John Boyles has joined Newfi Lending, a technology-enabled residential mortgage lender and portfolio company of Warburg Pincus, as senior vice president of capital markets.
Boyles has more than 24 years of mortgage banking experience, with expertise in business development, product innovation and organizational leadership, Newfi says in a release.
Previously, Boyles worked in the traditional retail channel for Freedom Mortgage. Prior to that, he served for over 10 years as vice president of capital markets for Opes Advisors, where he oversaw correspondent and warehouse banking relationships. He also led initiatives to generate originator/servicer ratings with Standard & Poor’s, Fitch and Kroll Bond Ratings.
In this newly created position, Boyles will lead the ongoing development of Newfi’s capital markets strategies.
Newfi Lending currently has operations in Arizona, California, Colorado, Florida, Oregon, Pennsylvania, New Jersey, Utah and Washington. The company has received licensing approval for 16 states and plans to operate in over 20 states by the end of this year.