Executive takes on leadership role at Merchants Mortgage parent company
Roemanu, the parent company of Merchants Mortgage and Toorak Capital Partners, has appointed Charles “Mac” Macintosh (pictured) as its new chief operating officer.
Macintosh, who previously served as president of Finance of America Home Improvement, has joined the business-purpose mortgage lender’s senior leadership team. He will report directly to John Beacham, Roemanu’s CEO, who also leads Toorak Capital.
The mortgage veteran will be responsible for overseeing various operations from Roemanu’s headquarters in Tampa, Florida, and its offices in New Jersey. The company said it expects Macintosh’s expertise in fixed income and capital markets to enhance its expansion efforts.
Before joining Roemanu, Macintosh held top positions, including managing director roles at FirstKey Holdings and Raymond James, as well as heading RMBS trading at Merrill Lynch. His departure from Finance of America Home Improvement marks a significant shift, as he moves from a home improvement-focused firm to a broader business-purpose mortgage lending platform.
“Mac has over 25 years of experience in fixed income, capital markets, and investment banking in the mortgage industry,” Beacham said in a media release. “His strong leadership skills and financial expertise will help us continue to bring Roemanu and its subsidiaries to the next level.”
“I look forward to working closely with John and the rest of the executive team at Roemanu, and leveraging its market-leading technologies to help advance its mission of addressing the housing shortage through the funding of business purpose residential mortgage loans,” Macintosh said.
Read next: Tapping the business-purpose non-QM market
Roemanu was formed after KKR’s acquisition of Merchants Mortgage in 2022. Roemanu originates and invests in business-purpose mortgage loans across the US and UK, while Merchants Mortgage specializes in fix-and-flip properties, multifamily projects, and DSCR financing.
The firm also owns Toorak Capital Partners, which funds loans backed by residential, multifamily, and mixed-use properties.
Stay updated with the freshest mortgage news. Get exclusive interviews, breaking news, and industry events in your inbox, and always be the first to know by subscribing to our FREE daily newsletter.
