About Bay Equity


News from Bay Equity

October 2011

Bay Equity Taps Philip Mikolaj to Open, Run New Operations Office in Portland, Oregon as firm increases its focus on Pacific Northwest

October 2011

Bay Equity Ranked No. 5 on Bay Area's Top 100 Fastest-Growing Private Companies By San Francisco Business Times

September 2011

New Addition to its team of Retail Branches - Tristar Home Loan

August 2011

Bay Equity Expands Its Broker-to-Broker Transition Program Across Western US

Read all »



The Bay Equity Story

Bay Equity opened its doors in 2008, in the midst of the recession, as many other wholesale mortgage lenders were closing theirs. A group of mortgage professionals led by three brothers, Brett, Jon and Casey McGovern, recognized the need for a new type of wholesale mortgage lender. Their new lender had to embrace the highest standards, provide exceptional customer service and be committed to lasting relationships with brokers.

Bay Equity opened in San Francisco in April of 2008 and funded its first loan one month later. In its short history, Bay Equity has expanded and is now lending in eleven western states and growing.

Bay Equity has hired accomplished mortgage and financial professionals at all levels and has proudly assembled a highly experienced staff of corporate executives, operations professionals and account executives.

Bay Equity has quickly been recognized as a technology leader. As a "green" lender, Bay Equity has gone paperless through EDGE, its Equity Decision Generating Engine, an easy to use on-line system spanning the range from quick pre-qualification to full approval; and it's all paperless.


The Management Team

Brett McGovern

Brett McGovern

President

Brett McGovern is a Founder, the President and Board Member of Bay Equity LLC. Mr. McGovern has more than 16 years experience in real estate sales and lending. Prior to co-founding Bay Equity, he was a Senior Vice President of Grubb & Ellis Company in San Francisco. He is responsible for key corporate functions including investor and warehouse line relations, oversight of accounting and secondary functions, marketing and corporate communications.

Jon McGovern

Jon McGovern

Managing Director

Jon McGovern is a Founder, a Managing Director and a Board Member of Bay Equity LLC. Mr. McGovern has 18 years experience in real estate lending. His broad experience covers underwriting, sales and executive management. He is responsible for key corporate functions including human resources, operations and technology.

Casey McGovern

Casey McGovern

Managing Director

Casey McGovern is a Founder, a Managing Director and Board Member of Bay Equity LLC. Mr. McGovern is in his tenth year as a mortgage industry sales professional. He is responsible for managing Bay Equity's wholesale and retail loan production.

John Curtin

John Curtin

Director of Business Development

John Curtin is a Founder of Bay Equity LLC and has more than 16 years of experience in consumer finance and lending. His management experience includes operations, underwriting and sales. He is responsible for business development and Bay Equity's recruitment effort for both the wholesale and retail platforms.

Dave Hardin

Dave Hardin

Director of Retail Production

Mr. Hardin brings more than 20 years of Retail and Banking experience to Bay Equity. His experience includes 10 years with Hawthorne Savings as Executive Vice President/Chief Banking Officer. He has served in management positions in retail banking, lending production and operations as well as sitting on various management loan committees. He has also served as an executive at World Savings, Columbia Savings, Valley Federal Savings and Downey Savings.

Julie Taylor

Julie Taylor

Director of National Operations

Ms. Taylor brings to Bay Equity more than 10 years of experience in Underwriting and Credit Risk Policy. Her areas of expertise include product development, investor relations, guidelines, quality control and compliance. As a former VP of Operations and Underwriting she is strong in both the retail and wholesale lending.

Chad Santander

Chad Santander

Director of Secondary Marketing

Mr. Santander has 17 years of Mortgage Banking experience. The focus of his career has centered around the Capital Markets through trading and pricing roles with Freddie Mac and Tuttle & Co., as well as conduit, correspondent; and wholesale sales with ABN AMRO, HSBC, and Paul Financial.

Phil Mikolaj

Philip Mikolaj

Director of Information Technology

Philip Mikolaj brings to Bay Equity an impressive track record in information technology and senior level management. His background includes creating state-of-the-art IT systems for fast growing mortgage companies and start-ups. Plus, he has been responsible for implementing mortgage banking software at more than 100 mortgage bankers nationwide.

Jane Harre

Jane Harre

Director of Accounting and Finance

Ms. Harre brings to Bay Equity 13 years of Executive level Finance and Credit Risk expertise. A former Managing Director of Homecomings, a GMAC company, she has expertise in Wholesale Lending, including responsibility for all financial accounting, treasury, budgeting, reporting, financial modeling and quality control functions.

Janice Bezou

Janice Bezou

Director of Appraisal Services, Chief Appraiser

Ms. Bezou brings more than 20 years of appraisal management experience to Bay Equity. She spent more than 16 years with Washington Mutual/Home Savings managing residential appraisal departments and assisting in corporate valuation risk management. Ms. Bezou held the positions of Short Pay Specialist and Asset Manager for bank owned properties at Wachovia Bank. She was most recently Chief Appraiser for ServiceLink, Fidelity's National Lending platform.


She holds the SRA designation from the Appraisal Institute and is a Certified Appraiser in California. Ms. Bezou earned a B. A. in Management from Saint Mary’s College in Moraga, California.

Jim Corbett

Jim Corbett

Chairman of the Board

Mr. Corbett is a respected and experienced entrepreneur and business leader. He founded the Sacramento Entrepreneurial Academy which prepares highly motivated students from University of California, Davis and Sacramento State to successfully create and manage new businesses. He was Chairman of the Dean's Advisory Council for the UC Davis Graduate School of Management. He served for a decade as Vice Chairman/Board Member of Sacramento Commercial Bank, a $200 million bank that was sold in 2000. He is currently Chairman and President of Spectrum Capital Corporation.


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