Prudential Mortgage Capital Taps Paige Warren to Head FHA Division

Paige Warren has been named to lead Prudential Huntoon Paige, the Federal Housing Administration (FHA) lending business arm of Prudential Mortgage Capital Company. Warren also heads Prudential’s affordable housing business. Warren, a managing director who has been with Prudential since 2003 and is president of its Prudential Affordable Mortgage Company, will replace the departing Marie Head, who has been appointed by the Obama Administration to serve as deputy assistant secretary of multifamily housing for the U.S. Department of Housing & Urban Development (HUD). “Paige’s exceptional experience and leadership in the multifamily industry make her the perfect successor as we seek to expand Prudential Huntoon Paige’s strong track record,” said David Twardock, president of Prudential Mortgage Capital. “And we are proud that the entire industry will have an opportunity to benefit from Marie’s leadership in her important new role at HUD.” For the past seven years, Warren has led and expanded Prudential’s affordable housing lending business while strengthening its relationship with Fannie Mae and beginning a relationship with Freddie Mac. Under her leadership, Freddie Mac appointed Prudential Mortgage Capital as one of its first nationally designated Targeted Affordable Lenders. Before joining Prudential, Warren served as deputy director for debt restructuring for HUD’s mark-to-market program. Earlier, she was a vice president at Applied Real Estate Analysis Inc., worked as a development associate at Security Capital Group and was a senior associate with Robert Charles Lesser & Company.