Our Analysts
Craig Focardi, CMB
Senior Research Director, Consumer Lending
Send E-mail

Craig is a Senior Research Director for TowerGroup's Consumer Lending research and advisory service. His specific focus area is mortgage and consumer lending, which covers a wide range of business, process, strategic, and technical topics relating to loan origination, loan servicing, securitization, and risk management. Craig has 25 years of experience in a variety of finance, product development, and business development roles for mortgage technology vendors, lenders, and risk management firms.

Prior to joining TowerGroup, Craig was a financial services consultant for clients that included Wells Fargo. Craig's work included developing new home equity loan products for the Internet channel and creating technology specifications to automate correspondent mortgage lending. Before that, Craig was vice president of marketing for Tuttle Decision Systems, where he developed the positioning and branding for Tuttle's electronic loan pricing technology and secondary marketing risk management systems. He was also director of business development at database vendor Mortgage Information Corp. and vice president of marketing at Indy Mac. Craig spent nine years at PMI Mortgage Insurance Co., where he held management positions in market research, product development, and business development. Craig began his career as an economic analyst at the Federal Home Loan Bank of San Francisco.

Craig has written numerous feature articles for Mortgage Banking (US) and Lending Strategy (UK) magazines and is quoted regularly in American Banker, National Mortgage News, Inside Mortgage Technology, and Mortgage Technology. He speaks regularly at mortgage industry conferences.

In 2003, Craig received the prestigious Certified Mortgage Banker (CMB) designation from the Mortgage Bankers Association. Craig holds an M.A. in applied economics from the University of San Francisco and graduated with high honors from the State University of New York at Oneonta with a B.S. in business economics. Craig also attended Schiller University in Heidelberg, where he studied international trade.

Featured Reports

< Previous 25 | 1-25 of 118 | Next 25>

Integrated Credit and Collateral Risk Management Vendors: Part 2, Vendor Reviews
July 19, 2010

Reinventing US Mortgage Lending: Zero Defects, Strategic Cost Takeout, and Portfolio Risk Management
June 21, 2010

Have Lenders Forgotten the Importance of Accurate Pricing in the Wake of the Credit Crisis?
March 1, 2010

Integrated Mortgage Credit and Collateral Risk Management: Overview for Vendor Selection
February 22, 2010

Credit Crunch II: Game-Changing US Credit Market Predictions to Start the 2010 Decade
December 28, 2009

2010 Top 10 Business Drivers, Strategic Responses, and IT Initiatives in Consumer Lending
December 7, 2009

Credit Correction: Emerging Best Practices in Mortgage Credit Risk Management
November 30, 2009

The Expanding Ecosystem of Mortgage Collections and Portfolio Risk Management Solutions
October 5, 2009

Options for Recovery: Tools for Mortgage Lenders to Thrive Past the Bottom
July 6, 2009

Regulatory Reformation in US Consumer Lending: Permanent Solutions or Quick Fixes?
July 6, 2009

IT Spending in North American Consumer Banking Units (2008–12): Beware the Dips in the Road
April 27, 2009

How Will the Credit and Liquidity Crisis Transform Global Mortgage Funding, Channels and Technology?
April 13, 2009

Lights-Out Processing: Elements of Mortgage Origination and Fulfillment Systems for the Future
March 2, 2009

Technology for Mortgage Default Management: Concrete Options to Resolve Record Delinquencies
January 12, 2009

Pricing Optimization: A Financial Institution's Guide to Choosing an Implementation Method
January 5, 2009

The US Mortgage Banking Crisis: Ripple Effects and Global Realities
December 15, 2008

2009 Top 10 Business Drivers, Strategic Responses, and IT Initiatives in Consumer Lending
October 27, 2008

The US Housing Reform Bill: A Good Solution, But Not Perfect
August 11, 2008

Current Business Issues Related to Regulatory Compliance in US Mortgage Lending
July 14, 2008

The Treasury Blueprint: Will Regulatory Reform Cure What Ails the Lending Industry?
May 12, 2008

US Mortgage Fraud: Types, Trends, and Detection Tools
March 3, 2008

The Bank of America/Countrywide Merger: A Banking Powerhouse Emerges?
February 25, 2008

Challenges Facing Lenders Introducing Federal Housing Administration Mortgage Programs
January 21, 2008

Offshore Mortgage Business Process Outsourcing: Part 2, Vendor Reviews, Accenture to HCL
December 17, 2007

Offshore Mortgage Business Process Outsourcing: Part 3, Vendor Reviews, IBM Daksh to Nipuna Services
December 17, 2007