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<h2 class="wp-block-heading">Overview</h2>

Now retired from active practice, Terrell remains connected to the firm and its clients through longstanding relationships built over the course of his career. The following biography reflects his experience and contributions during his time in practice. 

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<p class="wp-block-contentpilot-introduction">Now retired from active practice, Terrell remains connected to the firm and its clients through longstanding relationships built over the course of his career. The following biography reflects his experience and contributions during his time in practice. </p>

Terrell focuses his practice on commercial and residential real estate transactions, residential mortgage&nbsp;servicing&nbsp;and related areas, and corporate and securities transactions for private and publicly traded clients in a variety of industries. With more than 40 years of experience, he has deep knowledge in the areas of real property financing, mortgage banking and servicing, distressed asset acquisitions, nonperforming loan workouts, mergers and acquisitions, and corporate governance and operations for local and national firms.&nbsp;

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<p>Terrell focuses his practice on commercial and residential real estate transactions, residential mortgage&nbsp;servicing&nbsp;and related areas, and corporate and securities transactions for private and publicly traded clients in a variety of industries. With more than 40 years of experience, he has deep knowledge in the areas of real property financing, mortgage banking and servicing, distressed asset acquisitions, nonperforming loan workouts, mergers and acquisitions, and corporate governance and operations for local and national firms.&nbsp;</p>

Prior to joining Michael Best, Terrell was of counsel to Kruse Landa Maycock and Ricks, LLC (KLMR), where he handled corporate funding, mergers and acquisitions, and SEC periodic reporting and securities registrations.&nbsp;

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<p>Prior to joining Michael Best, Terrell was of counsel to Kruse Landa Maycock and Ricks, LLC (KLMR), where he handled corporate funding, mergers and acquisitions, and SEC periodic reporting and securities registrations.&nbsp;</p>

In 1989, he co-founded Fairbanks Capital Corp. in Salt Lake City (now known as Select Portfolio Servicing, Inc.), which grew to a company servicing&nbsp;$55 billion&nbsp;in residential mortgage loans. There, Terrell served as executive vice president and general counsel, managing all legal aspects of the company’s operations, including acquisitions of whole loan portfolios, servicing rights and mortgage servicing platforms, and licensing and regulatory compliance matters.&nbsp;&nbsp;

<p>In 1989, he co-founded Fairbanks Capital Corp. in Salt Lake City (now known as Select Portfolio Servicing, Inc.), which grew to a company servicing&nbsp;$55 billion&nbsp;in residential mortgage loans. There, Terrell served as executive vice president and general counsel, managing all legal aspects of the company’s operations, including acquisitions of whole loan portfolios, servicing rights and mortgage servicing platforms, and licensing and regulatory compliance matters.&nbsp;&nbsp;</p>

During Terrell’s 15 years with Fairbanks Capital, he gained valuable experience in all aspects of corporate management and operations, which&nbsp;benefits&nbsp;his corporate clients as he&nbsp;assists&nbsp;them with corporate transactions.&nbsp;

<p>During Terrell’s 15 years with Fairbanks Capital, he gained valuable experience in all aspects of corporate management and operations, which&nbsp;benefits&nbsp;his corporate clients as he&nbsp;assists&nbsp;them with corporate transactions.&nbsp;</p>

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<section class="wp-block-contentpilot-expand-more"><div class="wp-block-contentpilot-expand-more__excerpt is-visible" data-selector="expand-more"><p></p></div><div class="wp-block-contentpilot-expand-more__full-content" data-selector="expand-more"><p>Prior to joining Michael Best, Terrell was of counsel to Kruse Landa Maycock and Ricks, LLC (KLMR), where he handled corporate funding, mergers and acquisitions, and SEC periodic reporting and securities registrations.&nbsp;</p><p>In 1989, he co-founded Fairbanks Capital Corp. in Salt Lake City (now known as Select Portfolio Servicing, Inc.), which grew to a company servicing&nbsp;$55 billion&nbsp;in residential mortgage loans. There, Terrell served as executive vice president and general counsel, managing all legal aspects of the company’s operations, including acquisitions of whole loan portfolios, servicing rights and mortgage servicing platforms, and licensing and regulatory compliance matters.&nbsp;&nbsp;</p><p>During Terrell’s 15 years with Fairbanks Capital, he gained valuable experience in all aspects of corporate management and operations, which&nbsp;benefits&nbsp;his corporate clients as he&nbsp;assists&nbsp;them with corporate transactions.&nbsp;</p></div><button class="wp-block-contentpilot-expand-more__more-button is-visible" data-selector="expand-more">more</button><button class="wp-block-contentpilot-expand-more__less-button" data-selector="expand-more">less</button></section>

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Terrell W. Smith

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