He credits his success to his 21 years at JP Morgan and Head of Real Estate Lending. In 2009, Mr. Borgers was appointed as Senior Staffer for the Financial Crisis Inquiry Commission, housed in Congress. At the Commission, his primary focus was on large banks, Real Estate and Mortgage Industries, homeowners and other major concerns. For his work on the Commission, he was awarded the Washington DC ACFE Examiner of Year for 2009 and 2010 and also the 2010 Special Act of Service Award by the Commission. He is often quoted in the news media for his Financial, Real Estate and Mortgage Industry expertise.

Borgers & Associates LLC, Glen Ridge, New Jersey, Managing Partner (2014-Present)

Borgers & Associates was founded by Tom Borgers. He has held key positions on every side of a financial transaction: banker, investor, regulator, senior examiner and investigator, CFE, analyst, consultant and expert.

After holding high level positions at Banks, Mortgage Industry, Regulators, consulting and expert witness firms, Tom Borgers set out to build a firm to leverage his industry relationships, to create a group of talented experts and consultants with varied backgrounds, pedigree and experience who best serve our diverse client-base. He has been a lead consultant or expert for Finance and Mortgage Banking, and Compliance and Corporate Governance.

Managing Director, Mesirow Financial Consulting, and New York City: January 2011 – August 2012

As Managing Director, his focus is on providing mortgage, litigation, investigative and intelligence services in areas such as investigations, risk mitigation, integrity advisory, litigation consulting and expert testimony, primarily with financial and banking institutions. Additionally, he is focused on mortgage- and asset-backed securities and other exotic structured derivatives, corporate governance and financial institution operations and controls.

· Major Investment Bank RMBS Litigation Expert Report (Lead Expert and Consultant) – Hired to provide litigation support and expert report services to counsel in connection with a large securities class action in the Southern District of New York against a major investment bank in connections with misleading statements concerning mortgaged-backed securities. Revenue to firm $1 million +

· Global Financial Institution Mortgage Related Investigation (Lead Consultant and CFE) – provided mortgage-backed securities related litigation and investigative support services to a large global financial institution that suffered large losses as a result of fraud. The scope of work included the analysis of relevant case issues, identifying and tracking potential witnesses, interviewing witnesses and presenting findings. The consulting report identified, and in many instances interviewed, more than 150 potential witnesses across the United States, from a myriad of financial institutions and related parties. Revenue to firm $1 million +.

· Commercial Real Estate Expert Report (Lead Expert and Consultant) – Prepared expert report for a large multi-million-dollar residential condo development project in the southeast. Revenue to firm $250,000+

· Senior Team member of major investigative and consulting engagements in US and International

o Major financial investigations and litigation support reviews and consultancy

o All cases over $250,000 in revenue to firm

· Development of Strategic Alliances and New Products.

· MFC’s Media Expert: Has provided commentary and interviews on numerous financial and mortgage industry for the Media, including CBS 60 Minutes, CNBC, Wall Street Journal, American Banker, SNL and other publications.

Financial Crisis Inquiry Commission (Congressional Commission), Washington DC-Senior Investigator: 2009-2010

Congressional appointment as a Senior Investigator of the Commission to initiate investigative and financial reviews that would identify the Causes of the Financial Crisis.

· For his work on the Commission, he was awarded the Washington DC ACFE Examiner of 2009 and 2010 and also the 2010 Special Act of Service Award by the Commission.

· Interfaced with high level officials of federal and state agencies, including SEC, FDIC, NCUA, DOJ- OSHA, GSEs, FINCEN, CFPB, Congress and numerous other entities.

· Lead investigator and banker to find Whistleblowers and other witnesses who made material contributions to FCIC mission.

· Developed and reached out to industry leaders that would help the Commission understand and complete its many statutory tasks, including Wall Street, Washington DC, Regulators and Industry Organizations.

· Guided staff on major financial and mortgage related analysis and investigations.

· Played key role in investigating Wall Street banks, credit rating agencies, regulators, brokers, mortgage entities, servicers, due diligence firms, underwriters and issuers of RMBS, insurance and GSEs.

· Uncovered material frauds and negligence findings for the report to the President and Congress, including major banks, regulators, GSEs, Whistleblowers.

The Felsen Network & Consulting LLC, Glen Ridge, NJ – Senior Consultant: 2007-2009 (also 2004 -2005)

Senior consultant to major law firms, financials, and Fortune companies. Services include: multi-million dollar recoveries, recruiting professional staff, fraud reviews, marketing, strategic planning and sales, litigation support, risk analysis, due diligence, general business consulting; mortgage lending, and financial reviews.

· Successful development of recovery strategies and actions for victims of Madoff Fraud.

· Senior CFE and Analyst for major fraud and negligence reviews, including SEC violations, large dollar frauds, Whistleblower actions and recoveries, due diligence and other risk analyses.

· Reviewed large multi-million dollar distressed debts for recovery actions.

· Gave speaking engagements and articles on financial, mortgage lending and banking crisis.

· Business coaching for top professional candidates

· Recruiting and related services

KPMG, Los Angeles, CA, USA – Manager and Business Consultant – 2006-2007

Performed and developed advisory services for the large US financial companies: hedge funds, mortgage lending, litigation support, banking, credit card, and insurance companies.

· Uncovered major corporate risks and assisted companies in developing corrective actions and valuations, including in banking, insurance, mortgage lending, hedge funds and M&A.

· In February 2006, marketed and developed a marketing plan focused on risk advisory, litigation support, forensics and M&A in response to the collapse of the Subprime mortgage market.

· In January 2006, forecast the collapse of Mortgage Industry, especially subprime segment.

· Development of staff

Interfor, Inc., NY, NY – Managing Director: Fraud, Compliance, Negligence Reviews: 1998-2004

Director of International Investigations and Recoveries for Interfor, Inc. Marketed, managed, and prepared multi-million dollar internal and external fraud, financial, intelligence and investigative reviews. Developed consulting, litigation support and other specialized services to corporations, law firms, financial institutions, and creditors’ committees, including: pre-litigation to post-litigation services, reviews to identify fraud, negligence, and other concerns.

· Senior Certified Fraud Examiner, Financial Analyst, Consultant and Marketer for some of the largest fraud and negligence cases around the world: billion bankruptcies; securities violations and market manipulation; white collar crimes; and other specialized consulting assignments.

· Managing Director of Hanover: Directed all activities in buying large dollar distressed debt and other assets, including recovery activities, developed major relationships with Fortune 1000 companies, multinationals, US agencies, foreign governments, and other major institutions.

Senior Consulting Services, Saipan, CNMI: 1994-1997

Conducted high level financial and consulting services for leading financial and corporate entities.

· Special Consultant to Lt Governor of Saipan

· International Consultant to Budweiser, Coca-Cola, DHL, and other local and international firms

· GM for Bank of Guam in CNMI

Federal Deposit Insurance Corporation (FDIC) – Senior Investigator-In-Charge & Internal Review: 1990-1994

As FDIC Senior Investigator-in-Charge investigated large financial institutions to uncover acts of fraud, and negligence of directors, officers, attorneys, security and investment advisors, accountants, appraisers, customers, and others. As lead investigator for failed institutions, prepared and directed criminal referrals, and conducted joint investigations with other agencies, especially the FBI.

· Investigator -in-Charge of some of the most sensitive and complex investigations in the country. Supervised fee and in-house investigative staff and appointed acting Department Head. Prepared

complex investigative plans, reports and cases to initiate fraud and negligence actions against culpable individuals. Identified key witnesses, prepared deposition and interview questions, and conducted in-depth interviews. Identified, located, collected, analyzed, presented and protected investigative material.

· Responsible for the recoveries of multi-millions claims for billion dollar failed institutions.

· Special recognition for working with FBI and IRS agents.

PHH US Mortgage Corporation, Cherry Hill, NJ – Senior Lending Manager: 1988-1989

Managed all aspects of the short term lending programs, including origination, closing, servicing, product development, collection, compliance, mortgage banker training and underwriting. Also, administered the company’s quality control program.

J P Morgan, NY, NY – Senior Real Estate Lending Manager: 1967-1988*

Directed all areas of Private Banking Division’s mortgage lending programs, including marketing, credit policy, real estate appraisals, origination, processing, sale of loans in secondary mortgage market product development and compliance

· Expanded market from New York Area to 50 states.

· Conceived and organized the first company-wide sale of new and seasoned mortgage loans in secondary market.

· Negotiated large dollar private placements.

· Created the first preferred customer rate program, increasing marginal servicing profitability from 40% to 140% by eliminating most of the labor intensive monthly servicing, and accelerating monthly payments.

· Expanded mortgage product line from one product to five highly competitive products, including the first matched funded fixed rate mortgage product.

· Increased the mortgage portfolio value in the secondary market by redesigning documentation and products.

· Developed the first sale of new fixed rate mortgages in the history of the JP Morgan.

· Tripled new business in three years without a staff increase.

*During this period held other positions at JP Morgan: Assistant Treasurer, Marketing Analyst, Editor and Auditor.

· Saint Peters College, Jersey City, New Jersey – Bachelors Science Degree (1975)

· Association of Certified Fraud Examiners US-Texas-Austin – CFE (1999)

· Legacy – Business Coaching/Training US-Utah-Salt Lake City – Graduate (2005)

· FDIC US-DC-Washington – Certification -Basic & Senior Investigator Graduate (1991-1992)

· J P Morgan US-New York-New York – Credit and other Professional Training (1975-1986)

Accomplishments:

· Contributor to the Financial Crisis Inquiry Report and Commission (FCIC)to Congress and the President 2009 to 2011

· Awarded the Washington D.C. ACFE Examiner of the Year Award for 2009 and 2010 for his work at the FCIC.

· Awarded the Special Act of Service Award by the FCIC in 2010.

· Speaker and Expert on Fraud, Financial Risks and Reviews and the Financial Crisis. Contributor to many news entities on financial topics.

· Host and Creator of the Tommy B Show covering the major topics impacting the US and international

· November 2013/2014 Spokesperson for most successful food campaign drive for the Homeless and Poor in New York City.

· Advisor to Theodore Roosevelt Association 2013 to 2015

· Advisor to John Jay College of Criminal Justice 2009 to 2015

· Corporate Conference Chairman for the Association of Certified Fraud Examiners in New York City 2011 to 2014

· Association of Certified Fraud Examiners CFE, contributor, speaker and member of the Board in New York City (1998- 2015)

· John Jay College of Criminal Justice – Advisor to Community of Practices for the new Forensic and Investigation Department and guest speaker (2009 to 2014)

· Present and Former member and/or Director of many professional organizations in the US, Bank Marketing Association, Management of Real Estate Board of New York, Member of the Real Estate Planning Board- Glen Ridge, New Jersey.