Profile

Gary Zimmerman
SVP & Manager
UCCPlus - Fidelity National Title Group

Gary supervises, coordinates and advises the underwriting and production of UCCPlus Lender’s and Owner’s Polices. With over 30 years of Uniform Commercial Code (the UCC) experience, Gary is an authority and expert on matters relating to secured lending and loan transactions. As Chief Underwriting Counsel, Gary reviews and evaluates transaction structure and provides feedback on the insurability and necessary due diligence required to underwrite major-market commercial finance, mezzanine loan transactions and purchases of equity interests in limited liability companies and limited partnerships. He also provides counsel and advice to outside counsel and major commercial lenders with respect to Article 8 and Article 9. Within the Fidelity family, Gary provides input and advice with respect to general secured lending and UCC Article 9 questions.
Gary is a frequent lecturer on matters involving Article 8 and Article 9, commercial lending practices, and matters relating to UCC title insurance. He is also on the faculty of the Commercial Finance Association education programs.
Before joining Fidelity’s UCCPlus group, Gary was Vice President and Senior Counsel at Fleet Business Credit’s (now Bank of America) Vendor Finance Group in Chicago. Gary’s principal areas of responsibility included the structuring, drafting and negotiation of appropriate vendor program agreements and related loan documentation with Fleet’s new and existing vendors, the analysis of underlying lease and license agreements, and ensuring loan and Group compliance with Fleet’s policies and procedures. Prior to that, Gary was Vice President and Assistant General Counsel to Navistar Financial Corporation, where his practice focused on commercial equipment leasing and financing and related lease and note portfolio securitization. Gary also served as Senior Counsel to Heller Financial (now GE Capital) both in the Leveraged Funding Group and in the Equipment Finance Group, and was Chief Counsel to Exchange National Bank’s (a precursor to LaSalle National Bank/ABN/AMRO) Asset Based Lending Division. He started his legal career as an underwriter for a commercial business unit of Chicago Title Insurance Company.
Gary is a member of the American Bar Association’s Business Law section and a member of the Chicago Bar Association. He received his B.A. from Drake University and his law degree from DePaul University College of Law.




Back