GREENVILLE, S.C. – Lima One Capital, the nation’s premier lender for real estate investors, has hired mortgage servicing industry leader Dave Hughes as its new Senior Director of Core Servicing.
Hughes, who will lead the team that services Lima One’s multibillion-dollar portfolio of loans, has over 20 years of experience in loan servicing, specializing in leading teams that have enhanced operational performance and customer experience. He most recently spent 12 years at RoundPoint Mortgage Servicing, assuming the role of EVP of servicing operations and overseeing portfolio management, regulatory compliance, and process optimization.
“I am excited to join Lima One Capital and partner with their amazing leadership team. I am most impressed with the extraordinary culture they have intentionally crafted and strengthened over the years, and the incredible growth opportunities before us,” Hughes said. “The team and I will partner to shape their already impressive servicing operation for scale and unparalleled excellence.”
Among Hughes’ career accomplishments are:
Spearheading the operational integration of an acquired company, ensuring a seamless transition and retention of key leadership.
Orchestrating the successful transfer of 800,000 loans over 16 months, increasing the existing portfolio 8x with no increase to complaints per loan or exam findings.
Leading teams and processes to improve Serious Delinquency Quality by 100 basis points within 120 days.
Reducing the cost to service loans by increasing operational efficiency and improving accounts per employee from 800 to 1,800 with no degradation in customer service.
“Dave’s ability to drive strategic initiatives and streamline servicing operations has earned him a reputation as a servicing industry leader,” Lima One CEO Josh Woodward said. “His passion for leadership development and delivering exceptional service to clients will be a tremendous asset to Lima One.”
About Lima One Capital
Since its inception in 2010, Lima One Capital has been recognized as the nation’s premier lender for real estate investors and has funded over $10 billion in business purpose real estate loans. With a reach across 46 states, Lima One operates as a capital partner for both real estate investors and brokers by financing residential investment strategies including fix and flips, rental, and new construction. In 2021, Lima One was acquired by real estate investment trust MFA Financial, Inc. (NYSE:MFA), ensuring a consistent source of capital and further cementing Lima One as one of the most dependable private lenders in the United States. For more information, visit limaone.com.
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