WaterfallCalc.com was created by Donna Schmidt, the Managing Director of DLS Servicing Consultants, LLC and Andy Tabisz, the President of WorkSmart Database Masters, LLC to accommodate the need for fair and consistent loss mitigation. Donna Schmidt's experience as the managing director of DLS Servicing Consultants for over 30 years led her to recognize the need for a quick and easy-to-use programs that handles Loss Mitigation proficiently and accurately.  
Partnering with Andy Tabisz of WorkSmart Database Masters, an established database programmer, WaterfallCalc.com was created to meet the demand of processing loans under the current, more complicated insurer guidelines. WaterfallCalc.com is an affordable, user-friendly program designed to meet the needs of all mortgage servicers

Donna Schmidt

Donna has over 25 years of experience in nearly every aspect of the mortgage servicing environment, having served in executive position in multiple large servicing organizations.  She has a unique perspective of technical awareness, cost efficiencies and Insurer/Investor compliance.  Donna maintains an excellent reputation within the mortgage servicing industry and is widely considered to be an industry expert in mortgage default, specifically in loss mitigation.  Donna created DLS Servicing Consultants in 1993, and has successfully worked with more than 50 mortgage servicing companies on multiple high-level projects.


Andy Tabisz,

President of WorkSmart Database Masters, has been awarded the 2015 Microsoft® MVP (Most Valuable Professional) Award for his technical expertise and outstanding contributions to the Microsoft® Access community. Currently, there are 75 MVPs for Microsoft Access worldwide, 37 of which are in the U.S.

Capture 23.JPG