David A. Akre is Vice-Chairman of our Board of Directors and is our Co-Chief Executive Officer, a position he has held since our formation in 2003. Prior to co-founding our company, Mr. Akre served as Vice President in Capital Markets at Thornburg Mortgage Corporation, a publicly traded residential mortgage REIT, from 1997 to 2003. From 1995 to 1997, Mr. Akre traded whole loans at Principal Asset Markets, a subsidiary of Principal Life. From 1988 to 1995, Mr. Akre was employed by GE Capital Mortgage Corporation in variety of positions including responsibility for mortgage pipeline hedging, bidding bulk fixed-rate loan pools, securitization of specific mortgage portfolios for public pension funds, and brokering loans between mortgage insurance clients. From 1985 to 1988, Mr. Akre worked in institutional taxable fixed income sales for Security Pacific Merchant Bank in New York, and prior to that, Mr. Akre worked in mortgage origination for two years at mortgage banking companies in New York. Mr. Akre received a B.S. from the United States Merchant Marine Academy, Kings Point, NY in 1980. He is currently a member of the Economic Club of New York. |