RED Mortgage Capital Hires Former Freddie Mac Executive as Managing Director and Chief Underwriter for Affordable Housing
May 02 2019 - 3:58PM
Business Wire
D. Edward Greene joins the team in Reston, VA
RED Mortgage Capital, a division of ORIX Real Estate Capital,
LLC, announced today that it has hired D. Edward Greene as Chief
Underwriter for Affordable Housing.
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D. Edward Greene, Managing Director,
Chief Underwriter RED Mortgage Capital (Photo: Business Wire)
Greene joins RED from Freddie Mac, where he most recently served
as Senior Managing Director of Underwriting and Credit. In that
role, Greene focused on Freddie Mac’s Targeted Affordable Housing
and Specialty Products. Greene spent more than 10 years at Freddie
Mac, with roles that included Underwriting and Credit, Operational
Risk Management, Enterprise Risk Management, and Credit Risk
Management.
Greene will be located in the company’s Reston, Virginia office
and be responsible for overseeing all Affordable credit and loan
underwriting in addition to identifying new business opportunities
to further grow RED’s affordable lending activities nationwide.
“RED continues to develop and strategically expand its platforms
across the nation and we are thrilled to have an experienced
industry professional like Edward join the team,” said Todd
Rodenberg, Chief Credit Officer for RED. “He brings innovative
ideas and significant experience in leading new business
initiatives and conducting large-scale credit, operational, and
enterprise risk assessments to the organization. He will be a great
asset and team member in his role as Chief Underwriter for the
Affordable Housing platform.”
”This is an exciting time at RED as we continue to grow the
scope of our multifamily products and services,” said Trent Brooks,
President of RED Mortgage Capital. “Edward’s commitment to
innovation and service within the affordable housing sector mirrors
the entrepreneurial spirit we enjoy at RED. All of us look forward
to his leadership and contribution in the affordable housing
arena.”
Prior to joining Freddie Mac, Greene worked more than a decade
in the industry at organizations including Greystone Servicing
Corporation, Inc., Cushman and Wakefield and a previous role with
RED Capital Group as Vice President in Multifamily and Senior
Healthcare Underwriting.
Greene has several degrees, including a Bachelor of Arts from
Fordham University, a Juris Doctor from Albany Law School of Union
University, an MBA from Clark Atlanta University and an Executive
Masters in Leadership from Georgetown University.
He is a member of the Board of Directors for The Disability
Opportunity Fund. While at Freddie Mac, Greene received the CEO
Award for demonstrating exceptional leadership and driving business
results, served as Chairperson of Abilities—Freddie Mac's
disability oriented employee affinity group, and received Freddie
Mac's Chief Diversity Officer Champion Award for efforts in support
of the company's diversity and inclusion strategy.
RED CAPITAL GROUP
Recognized for its industry expertise, innovative and
comprehensive structures, and consistently high rankings, RED
Capital Group has provided over $78 billion of integrated debt and
equity capital since 1990, with a focus on the multifamily and
affordable housing industries.
RED Mortgage Capital is a division of ORIX Real Estate Capital,
LLC, a Fannie Mae DUS®, MAP- and Lean-approved FHA, and Freddie Mac
OptigoSM small balance lender. ORIX Real Estate Capital Holdings,
LLC is headquartered in Columbus, OH and is a wholly owned
subsidiary of ORIX Corporation USA. ORIX Real Estate Capital has 16
offices nationwide and approximately 330 employees. Securities,
Investment Banking and Advisory Services are provided through OREC
Securities, LLC, member FINRA/SIPC.
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version on businesswire.com: https://www.businesswire.com/news/home/20190502005886/en/
Lisalynne QuinnDirector of MarketingRED CAPITAL GROUP, LLC+1 469
385 1434llquinn@redcapitalgroup.comredcapitalgroup.comtwitter:
@Lisalynne_REDCorp. twitter: @REDCapitalGroup
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