Joe Garrett
Principal Consultant, Garrett, Watts & Co
Member of the Financial Services Council
Council Member Biography
Joe Garrett is the Principal of Garrett, Watts and Company, a San Francisco-based advisory firm offering mortgage banking consulting to banks, warehouse lenders, thrifts and mortgage companies. Mr. Garrett served as Chief Executive Officer and President of Sequoia National Bank and as Chairman, President and Chief Executive Officer of American Liberty Bank. Mr. Garrett has over 30 years of experience in the mortgage banking and lending industry, with an emphasis on securitization and secondary market transactions. He currently provides advisory expertise for financial institutions in areas of commercial real estate lending, mortgage banking, and disposition of non-performing loans. He has taught Real Estate Finance at the University of California at Berkeley, and served as Chairman of the Berkeley Housing Authority and Commissioner on the Berkeley Redevelopment Agency. (This is me - Update Profile)
Employment History
- 2003 - present
- Principal Consultant, Garrett, Watts & Co
- 2000 - 2003
- Chief Execuitive Officer, FIRST NATIONAL BANK OF NO. CA.
- 1989 - 1994
- CEO, AMERICAN LIBERTY BANK
GLG NewsSM Analyses by Joe Garrett(?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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It's the loans, not the deposits
October 13, 2008
Joe Garrett, Principal Consultant, Garrett, Watts & Co
Wells Fargo scuppers Citigroup's takeover of Wachovia | www.guardian.co.uk
Sometimes you don't want to get what you've been hoping for. Wachovia has a top deposit gathering franchise, and they clearly help complete much of the Wells Fargo footprint.
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China investment in U.S. bank first of many yet to come
October 15, 2007
Joe Garrett, Principal Consultant, Garrett, Watts & Co
Chinese bank in landmark US investment | www.ft.com
Asian-American banks, most of which are in California, are very cheap, small enough to be easily acquired, and will likely be acquisitions targets for Chinese banks looking to diversify and expand. The biggest of these banks are UCBH, in which an investment has just been announced, and East-West...
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Kazahk banking system relatively heathy
October 1, 2007
Joe Garrett, Principal Consultant, Garrett, Watts & Co
Could Kazakhstan suffer a credit crisis? | www.financeasia.com
There just was, and to an extent still is, a global credit crisis, and financial system in Kazahkstan seems to have weathered it.
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September 24, 2007
Joe Garrett, Principal Consultant, Garrett, Watts & Co
Accredited, Lone Star amend merger deal | www.reuters.com
What a strange marriage, with Lone Star refusing to come to the wedding ceremony, Accredited sueing them, and the two eventually tieing the knot. Lone Star must have some vision for what to do with Accredited, but at the moment, there is almost no market for sub-prime loans. The only logicalplan...
Leading institutions connect with Joe Garrett through GLG
GLG Study Groups with Joe Garrett(?)
| Study Group Name | No. Members |
|---|---|
| Sub-Prime Lending Experts | 590 |
| Mortgage Servicing Experts | 218 |
| Council Members Knowledgeable on Mortgage Guaranty Insurance | 202 |
| Subprime Mortgage Experts (US) | 531 |
GLG Live Meetings with Joe Garrett(?)
Recent Seminars
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May 8, 2007 | Chicago
GLGi: Subprime Mortgage Outlook -
March 29, 2007 | Los Angeles
GLGi: Sub Prime Mortgage Outlook for 2007 -
March 22, 2007 | San Francisco
GLGi: Sub Prime Mortgage Outlook for 2007