About Notes Direct

Charles Mangan was raised in Waxahachie, Texas and attended the University of North Texas, majoring in Real Estate Finance. Mr. Mangan began his career in the early 1980’s at the height of the savings and loan crisis and subsequent RTC era. The Resolution Trust Corporation (RTC) was a U.S. government-owned asset management company charged with liquidating assets – primarily real estate-related assets such as mortgage loans that had been assets of S&Ls declared insolvent. Mr. Mangan is a seasoned professional with over 30 years’ experience in the real estate finance and servicing arena. During the course of his career, Mr. Mangan has been a key player in several major corporations including Southwest Savings Association, The Associates Financial Services, and MCS, contributing to the growth and profitability of each of these organizations. During his 10-year tenure at The Associates Financial Services, Mr. Mangan managed one of the largest real estate recovery divisions in the U.S., responsible for generating over $5M recovery on a monthly basis from the sale of distressed assets. Mr. Mangan originated and sold over $5M in seller financed loans monthly over a 5 year span as Vice President of Mortgage Operations with Casa Linda Homes, one of the largest homebuilders in the Rio Grande Valley. Charles currently serves as Senior Vice President for Colonial Funding Group, responsible for portfolio management and Capital Partner investment operations.

Susan has been in the mortgage industry since 1984. She started her career with Finance America as a Financial Service Representative. The firm was subsequently purchased by Chrysler First, where Susan supervised the administration and lending departments of the company’s Irving, Texas branch. She ultimately managed Chrysler’s liquidation office for the State of Texas, before accepting a transfer to Jackson, Mississippi as Branch Manager. Susan has attended numerous training/enrichment courses pertaining to credit analysis, appraisal review, collections, loan processing, and real estate law. A Colonial team member since March, 1993, Susan manages Colonial’s loan processing and closing functions. In that role, Susan manages the hand-off of loans from marketing, the actual processing and closing of all individual and small portfolios of loans, as well as the final hand-off of loans purchased for resale. Susan is well known within the seller-financed note industry and is widely recognized among industry professionals as one of the most knowledgeable and capable closers in the business. Susan and Jesse, her husband of 30 years, have raised two sons and reside in DFW area.