Wingspan Portfolio Advisors has named Brad Young to the newly created post of vice president of business development. In his new role, Young will be responsible for building new specialty servicing relationships with primary servicers, banks, investment banks, public-equity firms, hedge funds and other mortgage industry investors nationwide.
Young joins Wingspan from Castle Peak Capital Advisors, a firm specializing bulk acquisitions of distressed and seasoned residential whole loans and mortgage-backed securities, where he was a partner. Prior to that role, he spent 10 years with GMAC Residential Funding Corp. (RFC), becoming director of business development in GMAC/RFC's Principal Investment Activities group.
SOURCE: Wingspan Portfolio Advisors