Jim Karr is senior director of warehouse lending and correspondent mortgage solutions for Western Alliance Bank’s Specialized Mortgage Services group. Based out of the greater Los Angeles area, he manages customer relationships nationwide that originate and sell non-agency loans to Western Alliance’s portfolio.
Mr. Karr actively manages mortgage finance and treasury management relationships, including traditional warehouse financing, MSR financing and working capital lines. He also collaborates with the correspondent sales team at AmeriHome Mortgage, a wholly owned subsidiary of Western Alliance Bank.
Mr. Karr has more than 30 years of business development experience in correspondent and warehouse lending. Prior to joining Western Alliance, he was a senior executive at Galton Funding, a leading non-agency buyer of residential home loans. Previous roles in this specialized segment of mortgage banking include business development positions with Homeward Residential, Bank of America and GMAC-RFC.
Mr. Karr is a graduate of California State University, Fresno with a Bachelor of Science degree in Business, with a focus on Risk Management and Insurance.
About Us
Specialized Mortgage Services
Western Alliance Specialized Mortgage Services, a national banking group within Western Alliance Bank, Member FDIC, delivers comprehensive funding solutions to independent mortgage bankers and funds nationwide. Led by experienced senior industry executives, the relationship banking team offers warehouse lending, MSR financing and treasury solutions with exceptional responsiveness and creativity. Specialized Mortgage Services is part of Western Alliance Bancorporation, which has more than $70 billion in assets. Major accolades include being ranked as a top U.S. bank in 2023 by American Banker and Bank Director. With significant national capabilities, the Specialized Mortgage Services Group delivers the reach, resources and deep industry knowledge that make a difference for customers.
