Mission Capital Advisors and its subsidiary Mission Global, a mortgage services due diligence business, announced the hiring of William Horning as a director with the residential mortgage group.
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Mission Capital Advisors and Subsidiary Mission Global Hire William Horning As Director of Mortgage Operation
Mortgage Industry Professional Brings More Than 16 Years of Experience
in all Facets of Residential Whole Loan Finance
NEW YORK (Feb. 25, 2016) — Mission Capital Advisors, a leading national real estate capital markets solutions firm, and its subsidiary Mission Global, a mortgage services due diligence business, today announced the hiring of William Horning as a director with the residential mortgage group.
With nearly two decades of experience in residential whole loan finance, Horning will assume a senior role in both Mission Capital Advisors’ residential whole loan trading operation and Mission Global’s due diligence and mortgage services operation.
“As we continue to expand our offerings, Bill is the perfect fit from both a loan trading and mortgage services standpoint,” said Ray Ralph, managing director of operations with Mission Capital Advisors. “We were immediately impressed with Bill’s breadth of experience and long history in whole loan finance and we’re confident he will offer our clients the high level of service that has become synonymous with the Mission name.”
With extensive experience in residential whole loan transaction management, Horning looks forward to making an immediate impact on Mission’s mortgage services and loan trading business. “Mission’s collaborative culture and stellar reputation are initially what attracted me to this position,” said Horning. “I am thrilled to join Mission Capital and Mission Global, and be a part of the team.”
Prior to joining Mission Capital Advisors, Horning served as a vice president with Morgan Stanley, handling contract finance duties and conduit implementation for the firm’s residential mortgage trading desk. Horning worked previously in similar capacities as an associate director with Five Mile Capital Partners and a director with UBS. In addition, Horning served as a vice president with American Mortgage Consultants, managing multiple due diligence processes for both seasoned loans and new origination/conduit residential loan platforms. He started his career at Lehman Brothers working in residential mortgage servicing and operations.
Horning holds a Bachelor of Arts in Business and Economics from Muhlenberg College.
About Mission Global, LLC
Mission Global, LLC has been formed to unite the capabilities of Mission Capital mortgage services business with the extensive due diligence services and experience of Global Financial Review, to create a single source solution for investors. Mission Global services will now include data integrity review,
collateral document review and cure, curative title work, agency delivery and trade support, due diligence and securitization support, regulatory compliance, origination support, re-‐underwriting, and forensic reviews. For more information, visit www.missionglobal.com.
About Mission Capital Advisors
Founded in 2002, Mission Capital Advisors, LLC is a leading national, diversified real estate capital markets solutions firm with offices in New York City, Florida, Texas, California and Mobile, Al. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across commercial and residential loan sales; debt, mezzanine and JV equity placement; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $65 billion of loan sale and financing transactions, as well as in excess of $14 billion of Fannie Mae and Freddie Mac transactions, positioning the firm strongly to provide unmatched loan portfolio valuation services for both commercial and residential assets. Mission Capital’s seasoned team of industry-‐leading professionals is committed to achieving clients’ business objectives while maintaining the highest levels of integrity and trust. For more information,
visit www.www.missioncap.com.