Love Funding, one of the nation’s leading providers of FHA multifamily and healthcare financing, announced a series of personnel moves meant to build on the company’s record-setting year in 2011.
Jonathan Camps, formerly the company’s chief underwriter, has been named to the newly created position of managing director of production. In his new role, Camps is responsible for the development and performance of all sales activities for the company, including creating annual business plans and sales strategies, cultivating its originator ranks, and managing the loan transaction pipeline. He will continue to be based in the company’s Washington headquarters and report directly to Love Funding President Mark Dellonte.
“Jon has been with Love Funding for 12 years and an integral part of the senior management team for the past six,” Dellonte said. “His contribution to the overall success of the company is immeasurable and I am very excited to see him succeed in his new role.”
In related moves, the company tapped Cortney Mauldin to serve as chief underwriter and named Latoria Thompson to the position of deputy chief underwriter for healthcare. Denise Troeschel will remain in her current role as deputy chief underwriter for multifamily.
Mauldin joined Love Funding in 2003 as a loan production specialist and worked his way up to his most recent post of deputy chief underwriter. Thompson was most recently a senior underwriter with the company, and has more than eight years of experience in commercial, multifamily and healthcare underwriting. Mauldin is based in St. Louis, while Thompson is in Washington.
“Cortney possesses a great knowledge and understanding of both HUD multifamily and healthcare programs and he will direct our underwriting team very capably,” Dellonte said. “Latoria has proved to be one of the most knowledgeable and capable healthcare underwriters in the business.”
The personnel moves come on the heels of a record year for Love Funding’s core business of securing multifamily and healthcare loans through the U.S. Department of Housing and Urban Development. The company originated and underwrote $737.2 million in multifamily and healthcare business that closed in the government’s fiscal year ended in September, making it the agency’s third-ranked multifamily and healthcare lender.