Michael Canale is a director with Navigant’s consumer finance practice and is based out of the New York office. He has more than 15 years of professional experience in the banking, mortgage servicing, and financial services industries.
Michael has counseled his clients, large global financial institutions as well as regional institutions, in a variety of projects, including gap analyses, compliance program reviews, risk assessments, remediation efforts, transaction reviews, and implementation of compliance technology solutions. Recently, Michael led the implementation of a compliance oversight program for one of the largest private equity firms in the world, providing day-to-day management of their compliance programs and assisting them with implementing enhancements, deal level due diligence, and worked with the clients third party vendors to review exceptions identified through the program and ultimately remediate any operational or borrower issues.
Michael worked as an advisor for Navigant Capital Advisors where he served as vice president of finance of Taylor, Bean & Whitaker Mortgage Corp., a bankrupt mortgage originator, who, at the time of its collapse, was the largest independent mortgage originator in the U.S. servicing $80 Billion of government insured residential loans. During the company’s orderly liquidation, Michael was responsible for multiple aspects of the bankruptcy including project management, the service release of 512,000 loans to successor servicers, claims administration for approximately $12 Billion in filed claims against the estate, assisting the chief financial officer with cash management and monthly reporting to the U.S. Trustee, valuation and liquidation of company assets, and the management and sale of a portfolio of forfeiture properties on behalf of the DOJ and U.S. Marshals.
Before joining Navigant Capital Advisors, Michael was a general manager at Regus, responsible for operations and sales functions for two New York locations. While at Regus, Michael experienced an operational restructuring, and the acquisition of HQ Global by Regus. Michael started his career as a Corporate Paralegal at Weil Gotshal and Manges LLP in New York.
M.B.A., General Management, The University of Virginia Darden School of Business B.A., Economics, Boston University
Certified Insolvency and Restructuring Advisor (CIRA)
Stay In Touch
Back to top