Eric J. Nokken
Mr. Nokken is an expert in the accounting and regulatory reporting related to mortgage banking activities.
Eric J. Nokken
Director
Specializing in MSR Valuations, Mortgage Banking Derivatives and SBA 7(a) Gain on Sale
Biography
Mr. Nokken has over 20 years of experience in the financial services industry and has been with Wilary Winn since 2004.
Eric leads Wilary Winn’s mortgage banking activities line of business. His team provides mortgage servicing rights valuations on portfolios that range in size from $4 million to over $4 billion for over 400 clients across the country. Eric is an expert in the accounting and regulatory reporting related to mortgage banking activities, including interest rate lock commitment and forward loan sale commitment derivatives, as well as mortgage servicing rights.
Mr. Nokken also values commercial servicing rights, Small Business Association (SBA) servicing rights and gain on sale calculations related to SBA loan sales as well as auto, home equity and home equity line of credit (HELOC) servicing related to loan sale participations.
Prior to joining Wilary Winn, Eric served as Manager of Financial Planning and Analysis at GE Home Finance and its predecessor company. His work included developing financial models to budget the servicing operation’s delinquencies, losses and required reserves, as well as forecasting interest income for the company’s home equity portfolio. He also valued the company’s servicing rights and residual assets quarterly.
Eric has also served as an Assistant Lender in a community bank.
FEATURED
WHAT OUR CLIENTS SAY
“At OnPoint we find tremendous value in a trusted partner like Wilary Winn. We have been working together for the past eight years and have found that they are easy […]”
– Jim Hunt, Senior Vice President & Chief Financial Officer, OnPoint Community Credit Union – Portland, OR