LERETA Names Patrick Hedges Senior Operations Manager – NMP Skip to main content

LERETA Names Patrick Hedges Senior Operations Manager

Nov 07, 2018
LERETA has announced the appointment of P.A. (Paul) Larkins, a 35-year banking and financial services executive, as its chairman

LERETA has named Patrick Hedges Senior Operations Manager, where he will lead a team that builds and maintains strong relationships with tax collection agencies to drive an understanding of their requirements and develops automated transfer methods for escrow tax amount and tax delinquency status.
LERETA has named Patrick Hedges Senior Operations Manager
 
Hedges comes to LERETA with more than 25 years of operational management expertise. He has spent his career developing best practices and innovative approaches to designing, implementing and executing successful business processes that deliver customer value, operational effectiveness and financial returns.
 
Most recently, Hedges led the business operations efforts for the 6,000-person Enterprise Shared Services (ESS) organization at Bank of America. While there, he introduced the Business Ops Hub, an online portal for information sharing and collaboration that provided a centralized data store and decision tool to organizational executives.
 
“Pat’s fine-tuned ability to develop and deliver resourceful business practices catered to the needs of a specific organization will translate into focused progress toward our strategic goals,” said John Walsh, Chief Executive Officer of LERETA. “We are excited to welcome him and look forward to driving performance and process improvement together as LERETA continues to grow.”
 
Prior to joining LERETA and Bank of America, Hedges had leadership positions focused on risk management and operational excellence at numerous organizations, including Countrywide Financial, Balboa Insurance Group, On Assignment and Pinkerton’s Inc.

 
About the author
Published
Nov 07, 2018
CHLA: More Freddie Mac MBS Buying Could Narrow Mortgage Spreads

Trade group estimates greater Freddie participation could compress spreads another 10 to 12 basis points as Fannie has taken the lead in GSE mortgage-bond buying

Sep 23, 2026
Early Loan-Limit Race Splits Into Three Tiers

Lenders are now offering $845,000, $847,440, or $850,000 before FHFA sets the official 2027 limits

Sep 23, 2026
Better, Garg Clash Over Claimed 46% Shareholder Support

Better disputes its former CEO’s preliminary consent count as the two sides trade accusations and an Oct. 2 target date approaches

Sep 23, 2026
Fannie Changes How Rent From A Former Home Counts

Fannie now prohibits leases for departing residences and permits market-analysis tools instead of Form 1007, creating a key documentation difference from Freddie Mac

MPF Expands Eligibility For Manufactured And Renovation Loans

The Mortgage Partnership Finance Program has expanded MPF Traditional eligibility for affordable loans, manufactured homes, renovations, and lender-funded assistance

Sep 22, 2026