NEW YORK, NY—July 21, 2020—LoanStreet Inc. the first fully integrated platform that streamlines the process of sharing, managing and originating loans appoints three capital markets veterans to support the Company's growth and product development: Eric Marcus, Managing Director and Head of Trading; Joe Dunham, Director of Sales; and Matt Rudzinski, Director of Sales and Trading. As part of this team expansion, Byron Holmes is also promoted to Head of Sales and Business Development, reporting to Loan Street CEO Ian Lampl.
“We are enhancing our Company's offerings across loan participations, comprehensive commercial lending solutions, and analytics at precisely a time when many credit unions and other lending institutions are looking for bold ways to better utilize software and improve businesses processes," said Lampl. “Given the increasing number of registered institutions on LoanStreet’s platform and the depth of liquidity we now offer across such a large network via our technology, the expertise these professionals bring will further differentiate our solutions to enable lenders to become stronger institutions and in turn best-serve their members.”
Eric Marcus joins as Managing Director and Head of Trading. Eric brings more than 25 years of fixed-income capital markets experience most recently as Director of Guggenheim Partners where he was responsible for trading, risk management and analysis of loans, MBS and ABS across a number of fixed-income portfolios. Previously he served as Executive Director at UBS, Principal at Banc of America Securities, Vice President at PaineWebber, and Vice President at Goldman Sachs.
Joe Dunham joins as a Director of Business Development, based in Los Angeles, and will focus on covering West Coast credit unions. Joe brings more than 20 years of experience in fixed-income most recently as an Investment Advisor at Alloya Corporate Federal Credit Union, where he focused on both bond and loan trading. Previously he was Managing Director and Head of Regional Dealer Sales for Amherst Pierpont Securities. Prior to that, Joe was Vice President and Head of Regional Dealer Sales for Bank of New York Mellon and Vice President at Bank of America.
Matt Rudzinski joins as a Director of Sales and Trading to partner with clients looking to implement our technology into their workflows as well as in creating, evaluating, pricing and distributing asset pools. Most recently Matt was part of the loan trading desk at Alliant Credit Union where he managed credit union relationships and undertook loan participation pricing and reporting. Previously he was a mortgage underwriter at J.P. Morgan Chase & Co. Matt is a CFA Charterholder.
About LoanStreet Inc.
LoanStreet is the first fully-integrated, online platform that streamlines the process of sharing, managing, and originating loans for credit unions, banks, and alternative lenders. LoanStreet was founded in 2013 with the mission to create a more efficient, transparent, and robust way of administrating loans and connecting the lending market. LoanStreet’s nationwide network of hundreds of financial institutions gives lenders the ability to profit and grow by combining technology and dedicated expertise to mitigate the constraints otherwise caused by geography, size, or concentration limits. Over 750 financial institutions now use LoanStreet’s software solution to successfully do business with each other and maximize the potential of their respective organizations. LoanStreet was co-founded by Ian Lampl, former Deputy Chief Counsel for TARP, following the financial crisis to meet the acute need he saw for a standardized and automated loan sharing platform.