Ed Kramer is a Senior Advisor on the Asurity team. Ed brings decades of financial services experience and a wealth of expertise in regulatory and compliance matters, the mortgage and software industries, and business management and development.
Ed is also a member of the Senior Advisory Board for Treliant Risk Advisors LLC, a multi-disciplinary compliance, risk management and strategic advisory firm for the financial services industry and consumer-oriented businesses.
Mr. Kramer is also the Independent Director of Mortgage Electronic Registration Systems, Inc. (MERS). He has served in that capacity since April 2011. MERS serves as the mortgagee in the land records for loans registered on the MERS® System, and is a nominee (or agent) for the owner of the promissory note.The MERS® System is a national electronic registry system that tracks the changes in servicing rights and beneficial ownership interests in mortgage loans that are registered on the System.
From late 2006 to the end of 2015, Mr. Kramer was Executive Vice President, Regulatory Affairs at Wolters Kluwer Financial Services. Prior to this position, Mr. Kramer was Deputy Superintendent of Banks in charge of the Consumer Services Division of the New York State Banking Department, which is responsible for performing consumer compliance and fair lending examinations and administering the Community Reinvestment Act. The division also coordinates economic development and CRA outreach activities with banks and community organizations.
Mr. Kramer was previously First Senior Vice President and Director of Residential Mortgage Lending at The Dime Savings Bank of New York, a Vice President of Public Affairs for the Savings Association League of New York State and was Executive Assistant to the Superintendent of Banks from 1971 until 1974.
From 1996 to early 2000, Mr. Kramer served as a Public Member of the New York State Banking Board where he evidenced his knowledge of, and commitment to, the Community Reinvestment Act and related matters. As one of Governor George Pataki’s appointees to the board, he played a major role in the board’s deliberations of some of the largest banking industry mergers. During the six and one half years he served as Deputy Superintendent of Banks, he represented the Superintendent of Banks as a director on the State of New York Mortgage Agency Board, and the Empire State Development Agency Board.
Mr. Kramer is a member of the Northeastern Regional Board of Directors of Operation Hope, Inc. and serves on the Advisory Board of Neighborhood Housing Services of New York City (NHS).
Mr. Kramer received his MBA in Management, with distinction, from Pace University.