Currently, Donald is a Managing Partner at Melco Incorporated Management Services. Mr. Maxwell is responsible for increasing his client’s footprint within corporate diversity and inclusion sector, business development platform-wide for all of their companies, strategic planning, and improving execution tactics and program within the Sales, Operations, and Marketing arenas. He is also responsible for developing and implementing business strategies to include Profit and Loss management that significantly impacts ROI. Prior to starting his own consulting firm, Donald was an Executive Vice President of 24 Asset Management, LLC, a company focused on third-party asset management. He has responsibilities for managing daily operations, client relationships and developing new business opportunities for the company. Prior to joining 24 Asset Management, Donald was Senior Vice President of Executive Asset Management and President of a consultant company called Asset Serve Management where he led efforts to increase the minority lending practices of several mortgage companies by building start up multicultural lending divisions, introducing sales and operational disciplines throughout the organizations, developing strategic plans for partnerships with various participants. His clients included, Washtenaw Mortgage Company, Allied Mortgage Group, Maverick Residential Mortgage, First Guaranty Mortgage, Net Bank, SMI Mortgage and Prime Lending, to name a few.
Mr. Maxwell worked for Federal National Mortgage Association (Fannie Mae) for over 12 years in a number of positions. As Director of Marketing, Single Family Mortgage Business, he was responsible for developing and leading the company’s sales and marketing efforts with the underserved lenders. His efforts included attending and sponsoring ten national and regional conferences with local and national trade groups. He also increased business opportunities for trusted advisors and lenders by delivering an estimated of $4.5 billion in loan production (27,000 loans).
As Director of partnership office, Mr. Maxwell was responsible for developing long-term investment plan estimated value of 7 billion over five years to expand Fannie Mae capacity to deliver products and services supporting the housing priorities in the communities we served. He also leveraged private and public funds, identified and created low to moderate income mortgage products. Establishing and maintaining relationships with non-profit organizations, lenders, and public officials that addressed the housing needs of their underserved communities. Evaluated and recruited non-traditional partners to expand the volume and customer base.
When Mr. Maxwell was at Freddie Mac and Fannie Mae dealing with their REO dispositions. Initially as a Team Leader, Sales Manager and later as a National Director, he managed a staff of asset managers, Supervisors, and Managers responsible for asset sales on a national basis. Under his supervision his team achieved the following, Successfully disposed of over 21,000 reo properties with an estimate in value of over 1 Billion, reduced credit losses to $70 million exceeding goal of below $130 million and reducing aged inventory from 10% to less that 5% of listed inventories.
Mr. Maxwell is a former National Football League and Canadian Football League Player. He is an active member of the National Football League Alumni. He is actively involved in community service, with the NFL Alumni. He is also active with various trade groups such as NAACP, NAREB, AREAA, NAHREP, NREBA, NAR, and National Urban League. He a well known public speaker who is always asked to be a key note speaker at many conferences. Mortgage Bankers Association (MBA) – Diversity and Inclusion Committee.
Mr. Maxwell holds a BBA from Northwood University, with a major in Business Administration, Management. He has also completed the Northlake Colleges and Commercial College- Texas Association of Realtors. Don spends much of his time on various committees and church-related activities, and serves as Teacher in the church marriage class at Friendship Baptist Church.