Head Analyst, Ray Schalk, has over 25 years of experience in the performing and non-performing asset industry and specializes in analytics, valuation and risk analysis of fixed income assets, including residential, commercial and consumer loans. He is responsible for acquisition pricing, risk analysis and sale pricing. Prior to Revolve, he led a trade desk involved in over 2,500 offerings totaling 1M loans and $150 billion in outstanding balance. Over the last two decades, Ray has seen first hand market conditions change often and has effectively adjusted the risk strategies accordingly. He has experience in loan originations & underwriting, exit pricing strategies, conforming & specialized servicing, and capital markets operations. Ray holds a Bachelor of Science degree in Finance and Accounting from San Diego State University.