Mortgage industry veteran Brad Nease has joined Woodland Hills, Calif.-based Manhattan Capital Markets (MCM) as senior vice president, national sales.
Nease has 29 years of experience in the mortgage capital markets arena. Most recently, he served as director of CWatts Mortgage Consulting Services. Prior to that, he served as president of Synergy 1 Lending.
In his new role, Nease will oversee national sales distribution of Manhattan Capital Markets' diverse range of products.
‘We are very excited to have Brad as part of the team,’ says Tad Dahlke, principal and senior managing director for Manhattan Capital Markets. ‘He brings extensive mortgage banking experience to MCM and its subsidiaries, and we look forward to his contributions.’
MCM is a vertically integrated mortgage platform serving mortgage bankers throughout the nation. Established in 2009, the firm buys and sells mortgage loans on a correspondent and whole loan-trading basis. Through its subsidiary, Banc of Manhattan Capital (a FINRA-registered broker dealer), MCM makes markets in virtually every type of mortgage-backed security.
In addition, MCM owns a registered investment adviser (Manhattan Investment Management Services Inc.) that manages two mortgage investment funds with assets in excess of $200 million.
Dahlke notes that ‘while MCM serves a wide range of institutional customers, its primary focus is mortgage bankers, and Nease will be an integral part of that effort going forward.’