Austin Tilghman is President and Chief Executive Officer of UCM, responsible for overall management as well as marketing and trading supervision. Mr. Tilghman is a thirty five-year veteran of the mortgage-backed securities and derivatives markets.He started his career with Paine, Webber, Jackson & Curtis was responsible for origination of mortgage-backed securities in the Southeast. In 1986, he took the position of PaineWebbers National Sales manager. In 1987, Austin was recruited by J.P. Morgan Securities, Inc. to help start its MBS department. At J.P. Morgan, Austin was responsible for the mortgage banking desk and headed a design team to offer MSR derivative products. This team crafted some of the first custom products designed to hedge MSRs. In 1992 Austin was recruited by UBS Securities as Director Mortgage Banking Group. This group covered Mortgage originators nationwide and continued to offer the full spectrum of MSR products and services. In 1996, Austin started UCM whos business model is to provide strategic advice and actively hedge MSR volatility.He graduated from Hobart College with a BA in Economics.
Like what you see? Make sure you're getting it all
Independent and authoritative analysis and perspective for the banking industry