Darrell Shaffer

Darrell Shaffer is currently the Head of Underwriting at Tomo, a fintech startup focused on enhancing the homebuying experience through innovative mortgage solutions. He has held this position since March 2021, where he has been instrumental in building the underwriting department with an emphasis on automation and technology. His responsibilities include overseeing the underwriting process, integrating advanced technologies to improve efficiency and accuracy, and collaborating with cross-functional teams to optimize risk assessment and streamline operations.1

Professional Background

• Tomo (Mar 2021 - Present): As Head of Underwriting, Shaffer has focused on leveraging data analytics and automated systems to enhance underwriting practices.
• Opendoor (Dec 2019 - Mar 2021): He served as Head of Underwriting, where he established a technology-driven underwriting function aimed at transforming industry standards through AI and data analytics.
• Previous Roles: Shaffer has extensive experience in various underwriting positions at companies such as Capital One, Great Western Home Loans, and Bank of America, where he developed a strong foundation in mortgage underwriting and compliance.1

Education and Certifications

Shaffer studied Computer Science at The Art Institute of California-Orange County and holds a DE certification from the Federal Housing Administration, which underscores his qualifications in the underwriting field.1

His strategic leadership and commitment to innovation have positioned him as a key figure in the evolution of underwriting practices within the mortgage industry.