cdb consultancy provides consulting services for the emortgage and in the mortgage lending, land title and recording segments of the real estate finance industry cdb consultancy provides consulting services for the emortgage and in the mortgage lending, land title and recording segments of the real estate finance industry


  Principal Carmen Bramante

  Industry Affiliations

carmelo (carmen) bramante
In March 2004, Carmen started his company, cdb consultancy. Carmen brings more than eighteen (18) years of real estate and mortgage experience to cdb consultancy in the areas of Asset Servicing, Operations, Credit Policy and Counter-Party Risk, as well as eMortgage origination, closing, investor delivery and servicing, and eRecording. In his years at Fannie Mae, Carmen acquired expertise in the following areas:
  • Improving, redesigning and automating business processes (Operations Division) - Asset Delivery, Acquisition and Custody (Vaulting); Investor Reporting; Loan Default and Liquidation (including Loss Mitigation, Foreclosure and Payoffs);

  • Developing loan servicing policies and guidelines for Fannie Mae's mortgage servicers (Credit Policy Division);

  • Implementing new Loss Mitigation techniques in Fannie Mae's regional offices, and for its loan-servicing customers (Credit Policy Division);

  • Business planning for Fannie Mae's loan custody operations (Document Delivery Facility), which allowed Fannie Mae to expand its loan delivery, certification and custody services to mortgage lenders originating and delivering multifamily loans and pooled loans in mortgage-backed securities (MBS); and

  • Managing Fannie Mae's operations responsible for interfacing with the industry's Mortgage Electronic Registration System (MERS®) and updating the MERS® System daily with investor ownership data of Fannie Mae's purchased and MBS-pooled loans.
Carmen was with Fannie Mae 16 years; he spent the last 5 years at Fannie Mae in its eBusiness Division focusing on new technology development and implementation in the areas of eMortgages and eRecording. Carmen was successful in rolling out to mortgage servicers a solution that records lien releases electronically with county recorders using the latest in eSignature, eXtensible Markup Language (XML), and ePayment technologies. He was also a major contributor to the development of eClosing technology solutions and eMortgage investor delivery requirements.

Carmen has his Master's Degree in Public Policy Analysis from New York University's Robert F. Wagner School of Public Service. His other experience includes:
  • Six years (6) in the United States Senate as a legislative assistant developing policy and legislation in the areas of housing and community development, banking, healthcare (including Medicare and Medicaid), and Social Security;

  • Assistant Town and City Clerk in Hartford, Connecticut, where he was responsible for the recording and maintenance of real estate documents in the municipality's Land Records Division;

  • Co-Chair of the PRIA Technology Committee, where he led the successful effort that created the alliance with the Mortgage Bankers Association's MISMO standards-setting body and the real estate industry's first XML eRecording standard;

  • A founding member of PRIA's predecessor - the Property Records Industry Joint Task Force (PRIJTF);

  • A member of numerous State Task Forces that deal with the implementation of eMortgages, eRecording and eNotarization; and

  • An Official Observer to the National Conference of Commissioners of Uniform State Laws (NCCUSL) Uniform Real Property Electronic Recording Act (URPERA) Drafting Committee.

INDUSTRY AFFILIATIONS
  • The Property Records Industry Association (PRIA) - Current Member
    • Director of the Board of Directors - 1978 (PRIJTF) to 2006 (PRIA)
    • Co-Chair of the Technology Committee - 1978 (PRIJTF) to 2006 (PRIA)
    • Co-Chair of the URPERA Workgroup (project completed) - 2001 to 2004
    • Co-Facilitator of the PRIA Governance Review Committee - 2007 - present
    • Member of the Technology Committee's eRecording XML Workgroup - 2001 to Present
    • Member of the Technology Committee's Security Workgroup - February 2006 - Present
    • Member of the Real Property Law Committee - 2003 to Present

  • The Mortgage Bankers Association's Residential Technology Committee
    • eMortgage Adoption Task Force Member - May 2008 - present
    • eMortgage Adoption Task Force Steering Committee Member - May 2008 - present

  • The Mortgage Bankers Association's Mortgage Industry Standards Maintenance Organization (MISMO), and its eMortgage Workgroup - 2003 to Present

  • The American Bar Association (ABA) eTrust Subcommittee's Electronic Notarization Work Group - 2004 to Present

  • OASIS / LegalXML - 2005 to Present
    • eNotary Technical Committee (TC) Member
    • eCourt Filing Technical Committee (TC) Member