Mr. Richard Swerbinsky is the President and Chief Operating officer at Mortgage Collaborative, an independent cooperative network of mortgage lending institutions in the mortgage industry. Mr. Swerbinsky details his speedy rise through various banking institutions such as Metropolitan Bank and Trust, Home Lending, and First Federal Lakewood in Ohio. He explores the changing nature of lending practices as rates lowered all over the country, including California and Florida. Drawing on his expertise designing secondary market infrastructures inside mortgage banks, Swerbinsky describes the incentives of investment bankers, brokers, salespeople and homeowners that helped to shape the 2008 Global Financial Crisis. Lastly, he concludes that institutions critical to the American financial fabric should retain some degree of government oversight.
Richard Swerbinsky was Associate Vice President of Secondary Marketing for Metropolitan Bank and Trust Company from 1996 until 2002. In 2002, Swerbinsky transitioned to Home Savings and Loans where he served as Vice President of Secondary Marketing for six years. Following his time at Home Savings and Loans, he then worked from 2008 until 2015 as the Vice President of Residential Lending for First Federal Lakewood. Since 2015, Swerbinsky has worked at The Mortgage Collaborative, an organization aimed at creating a network of mortgage lenders better equipped to access the American consumer base. As of January 2021, Swerbinsky serves as the President and Chief Operating Officer of The Mortgage Collaborative. Finally, he volunteered on the Board of Trustees for the Ohio Mortgage Bankers Association from 2015 until 2018.