Prudential Mortgage Capital Company Hires Michael McRoberts to Head Fannie Mae and Freddie Mac Lending Businesses
- Oct 20, 2011
NEWARK, N.J.—Michael McRoberts has agreed to join Prudential Mortgage Capital Company as managing director of its conventional Fannie Mae and Freddie Mac lending business, the company announced. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial, Inc.
McRoberts will be responsible for growing and enhancing Prudential’s leadership position in multifamily lending as head of the company’s market rate Fannie Mae and Freddie Mac portfolio teams and agency production team. His appointment is effective Dec. 5, 2011.
McRoberts, who will be based in the company’s McLean, Va. office, joins Prudential Mortgage Capital Company from Freddie Mac, where he was a vice president and national head of sales and production, responsible for the agency’s conventional multifamily business, structured transactions and senior’s housing teams, the national Freddie Mac Program Plus network and Freddie’s four regional production offices. Earlier, he was national head of underwriting and credit and managing director of Freddie Mac’s southeast region.