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Curriculum Vitae
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Paul Aiello
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Work
Experience
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Canadian Mortgage Capital Corporation
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Vice President
June 1998 - Present
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Placing conventional and CMHC insured commercial mortgage debt with Canadian and US financial institutions. Assisting the President in strategic development plans for the company including obtaining CMHC Approved Lender status. Successfully obtained a Mortgage Backed Security Issuer license for a related company. Assist in the training and development of two mortgage analysts.
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Sun Life Assurance Company of Canada
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Senior Mortgage Underwriter
September 1985-June 1998
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Assisted the Mortgage Officer - Central Region in managing the Toronto Mortgage Investment Office, which had a loan portfolio in excess of $2.5 billion
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Maintained an ongoing working Knowledge of the commercial real estate marketplace to ensure the development of new business opportunities
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Processed new business and mortgage renewal recommendations for Head Office approval; performed all aspects of real estate appraising to determine lending value of properties
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Consistently generated the highest volume of business in the office
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Reviewed and approved single family mortgage submissions prepared by subordinates
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Monitored and resolved arrears and default cases to reduce the risk of interest and principal loss for Sun Life
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Liaised with borrowers, solicitors, insurance companies and senior management to resolve any issues which arised in the processing of commercial mortgage loans from application to disbursement of funds
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Appointed key business person on a team during 1997-98 for the design and implementation of a new computer system for the Canadian Mortgage Division for tracking and servicing of mortgage loans.
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Education
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Bachelor of Administrative Studies (with Distinction)
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York University - Atkinson College, North York
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January 1994 - January 1999
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Awards:
Deans Honour List, 1999
Atkinson Student Association Scholarship, 1998
Atkinson College Continuing Education Scholarship, 1997
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Diploma, Business Administration
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Ryerson Polytechnical University, Toronto, May 1982 - April 1985
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Major: Management Enterprise Development
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Ontario Mortgage Brokers Association, December 1998
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Standing: Completed Agency course
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Ontario Association, Appraisal Institute of Canada, February 1988 - May 1992
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Standing: Completed all course requirements for AACI designation.
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Ontario Real Estate Association, Toronto, March 1986 - December 1986
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Registered as a real estate salesperson
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Standing: Presently inactive
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