Advisory Board

The Group’s Advisory Board consists of mortgage banking industry veterans and seasoned corporate finance professionals that provide the Managing Partners with valuable, introspective advice and strategic guidance.  At present, the following individuals sit on the Group’s Advisory Board:

Patrick Dalrymple

Mr. Dalrymple spent 20 years as a CEO of banks that specialized in mortgage banking.  He was Chief Operating Officer of Rocky Mountain Savings & Loan (Glenwood Springs, Colorado) from 1967 until its sale in 1971; President of Aspen Savings & Loan (Aspen, Colorado) from 1973 until its sale in 1985; President of Colorado Federal Savings Bank (Denver, Colorado) from its inception in 1990 to 2006, and Vice-Chairman from 2006 until the bank’s sale in June 2008.
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Edward K. Elanjian

Mr. Elanjian was a formerly a Managing Director and head of the financial advisory practice of Cohane Rafferty Securities, a large market participant in the field of mortgage banking mergers and acquisitions.  He has personally been involved in over 100 M&A transactions, including the sales of Wells Fargo Mortgage, Fleet Mortgage and HomeSide Lending.  His clients included some of the industry’s largest and most recognized names, including Countrywide Mortgage, Chase Home Mortgage, Citicorp Mortgage and the Federal Deposit Insurance Corporation (FDIC).

Mr. Elanjian is the currently the CEO of EnviroFinance Group, LLC (EFG), known throughout the industry as “the brownfield lending specialists.”  EFG is the first commercial lender to specialize in financing the acquisition, remediation and redevelopment of contaminated land throughout the United States, and has recently expanded its focus to include financing renewable energy projects.
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Anita Kwan

Mrs. Kwan has 25 years of corporate and operational management experience in the mortgage banking industry and is currently CEO of ComplianceEase.  In 1986, she co-founded Integrated Capital Group (ICG) and served as the company's president and COO.  Following the Money Store's acquisition of ICG, she was a member of the Money Store team that successfully negotiated the merger terms that ultimately led ICG to become a subsidiary of the First Union Corporation.  Her continued leadership as president and COO of ICG was a key factor in making ICG one of First Union's most profitable business units.  Mrs. Kwan holds an MBA from the California State Polytechnic University, Pomona and a BS in Business Administration from the University of La Verne.
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Willem F. “Bill” Ridder

Mr. Ridder has over 50 years of executive management experience in the financial services industry. At the age of 55, in 1985, Mr. Ridder founded First Collateral Services, Inc., one of the country's first mortgage warehouse lending operations, providing short term financing to mortgage bankers and brokers.  During his tenure, First Collateral was sold five times to different financial entities.  The company was ultimately acquired by Citigroup Inc.  Mr. Ridder's strong leadership was instrumental in the company's survival under multiple parent companies and in unpredictable business environments.

Prior to founding his own company, Mr. Ridder developed his management skills as an officer at Bank of America from 1954 to 1984. He held numerous senior positions at the bank, including a senior executive position in International Bank Operations in the Europe, Middle East and Africa Divisions for more than 10 years.  Subsequently, he held the position of Head of Operations and Control of the World Banking Division, headquartered in San Francisco, California.  In this position, he had administrative responsibility for the operations in North America, Latin America, Asia, Europe, Middle East and Africa Divisions.  Mr. Ridder received his Bachelor of Arts degree in Finance at Avondschool Mercurius, Rotterdam, the Netherlands. He also received his Pre-Standard, Standard and Graduate degrees from the American Institute of Banking in Los Angeles, California and a Graduate degree from the School of Mortgage Banking, Northwestern University, Evanston, Illinois.
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Edward Gruben

Mr. Gruben has over 30 years of experience in financial and tax consulting. Currently, Mr. Gruben serves as Chief Financial Officer of Karman Inc., a designer, manufacturer and distributor of fine western clothing products under the names Roper Apparel and Footwear, and Stetson.  For 12 years, Mr. Gruben was the Chief Financial Officer of The Chotin Group, a company that specialized in the securitization of financial assets.  Mr. Gruben also served as the Chief Financial Officer of Uniwest Financial Corporation, a non-diversified savings and loan holding company from January 1985 to December 1987.  Prior to 1987, Mr. Gruben was the Director of Taxation of Lehman Butterwick & Company, a regional public accounting firm, was a member of the tax department of Fox & Company (now Grant Thornton), a national accounting firm, and was a field agent with the Internal Revenue Service.  Mr. Gruben attended the University of Colorado where he received a BSBA degree in accounting and physical sciences, with extended studies at the University of Denver in its Graduate Tax Program.
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