William C. Schaub 8343 Chinaberry Road Vero Beach, Florida 32963 ws1afbe6a@westpost.

net 772 538 1585 Executive Profile: A senior executive with extensive experience in domestic and global financial in stitutions growing credit and real estate operations. Proven results from crea tive and driven performance in delivering growth with early mover product, consu mer, financial and human capital development, driving efficiencies and operation al excellence and controlling risk. Core competencies include: Executive and matrix management Governance and bank regulatory compliance International and domestic mortgage capital markets Shari(tm)a finance Corporate vision and planning Sales, Communication and Marketing go-to-market strategies and tactics Financial, credit and operational risk management Human capital development Work Experience: Deutsche Gulf Finance (DGF), Riyadh, Kingdom of Saudi Arabia, Project Management of Capital Markets Planning (2009 to 2010). DGF is an Islamic Finance home lend ing business which is a joint venture between Fahad Al Rajhi and Deutsche Bank. Developed and began implementation of the Capital Market plan for a Shari(tm) a compliant home lending start up including; pricing, pipeline management, loan financing strategy, loan sales strategy, policy and procedures Authored the Capi tal Market Strategy and Plan accepted by the Board of Directors. Implemented a risk based pricing model embedded into the LOS developed by Olive r Wyman overseeing testing, launch and model input validation. Developed Shari(tm)a compliant hedging strategy. GE Money Bank (GEMB), Prague, Czech Republic, Central and Eastern Europe Mortgag e Leader (2007 to 2009). Leads the developing, implementing and refining GEMB CE E (Czech Republic, Hungary, Poland, Russia, Romania, Turkey and Latvia) mortgage strategy including new markets, new products and services and work with each of the businesses on operating, risk and funding challenges. Served as Chairman of the Supervisory Council (Board of Directors) of GE Money Bank Latvia from 2008 to 2009. Grew volume 42% in 2007 and 36% in 2008, added 525 mobile and office mortgage s alespersons achieving 6+ per salesperson results. Total Portfolio; $8.2 billio n. Developed multi-jurisdictional capital market funding alternatives for mortgage products in the region. Introduced risk based pricing for mortgages generating over $80 million in prof its in 2008. Developed and implemented a housing leadership communication and media program which resulted in over 400 articles and references in local national and multi-n ational news organizations. The Baltic-American Enterprise Fund (BalAEF), Riga, Latvia, Chief Operating Offi cer of the Mortgage Program (2001 to 2006). Capitalized with a grant from the U .S. government BalAEF provided technical assistance to the Baltic States (Latvia , Lithuania and Estonia) by investing in home-ownership, businesses and real est

ate. As the first mortgage lender in the Baltic(tm)s, BalAEF was active in both primary and secondary market development. BalAEF(tm)s strategic objective was realized when it sold its mortgage business to Allied Irish Bank in 2007. Impl emented the retail, wholesale broker, internet and phone channels and oversaw th e successful branding of the program as AmCredit in the Baltic market. Lead the issuance of the first Residential Mortgage Backed Security of Eastern European mortgages. Developed and completed first time local secondary market sales of over $200 mi llion. Negotiated warehouse lines of credit with commercial and development banks to s upport a balance sheet of up to $120 million. In 5 years grew production from under $12 million per year to over $180 million per year, the servicing portfolio from under $17 million to over $300 million, the employee base from 9 to 120 with an annual operating budget of over $5 milli on Morgan Stanley Dean Witter Credit Corporation (MSDWCC), Riverwoods, IL, Senior V ice President - Financial and Credit Risk Management and Chief Credit Officer (1 998 until 2000). Reporting to the CEO, led the Underwriting, Secondary Marketin g, Planning and Reporting, Quality Assurance, Vendor Management, Training and Co mpliance departments. Implemented a Strategic Planning process, developed a new home equity line of credit product and funding market. Created a Secondary Marketing Department with pricing, pipeline management and sales of over $3 billion in proprietary and conventional loan production at targ eted gain rates in unique secondary market structures. Transitioned the business from a portfolio lender to a mortgage bank which faci litated the company(tm)s volume growth from $800 million to $2 billion annually and introduced an investor base. Drove costs down over 50% while reducing cycle time 20% and increasing product quality measures significantly by introducing a Vendor Management unit and total quality management processes. Merrill Lynch Credit Corporation (MLCC) Jacksonville, FL. Vice President - Seco ndary Marketing (1990 to 1998): Responsible for: managing pricing strategies an d internal client delivery, developing investors for conventional and proprietar y credit products, managing and developing investor and strategic relationships, working with MLCC and affiliate personnel in product development, development o f risk, trading, loan sale and pipeline strategies. Negotiated outsourcing agre ements for both wholesale and retail production, lead a cross-functional team th at implemented new products and enhancements Developed liquid secondary markets for MLCC(tm)s pledged loan programs, trading over $2 billion in conventional and proprietary mortgage product and $ 2 billio n of servicing rights. Identified opportunities to invest $120 million of escrows with affiliates and the local banking community Authored the Secondary Marketing Policies and Procedures Manual and Corresponde nt Sellers Guide Early Career: L.J. Hooker Corporation, Atlanta, GA. Vice President - Operations (1988 to 1990 ) L. J. Hooker International Inc., Stamford, CT. Treasurer and Regional Controlle r (1986 to 1988 Merrill Lynch Commercial Real Estate Inc., Stamford CT. Manager of Financial Re porting: (1985 to 1986) Merrill Lynch Realty Inc., Stamford CT. Internal Auditor (1983 to 1985) Ernst and Whinney, Stamford CT. Auditor (1981 to 1983):

Education: University of North Florida MBA with a concentration in Real Estate Finance, 199 3 Fairfield University BS in Business Administration with a major in accounting, 1 981 Professional: Connecticut Society of Certified Public Accountants GMAC: Residential Funding Corporation Advisory Council Fannie Mae Technology Advisory Council Chairman; Conference on Mortgage Lending in the CEE, September 2007, sponsored b y Marcus Evans Presenter on Mortgage Topics; Various Conferences in Europe sponsored by; USAID and the Building Society Association of the UK Community: American Chamber of Commerce in Latvia, Vice President of the Board of Directors , 2006 to 2007 International School of Latvia, Board of Directors, Chairman and Treasurer, 2002 to 2006 Catholic Charities of North East Florida, Board of Directors, 1996 to 1998 Kristina Jonnson Fund, Board of Directors 1995 to 1998.