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Troy has over 20 years of mortgage banking experience. Prior to joining Vice Capital, he was SVP of correspondent lending at Universal Savings Bank. Before that, Troy held multiple positions at Washtenaw Mortgage, starting in underwriting and ending as VP of secondary marketing responsible for the day-to-day management of a mortgage pipeline exceeding $4 billion a year.
After successfully completing his term of service with the Air Force, Troy earned his B.A. in Finance from Michigan State University and his MBA from Wayne State University with a concentration in Finance.
Prior to founding Vice Capital in 2001, Chris was director of secondary marketing for Homestead USA and head trader at Republic Bancorp. He started out in the agricultural futures markets nearly 30 years ago, but since 1994 has focused exclusively on the U.S. bond markets. Chris has personally traded over $200B of mortgage-backed securities and related instruments.
He is responsible for pioneering now industry-standard advancements in pipeline shock analysis, which accounts for changes in implied servicing values for incremental changes in underlying MBS pricing. He holds an economics degree from the University of Michigan.