The company hired John Boyles as senior vice president of capital markets. He will be responsible for leading the ongoing development of the company’s capital markets strategies.
"The addition of John to our growing team is a major step in developing our bench strength here at Newfi Lending," CEO Steve Abreu said. "By adding domain experts like John to our management team, we're deepening our organizational capabilities as well as expanding our ability to find the broad range of loan programs that our customers expect."
With more than 24 years of mortgage banking experience, Boyles brings business development, product innovation, and organizational leadership expertise to Newfi Lending. Most recently, he worked in the traditional retail channel for Freedom Mortgage.
Earlier in his career, Boyles served as vice president of capital markets for Opes Advisors for more than 10 years, overseeing correspondent and warehouse banking relationships. He also led initiatives to generate originator and servicer ratings with Standard & Poor's, Fitch Group, and Kroll Bond Ratings.
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Newfi Lending has announced that it has created a capital markets leadership role as it works to expand its loan programs to meet customer expectations.