Closings for the Tampa branch she worked with Origination/Underwriting to research and generate new loan proposal packages, engaged third party reports vendors, credit/background reports, insurance compliance review, drafted lease abstracts, maintained production pipeline, network database and lead generation for the Tampa office. Donna received several company-wide awards for her work. Prior to Berkadia Donna worked in Loan Servicing for all five offices of Tavernier Capital Partners until they were acquired by Berkadia in 2011. She was directly responsible for the portfolio of loans held by numerous Life Insurance Companies including, but limited to, American General, ING, Lincoln, Nationwide, Protective and UNUM. Throughout Donna’s career she has held Management positions, including owning and operating a Website Design & Maintenance Company.
Donna has obtained numerous course Certificates related to Commercial Real Estate, Freddie Mac/Fannie Mae, Mortgage Banking and Web Design. She earned her degree in Computer Programming and Information Systems Analysis from Maxwell Institute of Computer Technology and Computer Learning Center. Donna has always been an active volunteer in her community and schools.