Meet the FAS management team:
Stacy is the Chief Executive Officer for Financial Asset Services, Inc. Stacy works in tandem with Senior Management on all planning, forecasts, compliance, financial strategies, and procedural matters that impact the firm.
Stacy joined FAS in 1997 and has held all lead Operations positions throughout her tenure at FAS before being named CEO in 2005. Her in-depth knowledge of the industry and focused approach has lead FAS in exceptional growth and success.
Committed to a slogan of “Welcome to Simple,” Stacy has continued to ensure clients of FAS have a positive, user friendly experience. She reviews the platforms making sure every aspect of the system is self-explanatory, eliminates user error and does not need an in-depth tutorial to commence use.
Under her leadership, FAS has joined two nationally recognized women business enterprises. FAS is a member of the Women Business Enterprise National Counsel (NWBENC) and National Women Business Owners Corporation (NWBOC).
Stacy attended the University of Oregon, Eugene where she acquired her Bachelor of Science degree. She holds a Real Estate Broker’s license in the state of California.
Stacy, her husband Scott, daughter, and son call Laguna Beach, California home. Stacy is an avid runner. On the weekends, you can find Stacy in Big Bear Lake, hiking in the summer months and skiing in the winter months.
Rod Surratt is the Chief Financial Officer of Financial Asset Services, Inc. He is responsible for oversight and direction of corporate finances and is FAS’ broker of record. Rod works directly with the firms’ Chief Executive Officer on internal controls and the Director of Risk Management on national licensing, analytics and compliance matters.
Rod started his REO career by establishing a team of Fannie Mae professionals to provide one of the first custom REO and valuation systems. This system became one of the highest quality platforms on the market, providing its customers’ flexibility, quality control and exceptional service.
In the 1980s, Rod and his wife, Sue, ran REO Professionals, one of the largest REO companies in the nation and were also pioneer members of REOMAC. Rod and Sue became Prudential’s number one real estate team in the nation.
Financial Asset Services, Inc. was founded and incorporated in 1997, focusing not only on meeting the individualized needs of our customers, but providing innovative in-house technology that allows FAS to exceed our customer’s specifications resulting in saving them both time and money.
Rod has a Bachelor’s degree at California State University, Fullerton with graduate studies in accounting and business administration from the University of California, Irvine and holds a Real Estate Broker’s license in the state of California.
Rod and Sue enjoy time with their grandchildren, scuba diving and travel.
With three decades of extensive experience in the financial services and mortgage industry, Sue, in 1997, co-founded Financial Asset Services, Inc. She provides the Board of Directors with informed perspective into strategic and operational opportunities and competitiveness.
Throughout her career, Sue has worked extensively with numerous agencies, including RTC, HUD, Freddie Mac and Fannie Mae, along with private financial institutions.
Sue has been widely recognized for providing superior client operations management and customer service, improving company efficiencies and increasing market share. Over two decades, her involvement has guided Financial Asset Services, Inc through several economic boom and bust cycles.
In 1988, Sue co-founded REO Professionals (REO Pros) and was responsible for all aspects of marketing and communications for the company. She supervised the planning and development of all corporate marketing initiatives, along with the content of flow of all outbound communications. Under Sue’s leadership, she developed and launched REO Pros from a local state of California company to a nationwide leader in the development of non-traditional services to mitigate losses associated with non-performing loans.
Prior to obtaining her real estate license in 1979, Sue managed and led the day-to-day operations of a large real estate corporate law firm for 10 years.
Along with Rod, Sue spends time enjoying their grandchildren, along with boating and scuba diving at remote locations.
Jimmy is the Director of Risk Management at Financial Asset Services, Inc. His purview includes oversight of daily administrative and regulatory affairs for the company.
Jimmy works in tandem with the Chief Executive Officer in reviewing, reporting and application of all corporate and licensing matters nationwide. Jimmy joined FAS in 2008 and as the firms Risk Manager, he works alongside the firm’s operational managers to address all escalated issues related to REO and valuation. He also acts as the firm’s liaison with the CFPB, Appraisal Foundation and GSE’s nationwide.
He brings two decades of operational management in mortgage lending, title curative, secondary marketing and servicing. Over the years, he has been a designated witness in real estate related litigations, as he is seen as an expert in mortgage lending, RESPA and loan delivery. In 2008, he published his first work entitled Real Estate Lending in the New Millennium. The book is an A-Z guide related to the mortgage industry.
Prior to joining FAS, Jimmy was Vice-President of Operations and Risk Management for Lehman Brother Bank, FSB, New York subsidiaries BNC Mortgage and Aurora Loan Services. Jimmy also held senior Compliance and Secondary Marketing management positions at firms such as California Financial Corp, Corewest Banc and IMPAC.
Jimmy, and his wife, Michelle call Orange, California home. Jimmy’s outside passion is music. Over the last two decades he has been involved in radio broadcasting. Jimmy acquired his FCC license back in 1988. Since then, he’s held broadcasting positions at some of the largest alternative radio stations in the country. He currently hosts a weekend radio program at KXFM in Laguna Beach. Prior to that, he was an on-air DJ KROQ FM in Los Angeles. Jimmy also writes articles for a variety of music news magazines.
Michael Haynes is the Director of Information Technology at Financial Asset Services, Inc. Michael works closely with the firms’ Chief Executive Officer and the department managers to understand our clients’ needs and translate the business requirements to the IT department.
Michael began his career in 1996, as a Business Analyst at Southern California Edison. At SCE, he learned the value of project planning, requirements definition, and configuration management. He worked directly with executive management to clearly define the procurement requirements of each business unit.
Michael was an integral part of the Workflow Development department at Fair Isaacs, formerly known as LBSS, Inc. [London Bridge Group]. Michael worked diligently integrating customers onto the Aspen Grove/LBSS, Inc. Workflow system.
Michael earned his bachelor’s degree at California State University, Fullerton with a concentration in Management Information Systems and holds a Real Estate Broker’s license in the state of California. Michael has first-hand real estate knowledge that assists him with defining system requirements for FAS’ customers and vendors.
Michael and his wife, Yuriko, have two lovely daughters, who keep them extremely busy. Michael and his family enjoy exploring nature, hiking to remote waterfalls and beautiful sunset views.
James Keith is the National Sales Director for Financial Asset Services, Inc. He oversees the day-to-day operations of the sales team. As the firms’ National Sales Director, James works closely with the Valuations, REO, Compliance and Technologies departments to ensure the highest level of service for our clients.
James comes to FAS with over two decades of financial services experience. His tenure includes high profile management positions at well-established firms. His sales, operations and executive background were valuable as the Market Director for firms such as JP Morgan Chase and Washington Mutual Bank.
James has worked in diverse and challenging markets, from California to Chicago to Atlanta. While at Chase, his group set high benchmarks for audits and integrity, while maintaining the highest levels of production. At Washington Mutual, his group opened 50 new locations in Chicago and 200 throughout Illinois state. He was also chosen on multiple occasions to provide presentations to current and potential investors for high profile firms such as, Goldman Sachs, Morgan Stanley, UBS Global, Fidelity Management & Research, Janus and T. Rowe Price.
James has a bachelor’s degree at Virginia Wesleyan University with a concentration in Economics and also holds a graduate degree from University of Virginia’s CBA program.
James, his wife and three children call Southern California home. He enjoys spending time with family and friends. James can be found surfing the beaches throughout southern California and volunteering with his family at numerous events.
Katy is the Valuations Operations Manager for Financial Asset Services, Inc. She oversees the day-to-day operations of the Valuations Department. Katy has been instrumental in the set-up and implementation of the firms’ In-house valuations platform, Quality Control measures and appraiser panel registration process. She specializes in assuring that all clients receive exceptional service — with the focus on quality.
Katy has an in depth understanding of the appraisal process, as well as industry BPO standards and guidelines. As a business professional, Katy has over two decades in office management experience in the Valuation and Default industry and holds a Real Estate Salespersons license with the state of California. She has held a variety of positions over her career, which includes tenure in Hawaii with the Maui Board of Realtors. Born in Orange County California, Katy moved with her family to Hawaii at age 15 and lived on the island of Maui for over 23 years.
In 2009, Katy became involved in the firms Petition for Declaratory Relief in the state of Hawaii and addressed the interpretation of an appraisal versus a BPO in the Hawaii statute. That Petition led to hearings that paved the way for a change in the manner BPO’s are done on the Islands. The end result of the firms’ efforts effectuated a change in the law that now allows Agents to complete BPO’s for compensation. As a member of FAS’ management team, Katy continues to be engaged in the firms’ ongoing legislative analytics and oversight process.
Outside of the office, Katy enjoys spending time with her husband, enjoying the sunny California weather, gardening, hiking and relaxing at the pool or the beach with a good book. She also returns to Hawaii as often as possible to spend time with her children, grandchildren, and friends.
Adriana Macavei is the REO Manager at Financial Asset Services, Inc. [“FAS”], where she is responsible for managing clients’ assets according to investment preferences and goals. She has been with FAS for nearly two decades and over that time she has partnered closely with third party real estate agents, contractors, service providers and attorneys to create a streamline process to best serve our clients.
Along with her extensive knowledge of the REO platform, she also has a strong understanding of valuations and marketing strategies. Under her tenure, her passion for innovation has helped her work with the company’s IT team to implement FAS’ internal REO system to maximize value from the platform. Under her leadership, she has created documentation and training materials for staff.
Prior to joining FAS, Adriana worked as a software developer in Romania, where she earned a master’s degree in computer science. She also holds a California Real Estate license.
Adriana and her husband have two adult children, and she enjoys spending time with them as often as possible. She loves gardening, reading, knitting, crocheting, and spending time at the beach. She also enjoys visiting her family in Romania and traveling to new places.