William F. Draving CPA, CMA, CDP
8811 Rain Valley Drive
San Antonio, Texas 78255
Phone: 210-698-3316
Fax: 281-754-4070
EMAIL: Bill@Draving.com
William F. Draving CPA, CMA, CDP
8811 Rain Valley Drive
San Antonio, Texas 78255
Phone: 210-698-3316
Fax: 281-754-4070
EMAIL: Bill@Draving.com
Bill Draving Company, Inc., San Antonio, Texas
I am currently engaged in private practice to provide management
advisory services to savings institutions and mortgage banks. I provide
assistance in the development of the client’s strategic corporate objectives,
assistance in the valuation of their business, counsel concerning secondary
market risk management in the bond markets, and assistance in the development
of mortgage loan production opportunities.
BancPLUS Mortgage Corp., San Antonio, Texas
As President of the new company, I assisted BancPLUS Savings during their
transition from a small savings association to a major force in the mortgage
banking industry. Century Corporation, the purchaser, did not have an
experienced mortgage banking staff to direct the new mortgage company. It was
my responsibility to maintain the company during the purchaser's initial year
in the industry.
During 1986 Loan Production increased from $260 million in 1985 to $600
million in 1986. In the month of December Secondary Marketing recorded
profits of almost one million dollars. Loan Servicing costs remained in
the $75 to $80 range. Loan Servicing Acquisitions were $900 million for 1986.
In 1987 Century Corporation made the decision to consolidate their other
interests into a BancPLUS Holding Company. As a result, the Chief
Executive Officer of BancPLUS Mortgage Corp., became more directly
involved with the mortgage company.
The Richard Gill Company, San Antonio, Texas
In 1985, Gill Companies made the decision to sell the Mortgage Bank.
I assumed the position of president at which time I became responsible for
Residential Loan Production, Secondary Marketing, and the Loan Purchase
Programs. Gill Companies placed a great deal of responsibility on the
Mortgage Banking Division to maintain the management staff during the
divestiture period. The division performed extremely well and Gill was able
to transfer all management and assets according to the Sale Contract.
The Richard Gill Company, San Antonio, Texas 78292
I began work at Gill in the Strategic Planning Division. The
Mortgage Banking Division was experiencing difficulties with both the
efficiency and effectiveness of the servicing division. After completing
the initial project study, I was appointed to head the division. All areas
of Loan Servicing were examined and rebuilt to allow for effective servicing
as well as reducing the cost to less than half of the 1983 cost. Loan
servicing consisted of Customer Service, Collections, Escrow, Document
Control, and Investor Reporting. Loan Servicing Acquisitions were an
integral part of the servicing area. During this time over 4 billion dollars
of servicing was added to the portfolio.
Newell Manufacturing, San Antonio, Texas
As Chief Financial Officer I was responsible for the monthly General
Ledger preparation, supervision of the annual audit preparation, Income
Tax preparation and other duties related to the office of treasurer. During
this period I was also responsible for the design, development, and
implementation of an integrated Financial Information System. In addition
to the domestic operation in San Antonio, Atlanta, Houston, El Paso and
Austin, Newell did business in South America, England, Europe, Africa,
Australia, and Japan.
Ernst and Whinney, San Antonio, Texas
My responsibilities as a consultant were in the areas of Financial
Information Systems, EDP Auditing, Financial Modeling, and Operations
Appraisal. I was primarily responsible for the design and implementation
of several large computer systems. Other areas of involvement with the
firm included Corporate Tax Preparation, Corporate Tax Structuring, Investment
Tax Credit Studies, Third Party Reviews, and Internal Control Reviews. Travel
time with the firm was approximately four days a week. The industries in
which I was involved included oil and gas, banking, credit unions, farming
and ranching, manufacturing and construction.
Electronic Data Systems, Dallas, Texas
My duties at EDS included primary responsibility for the computer
system at Fort Worth National Bank, Fort Worth, Texas. The training I
received at EDS was extremely useful in that I was able to design, develop,
and implement complete financial information systems. In addition to
banking, I was also involved in the retail, life insurance and health care
fields.
Micro Mex de Juarez, Juarez, Chihuahua, Mexico
My responsibilities also included the development of the legal-accounting
system. All pertinent regulations were interpreted and translated for the
parent. All border customs requirements were handled from Juarez. In
addition, several visits were made to Washington, D.C. to discuss
classifications of materials and processes.
8811 Rain Valley Drive, San Antonio, Texas 78255
Bill Draving Company, Inc. provides management advisory services to
companies in the financial services industry. Bill is devoted to the
development of financial information used by executive management. Often,
this information provides the basis for the development of strategic plans.
He has provided guidance and direction to many executives in the secondary
marketing areas. He developed and implemented automated trading systems
which are used to hedge pipelines in excess of five hundred million
dollars.
In the past several years, Bill installed loan correspondent and
wholesale operations for several mortgage companies. His services
included the development of a Wholesale Loan Program through which
one hundred million dollars of mortgage loans were purchased in a single
month. He has supervised the purchase, acquisition
and transfer of over fifteen billion dollars of loan servicing. He has
directed the development of loan administration systems which service over
twenty billion dollars of mortgage loans.
Bill's advantage is his ability to comprehend difficult
situations and provide complete, workable solutions. These solutions save
a great deal of money and are completed in as short a time as possible. The
philosophy of the firm is to provide dedicated assistance to key management
executives. This eliminates the need to have many outsiders involved in
strategic business decisions.
Before starting his own business, Bill was president of two major Texas
mortgage companies. He was Executive Vice President for a company which
grew from a 20,000 loan servicing portfolio to a portfolio of well over
140,000 loans. Bill managed the loan servicing operation as well as the
data processing operation. Bill joined the mortgage company as the
Senior Vice President of Strategic Planning.
While president of the most recent company, new loan originations increased
to six hundred million dollars a year. The servicing portfolio during this
time was seven billion dollars. Bill has expertise in every area of
Mortgage Banking.
He is an aggressive problem solver who enjoys the satisfaction of a job
well done. He is an active speaker and participant in the mortgage industry.
He holds a Bachelor of Science degree from Drexel University in Philadelphia.
He received an MBA in Finance from the University of Texas. Currently, he
teaches Finance at the University of Texas in San Antonio. Bill is a Certified
Public Accountant who also holds professional certification in Management
Accounting and Data Processing.
Bill has directed the development of loan administration systems which
service over nine billion dollars of mortgage loans. His firm currently
provides assistance to companies who purchase loan servicing. The firm
markets and installs the KAL_II Servicing Simulation Model. KAL_II is the
most sophisticated device available to evaluate the daily cash flows
generated by mortgage loan servicing. The Model will also evaluate the
productivity of the loan servicing operation.
He provides guidance and direction to many executives in the Secondary
Marketing areas. He has implemented Automated Trading Systems which are
used to hedge pipelines in excess of five hundred million dollars. In the
past several years, Bill has installed loan correspondent and wholesale
Operations for several mortgage companies. He has personally evaluated
over one hundred billion dollars of loan servicing.
President
1987 - Present
President and Chief Operating Officer
1986 - 1987
President - Mortgage Banking Division
1985 - 1986
Executive Vice President - Mortgage Loan Administration
1982 - 1985
Chief Financial Officer
1979 - 1982
Management Consultant - Financial Systems
1977 - 1979
Systems Engineer - Financial Systems Division
1976 - 1977
General Manager
1972 - 1976
It was my responsibility to construct and operate this twin plant for
the Micro-Miniature Parts Corporation of Philadelphia, Pa. An analysis of
the Border Industrialization Program and working conditions in several
border cities was conducted and Juarez was chosen as the location for a
6,000 square foot electronic assembly plant. The plant was used to
assemble parts made in the United States. All phases of the operation were
under my direction. Within a seven month period, the plant's production
was 110% that of the parent company.
EDUCATION
Drexel University; Philadelphia, Pa.
BSME, Industrial Engineering, 1968
University of Texas at El Paso, Texas
MBA Finance/Accounting, 1976
University of Texas at Dallas, Texas
MS Information Systems, 1977 90% Complete
Temple University; Philadelphia, Pa.
Preparatory Graduate Work 1971
MILITARY
U.S. Army Medical Corp
Sergeant; Honorable Discharge 1971
Served tour of duty in S.E. Asia
PROFESSIONAL
Certified Public Accountant (CPA)
American Institute of Public Accounting
Texas Society of Certified Public Accountants
Certified Management Accountant (CMA)
National Association of Accountants
Institute of Management Accountants
Certificate in Data Processing (CDP)
Mortgage Banking Association
Data Processing Management Association
Association of Computing Machinery
Institute Management Information Systems
American Management Association
Kiwanis International
Current Position
Bill Draving Company, Inc.
Management Consulting and Commercial Software
Phone: 210-698-3316 Fax: 281-754-4070
| 1968 | Drexel University; Philadelphia, Pennsylvania Bachelor of Science - Industrial Engineering |
| 1970 | Army Medical Corp. Served in Viet Nam |
| 1971 | Micro-Miniature Parts Corp.; Philadelphia, Pennsylvania General Plant Manager |
| 1976 | University of Texas El Paso; El Paso, Texas Master of Business Administration Finance and Accounting |
| 1976 | Electronic Data Systems; Dallas, Texas Systems Engineer , Financial Services Industry |
| 1978 | Ernst & Whinney; San Antonio, Texas Certified Public Accountant Certified Management Accountant Management Consultant - Financial Services Industry |
| 1980 | Newell Manufacturing; San Antonio, Texas Certificate of Data Processing Chief Financial Officer MS Computer Science Program - Univ Texas San Antonio |
| 1982 | The Richard Gill Company; San Antonio, Texas Executive Vice President - Mortgage Division Mortgage Loan Administration |
| 1985 | The Richard Gill Company; San Antonio, Texas President - Mortgage Division Originations and Secondary Marketing |
| 1986 | BancPLUS Mortgage Corp.; San Antonio, Texas President & Chief Operating Officer |
| 1987 | Bill Draving Company, Inc. Commercial software Management Consulting |