RED Mortgage Capital appoints chief underwriter for affordable housing

RED Mortgage Capital has announced the appointment of D. Edward Greene as chief underwriter for affordable housing.

Greene will be based out of the firm’s Reston, Va., office and will oversee all affordable credit and loan underwriting activities. Greene most recently served as senior managing director of underwriting and credit at Freddie Mac. He also held positions in operational risk management, enterprise risk management, and credit risk management in his 10 years at the GSE.

“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 at RED Mortgage Capital. “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.”