Executive Vice President, Operations, Main Street Renewal
Mr. Magel has over 25 years of experience in mortgage banking and has managed all aspects of mortgage banking including originations, servicing, and secondary marketing. Richard’s prior experience includes SVP of Executive Administration for Lomas Mortgage USA, President of Winstar Mortgage Partners, and 11 years with Guaranty Residential Lending as Chief Operating Officer. His accomplishments include operating a $10 billion a year origination and 100,000 loan servicing platform, extensive M&A experience, development of several asset or investment M&A structures, and management of multiple conduits and operational platforms. Richard received his BS from the School of Communications at The University of Texas in Austin, Texas.