OUR Team
Eddie Speed
President
Eddie Speed, a pioneering force in the seller financing and non-performing note industry since 1980, brings unparalleled expertise to his role as President of Colonial Funding Group LLC. His contributions include:
- Introducing innovative strategies that have shaped the modern note industry
- Founding NoteSchool, a highly recognized training company for buying performing and non-performing discounted mortgage notes
- Leading Colonial Funding Group LLC in acquiring and brokering discounted real estate secured notes
- Serving as a principal in Private Equity funds that acquire bulk note portfolios
With over four decades of experience, Eddie’s visionary leadership has positioned Colonial Funding Group to capitalize on the opportunities in today’s dynamic real estate market. His expertise encompasses:
- Identifying and evaluating lucrative note buying opportunities
- Developing cutting-edge strategies for note acquisition and management
- Mentoring professionals in the intricacies of the note business
- Adapting to market shifts to maintain a competitive edge in note buying
Eddie’s longstanding industry presence and innovative approach continue to drive Colonial Funding Group’s success in the note buying arena.
Chris Cobbs
Managing Director
Chris Cobbs brings over three decades of real estate expertise to Colonial Funding Group, specializing in note acquisition and portfolio management. His comprehensive background includes:
- Asset management and operations
- Financial reporting and investment analysis
- Acquisitions and underwriting
- Portfolio management strategy
- Contract and lease negotiation
Chris’s diverse experience spans commercial, residential, retail, and industrial properties. He excels in:
- Directing complex lease and purchase transactions
- Evaluating and acquiring various types of real estate notes
- Negotiating with institutional and private investors
- Implementing value-added strategies for note portfolios
With his strong negotiation skills and deep understanding of real estate law, Chris plays a crucial role in Colonial Funding Group’s note buying operations, ensuring optimal outcomes for both the company and its clients.
Charles Mangan
Senior Vice President
Charles Mangan, with a background in Real Estate Finance from the University of North Texas, brings over three decades of invaluable experience to Colonial Funding Group. His career highlights include:
- Navigating the complexities of the savings and loan crisis and subsequent RTC era in the early 1980s
- Playing key roles in major corporations like Southwest Savings Association, The Associates Financial Services, and MCS
- Managing one of the largest real estate recovery divisions in the U.S. at The Associates Financial Services
Charles’s expertise is particularly relevant to Colonial Funding Group’s note buying operations:
- Proficiency in evaluating and acquiring distressed assets
- Demonstrated ability to generate significant recoveries from asset sales
- Deep understanding of real estate finance and servicing
- Experience in managing large-scale operations in the financial services sector
His background in handling distressed assets and generating substantial recoveries makes Charles an integral part of Colonial Funding Group’s note acquisition and management strategies. His insights help the company identify valuable opportunities in the current market landscape.
Susan D. De La Garza
Vice President
Susan D. DeLaGarza, a veteran of the mortgage industry since 1984, is a cornerstone of Colonial Funding Group’s note buying process. Her extensive experience includes:
- Loan processing and closing management
- Credit analysis and appraisal review
- Collections and real estate law
Joining Colonial in 1993, Susan has become an industry-recognized expert in:
- Managing the entire note buying process from marketing to closing
- Overseeing individual and small portfolio note acquisitions
- Streamlining the hand-off of purchased notes
Susan’s reputation as one of the most knowledgeable and capable closers in the seller-financed note industry makes her an invaluable asset to Colonial Funding Group’s operations.
Justin Bogard
Senior Note Trader
Justin Bogard, a dynamic force in the real estate and note investing world, brings a wealth of experience to Colonial Funding Group:
- Residential home wholesaler and house flipper since 2015
- Founder of BrightPath Notes, specializing in nationwide mortgage note investments
- Contributing author to the Amazon #1 bestseller, “Real Estate Without Renters”
Justin’s expertise in note buying is further demonstrated through his:
- Popular real estate note Meetup, boasting over 1,000 followers
- Monthly live broadcasts on multiple social media platforms
- Regular speaking engagements at local, regional, and national real estate events
His innovative approach to note investing and ability to identify valuable opportunities make Justin a key player in Colonial Funding Group’s note acquisition strategies.