#United States #Tampa #mortgage industry #The Fay Group #Jason Biegel

Jason Biegel Joins The Fay Group as President of Capital Markets Group

The Fay Group has officially welcomed Jason Biegel as the President of its Capital Markets Group, a move that reflects the company's commitment to innovative growth in the mortgage and real estate sectors. With an impressive background spanning over three decades in structured finance and residential mortgages, Biegel is set to steer several key initiatives aimed at bolstering The Fay Group's capital markets capabilities.

Extensive Experience in Mortgage and Finance

Biegel's career is marked by significant achievements in the residential mortgage and financial services industries. Before joining The Fay Group, he spent 17 years at Bear Stearns, where he led a trading desk focused on distressed residential mortgages. This experience provided him with a deep understanding of the complexities involved in mortgage origination and investment strategies.

Subsequent to his tenure at Bear Stearns, Biegel took on leadership roles at Lone Star Funds and Angelo Gordon, where he was instrumental in U.S. distressed mortgage initiatives and the management of re-performing loans. More recently, as President of Change Lending LLC, he played a crucial role in expanding the firm's growth and implementing structured finance initiatives.

A Vision for The Fay Group

In his new position, Biegel will oversee critical functions including whole loan trading, mortgage servicing rights (MSR) investments, and enhancing the overall capabilities of The Fay Group's capital markets. He is particularly focused on raising capital to facilitate the company’s ambitious growth objectives, which aim to strengthen its position within the highly competitive residential mortgage industry.

Ed Fay, CEO of The Fay Group, expressed enthusiasm about Biegel’s appointment, stating, "Jason's extensive knowledge of structured finance combined with his proven leadership track record makes him a perfect fit for The Fay Group. We are excited to have him aboard and look forward to his invaluable contributions as we continue to grow and innovate in the residential mortgage landscape."

Embracing Innovation

Biegel himself shares this enthusiasm, noting, "I am delighted to join The Fay Group at such an exciting time in its journey. The organization’s commitment to innovation, coupled with strong leadership and a focused vision, presents a unique opportunity to create significant value for investors and stakeholders. I am eager to work with the talented team here to further develop The Fay Group's successes."

About The Fay Group

The Fay Group, based in Tampa, Florida, operates as a family of companies dedicated to providing a wide array of products, services, and innovative strategies within the mortgage and real estate sectors. Founded by industry leader Ed Fay, the company has built a solid reputation grounded in integrity and excellence, continually striving to meet the evolving requirements of homeowners, investors, and partners.

As Biegel steps into his new role, The Fay Group looks poised for increased growth and development within the mortgage industry, promising exciting prospects for the company's future endeavors.