RED Mortgage Capital Hires Former Freddie Mac Executive as Managing Director and Chief Underwriter for Affordable Housing
D. Edward Greene joins the team in Reston, VA
COLUMBUS, Ohio–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/BuildingRelationships?src=hash” target=”_blank”gt;#BuildingRelationshipslt;/agt;–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.
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.
Director of Marketing
RED CAPITAL GROUP, LLC
469 385 1434
Corp. twitter: @REDCapitalGroup