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    David A Laboy
  • David A Laboy

About Me

Mortgage Consultant

Experienced in Mortgage Operations with expertise in the areas of Mortgage Servicing Administration, Investor Accounting and Secondary Market Management. Skilled in all general accounting procedures. Knowledge in the area of Securities Operations and Bank Procedures.


  • Phone : (787) 717-1210
  • Email : david.laboy@dlaboy.com
  • Website : www.dlaboy.com
  • Adresse : B-22 Río Hondo Street Monte Casino Heights Toa Alta, PR 00953

Year Experience




Excelente knowledge of formulas and Analitic Metric



specific techniques to increase their performance

  • Leadership 98%
  • Interpersonal Communication 98%
  • English 100%
  • Spanish 100%


  • Present
  • EMI Equity Mortgage, Inc., San Juan, PR

    Investor Accounting/Reporting and Servicing Manager

    Responsible for the administration of 4,500 loans in portfolio, with an outstanding balance of $375+ Millions. Supervising daily Escrow operations (Tax & Insurance), Loan Boarding, Payment Processing, Customer Service, Loan Modifications, etc. Monitoring of Corporate Advances related to negative escrow, P&I Remittance and Default payments to third parties. addressing complains and resolving problems. Responsible for establishing, monitoring and supervising the action plan for the Department.

    DEC 2013 to Present
  • First Bank PR, San Juan, PR

    VP – Default Manager & Interim Servicing Manager

    In charge for all Mortgage Servicing operations, maintaining keep compliance as per RESPA, FDIC and CFPB requirements (Escrow Customer Service and Compliance Administration), supervising modification process thru LPS/MPS from Loss mitigation department. Supervise daily operations of 41K active accounts with 5.1Bil in outstanding balance; with 50% own portfolio ($2.6M) including TDR, NPL and Non-Accrual administration thru servicing operations. Coordinate Credit Heightening on loan repurchase requested by GSE’s Guide Lines and Delinquency Ratios requirements, Supervise Cash administration on Recoverable and Non-Recoverable advances on transactions related to Foreclosure and Loss mitigation processes. In addition of loan origination accounting and disbursement procedures

    May 2012–July 2013
  • First Bank PR, San Juan, PR

    VP – Default Manager

    Responsible for all Mortgage Default operations, including but not limited to Foreclosure, Bankruptcy, Claims and Default Reporting in compliance with RESPA, FDIC and CFPB requirements Supervise modification process thru LPS/MPS from Loss mitigation department. Overseen daily operations of Front End collections process and establish collection strategies for Inbound and Outbound collections. Create new collections and reporting policies for Mortgage operations, in conjunction of Risk department. Maximize of mortgage servicing system utilization, including Foreclosure Desktop and REO workstation.

    Sep 2011–May 2012
  • Doral Bank, San Juan, PR

    VP – Investor Accounting, Legacy Mortgage And Strategic Business Lines

    Strategic management of $2B credit enhancement servicing contracts (recourse) with the purpose of reducing credit risk and carrying costs. Determine profitability of Mortgage Servicing Contracts, reduce corporate risk and accurately reserve on recourse exposure clauses. Risk Management collaboration to establish new alternatives and products for the Loss Mitigation Area. Coordinate interdepartmental integration for Loss Mitigation Tools and strategies; including creation of corporate procedures for Default Reporting at Servicing Department.

    January 2009–May 2011
  • Education
  • B.A., Major in Finance

    University of Puerto Rico, Río Piedras Campus

    Minor in Accounting

Get in touch

B-22 Río Hondo Street
Monte Casino Heights Toa Alta, PR 00953

(787) 717-1210
(386) 215-7465

Contact me