Tim McDaniel

Tim McDaniel, CPA is a director and a seasoned professional with experience in public accounting, internal audit and consulting engagements. He has strong industry experience as follows: mortgage banking, capital markets, broker dealers among others. Tim has been a project manager for large compliance, SOX, operational projects that included process improvement, process mapping, controls and compliance assessments, risk assessment, due diligence, forensic accounting, Sarbanes-Oxley compliance, etc. Tim performed comprehensive regulatory audits of mortgage servicing operations and servicer default compliance for the Making Home Affordable Program’s top nine servicers (multi-year engagement). Tim was responsible for audit planning, fieldwork and reporting of findings and observations for the MHA project to the U.S. Treasury Department. Tim was involved with Freddie Mac’s Internal Control Office in performing walk-throughs, documenting process & procedures, developing test scripts and performing SOX 404. Tim also performed as interim assistant to the Controller for Freddie Mac’s Investment & Capital Markets division where he was responsible for preparation of the quarterly documentation for Investment & Capital Market’s business processes and SOX compliance activities (management assertions). He has performed business acquisitions and reviewed variable interest entities at Municipal Mortgage and Equity, LLC for purpose of proper application of accounting principles including FIN 46, FAS 140, APB 18, ARB 51 and various EITF issues. He led the financial restatement of RG Premier Bank and RG Mortgage. Tim has been responsible for managing financial and operational reviews of companies to assess business process improvement opportunities, especially with respect to financial functions – accounting, reporting, controls, compliance, special regulatory reports, etc.