Charles K. Smith (C.K.)
Principal, Mortgage Finance
Charles K. Smith is a Principal Sandler O'Neill + Partners, L.P. Mr. Smith’s career in the mortgage banking industry spans 32 years, representing Sandler O’Neill Mortgage Finance L.P., Thompson McKinnon Mortgage Finance, Indiana Mortgage Company, Olympic Mortgage Company, and Lincoln Service Corp.
Mr. Smith has been a member of Sandler O'Neill + Partners, L.P., for the last 27 years and is responsible for managing Sandler O'Neill Mortgage Finance L.P. He guides the subsidiary in advising our clients for securitization, sale, and acquisition of performing, sub-performing and non-performing residential, multifamily, commercial, and consumer loans. Under his guidance since 1996 to 2016, Sandler O’Neill has advised on over 910 loan portfolio transactions with an aggregate principal amount in excess of $42.72 BN.
Mr. Smith oversees and assists with constructing asset valuations consistent with FASB/GAAP and asset bid price levels to support asset acquisitions and portfolio restructurings involving multibillion-dollar loan and servicing portfolios. He was responsible for overseeing and contributing to the firm’s development of a static life-of-loan projected cumulative loss model. This innovative model has generated asset valuations to support portfolio valuations, FDIC- and CUNA-assisted bids, and open bank acquisitions. Mr. Smith oversees the valuation of over $2.5 billion of loans serviced for others quarterly. He coordinates all transaction-related activities to ensure professional execution, realization of client objectives, and integration of multiple transaction requirements for analytical, underwriting, delivery, and valuation resources.