CEO & Partner
Rushmore Loan Management Services
As CEO, Terry Smith has led Rushmore to 5 years of strong growth in the Residential Mortgage Servicing space. Rushmore has become a nationally recognized high-touch special servicer that is an approved Seller-Servicer with FreddieMac, FannieMae and GinnieMae. Rushmore currently has over 60,000 loans on the platform and is growing, plus is rated by S&P, Fitch, DBRS and Kroll. Rushmore has offices in Irvine, CA, Dallas, TX, and San Juan, PR. Mr. Smith is also Co-Founder and a Senior Managing Director at Roosevelt Management Company, where he is responsible for Capital Markets Operations and Servicing.
Mr. Smith formerly worked at Ellington Management Group, where he was a Managing Director. He worked at Morgan Stanley where he was responsible for the residential Alt-A conduit, subprime acquisition due diligence, and residential servicing oversight-analytics. He also worked for C-Bass/Litton Loan Servicing and was responsible for a start-up and management of a 125-person team which performed due diligence, property valuation, and REO asset disposition functions. Prior to that, Mr. Smith was with Bear Stearns/EMC Mortgage Corporation for 12 years and was responsible for a 60-person Capital Markets Operations team.