Charles K. Smith (C.K.)
Principal, Mortgage Finance
Charles K. Smith is a Principal of Sandler O’Neill & Partners, L.P. Mr. Smith’s career in the mortgage banking industry spans 31 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 26 years and is responsible for managing Sandler O'Neill Mortgage Finance, L.P. He guides the subsidiary in the securitization, sale, and acquisition of residential, multifamily, commercial, and consumer loans, for performing, sub-performing and non-performing. Under his guidance over the last 26 years, Sandler O’Neill Mortgage Finance has advised on loan portfolio transactions with an aggregate principal amount in excess of $40 billion.
Mr. Smith assists with constructing asset valuations consistent with GAAP and asset bid price levels to support bank 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.