michael
carp

Current Company:

Veritex Community Bank

Title:

Executive Vice President, Director of Special Assets

Education (SMU specific):

BBA 1980, MA 2017

Career Background:

30+ years of experience leading teams that manage performing, sub- and non-performing commercial loans secured by commercial real estate and business assets. Exceeded portfolio management goals through proactive credit oversight and exceptional recoveries for financial institutions, governmental agencies, REIT’s, debt funds, REMIC trusts and foreign investors.

What am I doing – describe your current role and objectives:

Currently managing eleven-member team that resolved: $98 million of distressed assets YTD 2024; $101 million of distressed assets in 2023 (recovery>96%); $87 million of distressed assets in 2022 (recovery>98%); and $110 million of distressed assets in 2021 (recovery>93%).

Connections trying to make:

Re-connect with old (and new) SMU alumni and faculty.