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Marie Head Rejoins Prudential Mortgage Capital Company’s FHA Lending Business

Stocks in this article: PRU

Marie Head has rejoined Prudential Mortgage Capital Company as a principal for its FHA lending business, Prudential Huntoon Paige Associates, LTD, the company announced today. Head, who left Prudential in 2011 to serve as deputy assistant secretary for multifamily housing programs for the U.S. Department of Housing and Urban Development, will be responsible for originating new FHA loans across the United States. Prudential Mortgage Capital is the commercial mortgage lending business of Prudential Financial Inc. (NYSE: PRU).

“Marie’s extensive experience in, and considerable knowledge of the FHA lending business, along with her familiarity with Prudential Mortgage Capital Company and Prudential Huntoon Paige, once again make her a valuable addition to our team,” said Paige Warren, managing director and head of Prudential Huntoon Paige. “We are proud to have her back with us and look forward to her contributions toward helping us expand our multifamily FHA portfolio.” Added David Durning, CEO of Prudential Mortgage Capital Company, “To have Marie rejoin us at a time when the business is growing exponentially across platforms helps ensure that growth will continue along with the excellent service our clients have come to expect. We welcome Marie back to Prudential and look forward to her contributions.”

In her most recent position, Head served as the special government employee advisor to the FHA Commissioner, managing the multifamily transformation project. She originally joined Prudential Mortgage Capital Company in 2000 through Prudential’s acquisition of WMF Huntoon Paige Associates, where she served as a senior vice president, FHA production in the southern United States.

She was named president and CEO of Prudential Huntoon Paige Associates in 2004 serving through 2011 when she joined HUD.

Prior to joining Prudential, she spent 20 years in various positions within the U.S. Department of Housing and Urban Development, including as HUD’s multifamily production chief in the Atlanta office. In addition, she has played a important leadership role in the FHA lending industry throughout her career. Marie will be located in Prudential Mortgage Capital Company’s Atlanta office.

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