STEVE NADON

Laguna Niguel, CA 92677

Nadoninbox@gmail.com
949-388-3786-(h) 949-793-3100-(c)
____________________________________________________________________________________

Seasoned housing finance executive with demonstrated record of successfully leading businesses in the
residential lending and financial services industries. Deep experience in strategic planning, financial
management, operations, process controls, people management, due diligence and leadership development.
A diverse skill set that can make significant contributions to the success of large or small companies. My
goal is to join a high-quality leadership team and help them achieve their long-term strategic and growth
objectives.

PROFESSIONAL HIGHLIGHTS

Selected by Fortune 500 Chairman/CEO to oversee newly formed consumer financial services group
Selected by peers to chair industry coalition to curb abusive lending practices
Testified before Sub-Committee of House Financial Services Committee
Served on MBA Board of Directors and Residential Board of Governors

EXPERIENCE

MRN cubed, LLC

President Sept. 2015 Sept. 2016
Responsible for day-to-day operations of the company, which provided quality control, origination support and due
diligence services for direct originators, correspondents, servicers and investors.

Assisted clients achieve significant volume growth by leveraging our lower cost platform
Provided diligence consistency with full credit and regulatory compliance
Expanded client base to include one of the nations largest builders

Plaza Home Mortgage, San Diego, CA

Executive Vice President, Chief Administrative Officer Oct. 2013 Sept. 2015
Responsible for strategic planning, project management, wholesale operations, credit and the correspondent
channel.

Successfully completed the implementation of the new TRID regulations

Achieved 400% increase in volume through the correspondent channel
Strategic Plan Id developed and delivered to Plaza in 2010 had helped grow the company from its pre-2010
volume level of approximately $400mm per month to its current levels exceeding $1B per month

New Penn Financial

Managing Director, Wholesale Division Jan. 2011 Sept. 2013
Founding member of de novo business O2Funding, a wholesale origination business focused on Conforming loan
products. After one year of operations we merged this business into New Penns wholesale mortgage platform.

Grew the New Penn channel from $50mm per month to over $250mm per month
Delivered $22mm in net income to New Penn Financial in first 18-months after merger

Plaza Home Mortgage, San Diego, CA

Executive Vice President, Chief Strategy Officer Sept. 2010 Jan. 2011
Hired by company ownership to develop a long-term strategic plan for the company. After meeting with ownership
and the management team it was my view the ingredients were there for the company to double its origination
volume. I developed a long-term plan for the to follow company to follow with the goal of achieving their growth
ambitions.

Developed comprehensive plan that addressed leadership development, project management, channel
focus and infrastructure support
Company had doubled their annual volumes within 4 years of implementing this plan
Ocwen Loan Origination, Irvine, CA
(operating unit of Ocwen Loan Servicing, LLC)
Chief Operating Officer Jun. 2009 Aug. 2010
Led the implementation process of the operating platform, lending guidelines, staffing fulfillment centers, policies &
procedures, internal quality controls and coordinating with Altisource Origination Services to provide fulfillment
support services.

Option One Mortgage Corp, Irvine, CA

(a wholly owned subsidiary of H&R Block)
President, Chief Operating Officer Jan. 2007 Jan. 2008
Reporting to the CEO, worked with key H&R Block and Option One leadership to assist in the sale of the company.
Assisted in management of the sale due diligence process, providing guidance and information to potential buyers.
Directed day-to-day operations for originations, servicing, risk management, as well as industry, trade and
governmental relations.

Due Diligence completed in April 2007

Initial sale of company negotiated in April 2007
Successful completion of sale transaction finalized in April 2008

H&R Block, Kansas City, MO

Leading diversified financial services company whose core businesses included H&R Block Tax, Option One
Mortgage, RSM McGladrey, H&R Block Financial Advisors and H&R Block Bank.

Group President, Consumer Financial Services Group Mar. 2006 Dec. 2006
Operating responsibilities included H&R Block Bank, H&R Block Financial Advisors and H&R Block Mortgage. Major
focus was the introduction of financial products and services through the H&R Block U.S. Tax platform.

Creation of bank products to serve tax clients resulted in over 2 million H&R Block Bank Emerald Cards
issued in first year on the market
6% increase in assets undermanagement within H&R Block Financial Advisors with significant increase in
advisor productivity
Mortgage products sold into tax client base increased U.S. Tax client retention rates by approximately 9%
Member of the Executive management team and H&R Block Bank board of directors

Option One Mortgage Corp, Irvine, CA

Executive Vice President, Chief Operating Officer Jun. 1995 Feb. 2006
Operational responsibilities included Option One and H&R Block Mortgage originations, lending operations, risk
management, government affairs, industry & trade relations. Member of executive, credit, risk and pricing
committees.

Led volume growth from de novo operations to annual origination volume of $40B and a servicing portfolio of
$75B
Expanded product line from Nonprime to include Conforming, FHA, Jumbo and Alt-A
Grew pretax profits from approximately $10mm in 1995 to over $600mm in 2004 & 2005
Expanded company into bulk acquisition, correspondent and retail channels
Maintained Best in Class customer service levels as measured by outside polls conducted by Gallup
Recognized as a Top Tier Issuer by rating agencies, investment bankers and investors

Senior Vice President, Lending Operations Jan. 1993 May 1995

Member of initial management team. Operational responsibilities included originations, credit & appraisal, post fund
operations, quality control, shipping & delivery, IT, policies & procedures, training and broker administration. Served
as member of executive, operations, credit and risk management committees. Shared the strategic planning process
with the CEO.

Completed the required operating infrastructure within 90-days including initial branch network, operating
platform, infrastructure, LOS, sales & fulfillment staffing and all supporting corporate departments
Worked directly with rating agencies and potential investors to ensure credit quality of products being
originated was salable