Meet the Team
Phoenix Capital's executive and senior management team has an average of over 20 years of industry experience, providing our clients with the most valuable knowledge, support and advice. With rich and diverse past experiences, our team possesses previous tenures at industry leading firms including SunTrust Bank, Fleet Bank, Fannie Mae, JPMorgan Chase, and Bank of America.
-Brett Schaffer, President-
Brett Schaffer, President of Phoenix Capital, Inc. and Phoenix Analytic Services, Inc., has nearly 30 years of mortgage banking experience including over 25 years in the mortgage servicing brokerage industry. During this period, Brett has managed hundreds of bulk and flow servicing transactions amounting to nearly a trillion in principal balances.
Brett co-founded Phoenix Capital, Inc. and Phoenix Analytic Services, Inc. and has been instrumental in developing both companies into a top-tier brokerage, analytic, and consulting firm. Brett has developed a solid and long-term client base with his reputation for maintaining his clients' objectives first and emphasizing a level-headed approach to negotiating transactions while pushing Phoenix clients to deal practically with market realities in managing the mortgage servicing right (MSR) asset.
Prior to co-founding Phoenix Capital, Inc., Brett spent four years with United Financial, Inc. and five years with John S. Hopkins, Inc., both servicing brokerage firms. Brett began his career in secondary marketing with the Prudential Home Mortgage Company in 1985 after graduating from the University of Virginia.
-Tim Horacek, Chief Operating Officer-
Tim Horacek, Chief Operating Officer of Phoenix Capital, Inc. and Phoenix Analytic Services, Inc., nearly 30 years of programming and systems design. Tim was one of the co-founders of Phoenix Capital, Inc. in 1996. Tim currently manages the Phoenix companies IT infrastructure and software programming efforts. His 20 years of mortgage banking experience includes information systems design for National Mortgage Research, Inc., a national due diligence firm and portfolio analysis work for United Financial, Inc. His experience includes programming related to portfolio stratification, database validation, and pricing analysis. He has working experience with data conversions related to virtually every servicing system software as well as servicing pricing and accounting models.
Prior to his mortgage banking career, Tim spent seven years with Virginia Tech and the Department of Energy where he designed systems to aid in the manufacture and production of nuclear weapons. Tim was educated at Virginia Tech and holds a B.S. in Computer Science.
-Dean DeMeritte, Executive Vice President-
Dean H. DeMeritte, Executive Vice President, has over 25 years in the mortgage banking industry and has been with Phoenix for over 12 years. Prior to Phoenix, he was with Fleet Mortgage as Vice President of Portfolio Transactions.
Dean has also worked at Harbor Financial Mortgage Corp., Banc One Mortgage, Banc Plus Mortgage, Chemical Mortgage and J.I. Kislak Mortgage. His expertise includes buying and selling mortgage servicing rights, contract negotiations, company acquisitions, strategic planning, finance and accounting. In addition, he was a principal with a mortgage production company. Dean has a B.S. in marketing from the University of Maryland and has a M.B.A. with a concentration in finance from Duke University.
-Stephen Fleming, Senior Vice President-
Stephen B. Fleming, Senior Vice President of Phoenix Capital, Inc., joined the Phoenix team in 2011 and helps lead the strategic business development, client management and industry relations groups. Stephen’s responsibilities span bulk and flow servicing transactions, MSR analytics including best execution engagements, and M&A activity. Prior to joining Phoenix, Stephen was a Senior Credit Trader at Fannie Mae in Washington DC, working on the both the bulk and flow Pricing Strategy teams. He began his career at JP Morgan Chase as an Assistant Vice President. Stephen is a frequent industry speaker, including various National, Regional, and State MBA Conferences.
In addition to being a Georgetown University MBA honors graduate, Stephen holds a Finance and Accounting Certification from UPenn's Wharton School of Business and a B.A. degree in Mathematics and Economics from the College of the Holy Cross.
-Seth Sprague, CMB, Executive Vice President-
Seth D. Sprague CMB, Executive Vice President of Phoenix Capital, Inc., joined Phoenix in 2013 after more than ten years with SunTrust Mortgage managing their mortgage servicing rights portfolio valuation process as well as their periodic MSR transaction activity. Seth’s primary duties at Phoenix include managing bulk and flow MSR transactions, advising on enhanced analytic and valuation strategies, and participating in strategic business development activities as the MSR market continues to evolve. Seth has a total of over 17 years of mortgage banking and servicing valuation experience at a variety of firms including SunTrust Mortgage, Bank of America Mortgage, United Financial / Matrix Financial and KPMG LLP.
Seth is frequent speaker with the MBA’s School of Mortgage Banking Program and holds a MBA from the University of Colorado – Denver and an undergraduate degree from the University of Richmond with a concentration in Accounting.
-Rodney Schluter, Senior Vice President-
Rodney L. Schluter, Senior Vice President of Phoenix Capital, Inc., joined the Phoenix family in 2013. Rod’s primary duties at PCI include advising on the sale, acquisition, and valuation of MSR portfolios, with emphasis on new client development and management. Rod also has business development and cross marketing strategy duties with other companies in the Phoenix family, including Phoenix Analytic Services, an MSR valuation and analytics firm, Phoenix Asset Management, an REO and short sale service provider, and Phoenix Collateral Advisors, an operational and loan-level due diligence firm.
Previously, Rod worked at United Financial, Matrix Bancorp, and MountainView Capital where he was responsible for the strategic management of MSR portfolios on behalf of his clients, as well as the sale and acquisition of residential whole loan portfolios. Rod brings over 22 years of mortgage banking experience to the Phoenix companies and is a graduate of the University of Northern Colorado with a degree in Finance.
-Erin Gilbride, Senior Vice President-
Erin L. Gilbride, Senior Vice President of Phoenix Capital, Inc., has been with Phoenix for more than eight years. Erin's main responsibilities with Phoenix consist of all functions associated with the Transaction Management Division, including: optimization of sales selections, verification and development of offering memoranda, facilitation of marketing process, bid letter analysis, purchase and sale contract negotiation and purchase price reconciliation at the sale and transfer date. Erin has experience managing bulk and flow servicing transactions, scratch and dent whole loan sales and mergers and acquisitions.
Erin has a B.S. in Management Information Systems and a MBA from Ohio University
-Brady DuPuis, Senior Vice President-
Brady J. Dupuis, Senior Vice President of Phoenix Capital, Inc. has been with Phoenix for more than seven years. Brady began as an analyst with Phoenix Analytic Services, Inc., focusing on mark-to-market valuations, modeling servicing release premium schedules, and performing various detailed analysis of flow and bulk servicing transactions for both buyers and sellers of MSRs. Brady has extensive experience in valuing all types of mortgage servicing products, including agency, non-agency, subprime, scratch and dent, and reverse mortgages. Brady has experience using the top industry valuation software as well as the AD&Co prepayment model. Brady brings in-depth experience and understanding of the valuation process to the client management team.
Brady has a MBA from the University of Colorado – Denver and an undergraduate degree in Business Administration from Fort Lewis College.