Robert L. Labbé, Founder and President
MorCap Fund Advisors, LLC
Prior to MorCap, Mr. Labbé was Co-Founder, General Counsel and Managing Director of Lenders Direct Capital (2003 - 2007) and its affiliate Lenders Republic Financial, nationwide mortgage bankers with cumulative loan production of several billion dollars. Mr. Labbé was also Co-Founder and Partner, Mazda Butler LLP (2003 – 2007) an Irvine, California commercial law firm along with Mark N. Mazda (JD, Columbia) and Mark Butler (JD, University of Michigan).
Mr. Labbé was Co-Founder and Senior Executive of OMC Solutions/Online Merchants (1999 - 2002) and Co-Founder, President and Chairman of First Allegiance Financial, a national specialty finance company (1996) acquired by national bank City Holding Company (CHCO) in 1997, with whom he held senior management positions and was a bank officer through 1998.
Mr. Labbé was lead attorney for nationwide brand name lender DiTech (1995) from inception of the Company through its expansion to forty three (43) states. DiTech revolutionized mortgage lending in the United States with billboard and direct to consumer television advertising and was later acquired by GMAC (1999) for over $200 million.
Mr. Labbé practiced law as an attorney with one of Canada’s leading national law firms, Martineau Walker for five (5) years, representing clients such as Royal Trust Company, Pepsi Cola (Canada), Olivetti (Canada) and World Wildlife Fund. Mr. Labbé served on the firm’s Canada – US Trade Law Committee and was sponsored by the firm to write the New York Bar examination in 1987.
Mr. Labbé holds law degrees from McGill University (Montreal, Canada): BCL (1982), LL.B (1983); and was Valedictorian (Summa Cum Laude) St. Lawrence College (Canada); Admitted in Quebec, Canada 1984; New York 1987; California 1990; Licensed Broker with California Dept. of Real Estate.
Jennifer Page–Pena, Director of Operations
Mrs. Page-Pena manages and oversees the entire process of closing the acquisition of bulk pools, including initial evaluation of assets, asset inspections, valuations, title matters, property preservation services, compliance with vacant property registration (VPR) laws and ordinances, HOA interface, tax service management, REO disposition services, agent appointment and the management of property held for sale or rent.
Prior to joining MorCap in September 2008, Mrs. Page-Pena worked for over seventeen (17) years in underwriting, management and senior executive positions with a variety of nationwide residential lenders, including Lenders Direct Capital, Lenders Republic, DiTech, City Mortgages Services, a division of City Holding Company, Capital Direct Funding and Imperial Credit Industries. Ms. Page-Pena has worked in senior management positions for the past twelve (12) years with Robert L. Labbé. Mrs. Page-Pena’s most recent senior management position for a nationwide lender was as Chief Operating Officer of Lenders Direct Capital, a nationwide mortgage bank funding over $1 Billion in residential mortgage loans per annum with over 300 employees. From August 2003 through September 2007 Mrs. Page-Pena managed all nationwide wholesale and retail mortgage lending operations for Lenders Direct, including risk management, underwriting, quality control, loss mitigation and training. She also developed and implemented policies and procedures for operations and served as a member of the Risk Management/Credit Committee with underwriting exception authority.
Craig M. Neil, Chief of Technology
Craig M. Neil is CEO of Newport SEO and is Chief of Technology for MorCap as of Jan 1, 2009. Craig was CTO of MorCap from October 2007 through December 2008. Craig's team at Newport SEO is responsible for maintaining MorCap’s state of the art proprietary software and technology and oversees database management, analytics and website design.
Prior to joining MorCap Mr. Neil worked as Senior Contract Programmer for The William Lyon Company (Duxford Financial), one of the nation’s premier builders, where he developed custom software, server configuration, database management, data encryption, website, web design and Internet security services. From January 2003 - February 2007 Mr. Neil was Senior Programmer for Lenders Direct Capital Corporation where he developed the Loan Origination System (LOS), compliance regulation software and document processing solutions for over $100 Million per month of mortgage loan production in forty (40) states. He managed over 300 system users and was directly involved with management in providing custom software solutions for new products, regulatory requirements, streamline workflow and reduction of manual processes through custom software automation, optimizing the bottom line.
In 2004, Mr. Neil founded and served as President and CTO for Realatek, Inc., a provider of web based solutions to Real Estate Agents. He developed Real Estate portals for agents to debut properties, offered MLS feeds, contact management, and marketing solutions.
In 2001, Mr. Neil co-founded and served as President for Best Leads Ever, LLC. Mr. Neil developed a network of lead generating web sites to provide marketing solutions for the mortgage industry. Development included data management solutions, sales & marketing, and statistical data reporting solutions.
