Dr. Andy Schell, CPA/CFF,  CMB

Dr. Andy Schell, CPA/CFF, CMB
Doctor Schell the Profit DoctorTM
CEO & Managing Partner
[email protected]; (512) 501-2812
Dr. Schell is Managing Partner and Founder of MBS Financial Services and Mortgage Banking Solutions ("MBS"), based in Austin, Texas.  MBS was founded in 2007 and has grown to be a national advisory firm supporting commercial banks, mortgage banks, and credit unions in all areas of mortgage finance.  
 
Vision into Reality
Andy is known for his ability to turn "vision into reality" and "chaos into order" as he finds creative solutions to the challenges his clients face addressing Revenue Stability, Technology Enhancement, Financial Management, and Workflow Efficiency.

  

 

About Dr. Schell:

Industry
  • Created a $5 billion mortgage origination channel for Bank of America

  • President of a mortgage company; CFO installing intercontinental ballistic missiles

  • Founding partner at Mortgage Banking Solutions 

  • Advised Casey Crawford during the launch Movement Mortgage. MM is now a $20 billion mortgage company. Here is a video testimonial from Casey. LISTEN

Teaching & Authorship
  • Teaches CEOs, CFO, and CPAs the details about Mortgage Finance

  • Authored the book “The Economic Value of Financial Derivatives ©.”

  • Completing the book “A Simple Guide 2A Healthy Business ©."

Education and Certifications
  • Bachelor’s degree in banking & finance

  • 3 Masters' degrees in Accounting, Leadership, and Business Management

  • Doctorate in Business Strategy

  • Completing a second Doctorate in Communication

  • Multiple certifications as a CPA with a CFF (forensic specialization) designation

  • Certified Mortgage Banker issued by the MBA

Andy is best known for his ability to listen well and communicate complicated topics in an understandable manner, which enhances his ability as an advisor in mortgage finance.


Advisory Services
In his role as an advisor in Mortgage Finance, Andy provides MBS clients assistance with the most complex areas facing the industry today including:
  • Revenue Sustainability and Margin Management

  • Capital structure & Partner distribution

  • Accountability, Measurement & Management

  • Strategic Design for Market Differentiation

  • Workflow Assessment for staff efficiency

  • Mortgage Supply Chain Management

  • Technology ROI & Technology selection, conversion, and integration

  • Project Management for Accounting System & LOS Installation

  • Advanced Accounting Practices for Mortgage Lenders

  • Hedge Accounting Training covering ASC 815, ASC 820, ASC 825

  • Hedge Model Validation as required by OCC 2011-12

  • Financial Management and Regulatory Reporting for SEC, OCC and CFPB

  • Operational Assessments of Commercial Banks in Mortgage Lending

  • CMS Control Environment design for PCAOB/Public Company Mortgage Lenders

  • Warehouse line borrower assessment of Independent Mortgage Lenders 

  • Servicing and Subservicing validation for OCC 

  • Servicing Strategy including Sub-Servicer Selection

  • Merger & Acquisition due diligence

  • Expert Witness for cases involving Fortune 100 national companies

  • Professor teaching advanced business concepts
     

Unique and Successful
Dr. Schell is likely the only person in the country that holds a doctorate, is a Certified Public Accountants with a Certification in Financial Forensics from the AICPA, and is a Certified Mortgage Banker.
Andy has extensive experience designing strategies and extracting results in various business environments. His team created a $5 billion Correspondent Lending function for Bank of America where he also managed the $35 billion Capital Markets settlement activity and managed all mortgage accounting nationally. He also had the privilege to engage with Casey Crawford during the formation of Movement Mortgage, which is now a $20 billion mortgage company. Here is a video testimonial from Casey. LISTEN
Dr. Schell is recognized as an expert in all areas of Mortgage Finance, including Capital Market, Hedging, Accounting, Strategic Design, and Organizational Dynamics, and Leadership. He has a proven track record of developing innovative solutions to quickly address earning performance issues by increasing sales, improving efficiency, and reducing costs. He knows what it takes to launch a profitable and sustainable business. His book " A Simple Guide for a Healthy Business" in pending publication. 
While COO & CFO for an Alaska Native corporation, Andy led the firm's entry into federal contracting that resulted in constructing Inter-Continental Ballistic Missle (ICBM) silos and creating event detection software for NASA. 
 
Professor and Teaching
Dr. Schell has been a professional instructor for over 10 years during which time he created the material and delivered over 100 academic sessions of content ranging from strategy and leadership to accounting and hedging, delivered to thousands of CEOs and CFOs of lenders as well as CPA Auditors (specifically those who audit mortgage banks) across the country.
 
He also speaks at national conferences, vendor events, is published in national circulations discussing accounting, risk management, and capital markets, and is the host of the “Doctor Schell the Profit Doctor” segment of the national podcast known as Lykken on Lending with over 8,000 individual downloads per week.
 
Education Detail - Dr. Schell completed:
  • Bachelor's Degree in Banking and Finance from the University of North Texas,
  • Southern Methodist University's Graduate School of Banking,
  • Master's studies in Accounting Theory at the University of North Texas,
  • Master of Business Administration degree from WGU Texas,
  • Master of Science in Management and Leadership degree from WGU Texas,
  • Doctorate in Business Strategy from William Howard Taft University. 
Certification Detail - Dr. Schell's certifications include:
  • Certified Public Accountant (CPA) with a current Texas CPA license.
  • Certification in Financial Forensics (CFF) issued by the American Institute of Certified Public Accountants (AICPA) from its specialized valuation services section.
  • Certified Mortgage Banker (CMB) issued by the Mortgage Bankers Association (MBA).

More History
He began his career in 1978 as a mail-room clerk for an FDIC bank, and after rapid promotion, he was presenting the corporate financial results to the bank’s Board of Directors when he was 24 years old. In 1998, he became President & CFO of a billion-dollar multi-state mortgage bank.
 
Over the past 40-years, he has lead operations for both small and large organizations, including Bank of America in San Francisco, where his team created a $5 billion national Correspondent Lending platform and he managed the $35 billion Capital Markets settlement activity and all Mortgage Accounting nationally.
 
He directed the loan servicing operation for a multi-billion Dallas commercial bank and then lead the creation of 7 national companies from mortgage lending to federal contracting, including the ICBM silos for the national defense shield in Alaska.

Personal
Andy and his wife live in Austin where they support local charities including donating their time to help low-income families address complex financial management issues. 
Personal Trivia -
  • By the age of 24, he was the youngest controller in the company history of a regulated depository.  
  • In 1982 he installed the first PC computer system for this bank where he programmed a database to track real estate development.
  • In 1984 he created a technology company where he sold services and programmed databases for financial advisors.
  • He has lobbied Senators, Congressman, and Army Generals & Navy Admirals for defense contract awards for the installation of ICBM silos.
  • He is a certified sound engineer running multi-million-dollar sound systems for large venues.
  • He is a professional musician having played drums touring internationally with a band, performed on national TV, and played for recordings used for Austin based Broadway musical performances.
  • As a freshman in college, he was admitted to the University of North Texas Jazz School of Music before he changed his major to Banking & Finance.
  • He attended a private prep-school in Hawaii that played Barack Obama’s high school in basketball. President Obama attended Punahou and Andy attended Mid-Pacific Institute (MPI - The Mighty Owls).
  • He started selling magazines when he was in 1st grade,  he was president of his 6th-grade class, he was head of the campus police in 8th grade, in high school he won motocross races in the 100cc class, he won multiple musical performance awards, he won tennis championships, and he was selected as the outstanding senior in high school by the Mid-Pacific staff and faculty.
  • He graduated from SMU with honors and distinction for leadership.
  • He was the Founding Board Member for a youth Broadway Musical Group and a Board Member for CrossPoint Community Church.
For more information about Dr. Schell's services, see DoctorSchell.com