Alterra Home Loans Enlists Vicki Bonardi as Chief Compliance Officer

“I started at Household Finance Corporation (HFC) in the Detroit area, and I remember the first family that literally cried and kissed me because they got their first house,” Bonardi said. “They were going to have a child, and they wanted to have a home and a backyard.”

Alterra Home Loans, a super-regional lender and one of the largest minority-owned mortgage companies in the U.S., announced today that Vicki Bonardi, a 30-year veteran of the mortgage industry, joins the company as the new Chief Compliance Officer based out of Alterra’s corporate office.

“I am excited to announce Vicki Bonardi as our new Chief Compliance Officer,” Alterra’s President and CEO Jason Madiedo said. “Vicki comes to Alterra with many years of experience in the industry, including former roles as the COO for Pacific Union and most recently as a senior compliance executive for Opes Advisors/Flagstar Bank. We’re excited about Vicki joining the team, as she brings a strong innovative sales mentality to Alterra and the compliance team. This is critical to maneuvering in our ever-changing housing environment.”

Bonardi has a broad mortgage background in sales, operations and compliance. Her credentials as a DE Underwriter allow her to understand what the underwriters are trained on and the underwriting pieces in the compliance stages. Bonardi’s experience is unique in that she knows what it’s like to work with the consumer and can apply that today in her compliance role.

“I started at Household Finance Corporation (HFC) in the Detroit area, and I remember the first family that literally cried and kissed me because they got their first house,” Bonardi said. “They were going to have a child, and they wanted to have a home and a backyard. It’s about helping people get into their first home and meet their goals of homeownership. That’s why this is my career and why I love it. Thirty years ago, I was a loan officer helping people and now I’m bringing that forward in everything I do today. I’m excited to come to Alterra – I feel like I’m coming back home to my roots by going back to helping the underserved.”

Bonardi is a member of Elite Women Worldwide and the National Association of Professional Mortgage Women (NAPMW), which works towards equal recognition and opportunities for women in the mortgage industry. She was awarded the NAPMW’s 2013-2014 Woman of the Year. Bonardi is also a member of the California Mortgage Bankers Association (CMBA), which encourages and promotes sound business practices and honesty in marketing, origination, lending and servicing mortgage loans, through education and networking.

About Alterra Home Loans

Alterra Home Loans is a minority-owned, top U.S. mortgage bank and one of the largest Hispanic-owned mortgage companies in the country. With loan coverage in 29 U.S. states, Alterra strives to represent the underserved in the mortgage industry, specifically serving the diverse markets to help build wealth through homeownership.

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