With uncommon expertise in both the operational and production aspects of mortgage lending, John is committed to building a platform that supports Originators with systems, tools and processes while maintaining a solid operational foundation to achieve profitable and sustainable growth.
John founded and built Marina Mortgage, a highly successful privately owned retail mortgage banking firm, eventually merging the franchise with American Home Mortgage (a publicly traded mortgage banking company). John was a Member of the Board of Directors as well as President of the Western Division of American Home Mortgage, helping to build that organization into the 10th largest mortgage banking institution in the nation. During his tenure with IndyMac Bank, John Co managed the bank’s National Retail Production team of 1,700 sales staff and more than 600 operations employees.
In his capacity as Co-President, Dan has helped build industry leading best execution capabilities, the ability to sell directly to FNMA, FHLMC and GNMA as well as the top aggregators in the industry. This has allowed SPFC/NPFC to grow a servicing portfolio to over $1.4 billion, as well as offer Conforming, FHA and VA products with minimal overlays and very competitive Jumbo products. In addition to Capital Markets Dan, also oversees Fair Lending and Technology.
Dan began his career in Secondary Marketing at Directors Mortgage in 1991. His strong analytical skills and passion for the business were quickly recognized as he was promoted to AVP of trading and pricing desk manager. After Directors Mortgage was purchased, Dan quickly rose again becoming the head of Secondary Marketing. He honed his skills as a Secondary Marketing leader until 2000 when he joined J.P. Morgan Chase where he built their Mandatory and AOT program. In 2002, Dan joined Bank of America as SVP of Secondary Marketing. In 2004, he identified an opportunity to build a pricing optimization model that would add discipline and quantitative tools to primary market pricing. In 2005, he implemented the industry leading price optimization model that continues to drive pricing at Bank of America today.
Dan entered the mortgage industry in 1986 as a Loan Officer, becoming a top producing Branch Manager by 1988. Throughout his career, Dan has consistently delivered record-breaking personal and branch production levels. In his role as District Vice President of American Home Mortgage, Dan led his team to become the #1 district in the company. As Co-President of SPFC, Dan has been instrumental in the recent substantial growth enjoyed by the company. Dan has authored two books, Shake it up! Big Dreams And Bold Choices On The Road To Success and Wake Up! Jumpstart The Life You Always Had In Mind; and is the founder/owner of the Manginelli Group which coaches and mentors thousands of sales people. Dan’s positive approach to all situations inspires all to perform to higher levels in life. Always enlightening people that no matter what you do, there's always a fun way to do it.
Bob BoehnleinExecutive Vice President of Production
Bob joined SPFC in 2016 as Executive Vice President of Production. A 26-year veteran of the mortgage business, Bob brings considerable experience in both sales as well as the operational side of the business.
Bob’s got his start in the mortgage business in the trenches as an originator. He has experience as a manager at every level and has a long track record of establishing and growing branches and regions. Prior to joining SPFC, Bob was a District Manager at Prospect Mortgage responsible for 13 branches in Southern California, Hawaii, Las Vegas, NV and Scottsdale, AZ. In 2013, he was promoted to Divisional President of Western Operations at Prospect where he led several key initiatives to refine processes, increase efficiency and improve overall productivity.
Before entering the mortgage business, Bob worked for 5 years in the Title Insurance industry and also served in the United States Marine Corps where he learned that success is dependent upon discipline and commitment and the fortitude to push through difficulties. Semper fidelis.
Bob PickhamSVP & CFO
In his capacity as SPFC’s Senior Vice President and Chief Financial Officer, Bob oversees loan servicing, investor relations, tax, information systems, human resources, internal audit and facilities functions. He reports to the CEO and serves on the company’s executive committee. Bob is an invaluable member of the team with expertise across multiple disciplines and business units.
Bob started with SPFC in 1997 as the Controller and was promoted to Senior Vice President and CFO in 1998. He joined us from a manufacturing company where he served as Controller for two years. Bob began his career as a licensed CPA managing audit engagements for numerous entities, including financial institutions and mortgage banking companies on behalf of Eddie & Payne, a certified public accounting firm. A life-long learner, Bob graduated from MBA’s School of Mortgage Banking with the designation of Accredited Mortgage Professional in 2006 and earned his undergraduate degree in Accounting from California State University San Bernardino in 1988.
Robin WilliamsVP Operations
Upon joining SPFC in 2010, Robin rapidly became the cornerstone of the company’s operations team managing all facets from processing through post closing. An operational and strategic thinker, Robin brings extensive industry knowledge and the ability to swiftly deploy initiatives in response to a rapidly changing environment.
Upon entering the mortgage banking industry in 1993, Robin quickly separated herself from her peers earning progressively higher levels of responsibility, including roles of Division Funding Manager in 1997 at American Home Mortgage, Regional Funding Manager for IndyMac Bank in 2007 and Vice President, National Funding Manager for Prospect Mortgage in 2008.
Susan HowardVP Risk Management
Susan joined SPFC in 2010 overseeing all aspects of risk management, secondary marketing, quality control, product development, investor relations, IT support and employee on-boarding/orientation. Susan has a strong operational improvement background with demonstrated cost management, tactical planning, revenue growth and advanced risk management expertise.
Graduating with a Bachelors degree in Business Administration from the University of Missouri at Kansas City in 1993, Susan began her career as an Analyst with the Federal Reserve Bank of Kansas City. Subsequently recruited by Corinthian Mortgage, she began underwriting mortgage loans nationally across multiple business channels. Appointed to the positions of Vice President of IndyMac Bank in 1996 and Senior Vice President of First Federal Bank of California in 1999, Susan has held progressively elevated roles across every facet of mortgage banking, from origination through secondary marketing. Immediately prior to joining SPFC, Susan owned and operated Fireside Funding, a privately held mortgage and real estate brokerage firm.
Michelle MillwoodAssistant Vice President
Since joining SPFC in 2004 Michelle has been instrumental to our growth and success in her role as Underwriting Manager by building and mentoring a cohesive team of highly skilled underwriters. A seasoned mortgage professional, Michelle possesses a wealth of knowledge in automated and manual underwriting for Conventional, FHA, 203K, USDA, VA, CalHFA, CalSTRS and various other loan programs.
Michelle learned the business from the ground up starting as a Receptionist in 1991 and taking on progressively higher levels of responsibility in Processing, Funding and Underwriting throughout her career. Prior to joining SPFC, Michelle served as Assistant Vice President of Underwriting and Funding for American First Real Estate, Inc. in Rancho Cucamonga, CA.
Veronica NarrowChief Compliance Officer
Veronica joined SPFC in 2012 successfully designing and implementing a comprehensive Compliance Management System from scratch. In her current role she is responsible for the governance and corporate oversight of regulatory compliance policies and practices.
Veronica is a seasoned professional with 27 years in the mortgage industry and a demonstrated commitment to excellence. Prior to joining SPFC, Veronica held executive level positions with Prospect Mortgage, Pacific Mercantile Bank, American Home Mortgage and Marina Mortgage across multiple mortgage banking disciplines.
Coty JonesRegional Operations Manager
I started in the business as a receptionist in 1991 and started processing in 1992 working my way to underwriting in 1997 earning my DE in 1998. In 2003 I was promoted to Branch Operations Manager for American Home Mortgage and in 2004 Inland Empire District Operations Manager and continued to grow and support the American Home Mortgage Far West Region as the Regional Operations Manager, covering California, Nevada and Arizona. My responsibilities covered Operations from Origination through Underwriting and working with the Funding Manager, Branch Managers and VP of Sales to ensure all staff was trained and meeting our goals.
I started with SPFC in 2010 as an Operations Manager to support the growth of the company by training processing staff and ensuring overall day to day operations, including posted turn times, continue to be met in processing, underwriting and funding. I assist sales and operations with questions on files and process flow to ensure a positive experience for our employees and customers.
What I love most about my job are the people and the color they bring to my day, everyday. I enjoy helping them be the best they can be and watching them grow personally and professionally. Together we overcome challenges that we face with a game plan that usually ends with some laughter at ourselves or the situation. I am consistently inspired by my team and feel truly thankful to be a part of such a great group.
Tim began his career in mortgage banking as a Loan Officer in 1978. In 1982, he co-founded SPFC. He became President and CEO in 1991. In 2010, Tim began partnering with John Johnston, when they brought their two teams together as one. As Chairman of SPFC, Tim provides oversight to the board of directors and works closely with the compliance management team. He also works with the company’s banking and investor relationships.
South Pacific Financial Corporation (SPFC) recently announced the promotion of Dan Manginelli and Dan Malouff as Co-Presidents of SPFC.
Both Manginelli and Malouff have extensive executive experience at SPFC. Manginelli’s previous position was Executive Vice President where he was in charge of production. Malouff’s previous position was Executive Vice President of Secondary Marketing. In addition to Capital Markets, Malouff also oversaw Fair Lending and Technology.
At SPFC, trust is the foundation of our relationships. Our core values are to do what is just, right and fair for our customers, employees, and business partners while trusting them to do the same in return. We operate as a learning community, fostering a collaborative environment of lifelong learning and shared knowledge. As a learning community, we have incorporated a series of best practices to build a strong foundation and a sound financial legacy.
Founded in 1982 by Tim Cahill, SPFC is a California-based, retail-only mortgage banking platform operating throughout the western United States, including Arizona, California, Colorado, Idaho, Oregon, Minnesota, Nevada, Texas and Washington. As a direct lender, SPFC offers Conventional, Jumbo, FHA, VA, USDA and various bond programs including CalHFA and CHF Access.
SPFC is focused primarily on serving the purchase money market. By employing a consistent approach to underwriting, we are well positioned to meet the challenges presented by market events and cycles.
Long-term, impeccable industry reputation
Approved with FNMA, FHLMC, GNMA, FHA, VA, RHS and CalHFA
Experienced Professional Underwriters (average 15 years)
85% Purchase Money
Personal Note from CEO
We've created a culture here at South Pacific Financial that honors those who achieve their goals. We want to give you the tools to help you succeed in funding a loan or finding a home. The bottom line? We understand that we reach our goals by helping others reach theirs.