Michael Steer – President
Mike is the President of SQC and Mortgage Quality Management and Research, LLC (MQMR), SQC’s sister company dedicated to risk management and compliance. Mike spends the majority of his time managing the day-to-day operations of SQC and MQMR’s due diligence, counterparty review, internal audit, compliance, and operational consulting projects, while providing strategic support to HQ Vendor Management, a leading provider of vendor management solutions for the mortgage industry.
Prior to founding MQMR, Mike began his career in the Countrywide training development program spending 12 months learning wholesale, retail, and all departments of correspondent lending. Mike spent five years with Bank of America Correspondent Lending serving mortgage banks, credit unions, and banks in the purchase of mortgage loans, assisting in the structure and approval of warehouse lines, loan pricing and trades, and loss mitigation negotiations.
Mike earned a B.S. in Business Administration and a B.A. in Spanish from Trinity University.