Terrell W. Smith

Smith 200 x 280 (1 of 2)Areas of Practice

Corporate
Securities
Estate Planning and Probate
Real Property

Email

tsmith@klmrlaw.com

Terrell Smith became of counsel to Kruse Landa Maycock and Ricks in July 2013.  Since 2004, his practice has focused on real property financing, commercial transactions, mortgage banking and servicing, distressed asset acquisitions, nonperforming loan workouts, securities transactions and corporate governance and operations for local and national firms.

Terrell co-founded Fairbanks Capital Corp., Salt Lake City, Utah (now known as Select Portfolio Servicing, Inc.), which grew to a company servicing $55 billion in residential mortgage loans with four servicing centers, in Salt Lake City, UT;  Philadelphia, PA, Jacksonville, FL, and Austin, TX, by 2004.  From its inception in 1989 until his departure in 2004, Terrell served as Executive Vice President and General Counsel and managed all legal aspects of the company’s operations, including acquisitions of whole loans, servicing rights and servicing platforms, and licensing and regulatory compliance matters.  Select Portfolio Servicing is a nationally recognized special servicer of residential mortgage loans.

Education

Terrell is a 1974 graduate of the University of Utah College of Law, and a 1971 graduate of Stanford University, with a Bachelor of Arts Degree in economics.

Bar Admission, Professional Affiliations

  • Member, Utah State Bar, 1974 — Banking and Finance, Real Property, Business and Securities Law sections
  • U.S. District Court, District of Utah, 1974
  • U.S. Court of Appeals, Tenth Circuit, 1975

Community Involvement

  • Board Member, Salt Lake City Police Department Foundation — 2011 to present
  • Board Member, Stanford Athletic Board — 2006 to 2010
  • Board Member, Alta Club — 2007 to 2010
  • Board Member, West High Football Booster Club — 2010 to 2013
 
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