First Residential Funding is a privately held mortgage corporation, serving mortgage brokers, builders, and financial institutions across the Country.
First Residential Funding is the exclusive provider of
EagleVision loans, and is committed to helping families achieve thier dream of home ownership.
Management Team
Michael A. Chapin, Mr. Chapin has a broad background in public and private finance. He developed affordable housing financing structures utilizing tax-exempt bonds. His public finance experience includes the issuance and administration of over $1 Billion of municipal debt. His expertise is related to the intricacies of public finance including special district formation and administration, municipal bond issuance, and tax-exempt bond financings. Mr. Chapin is also a partner of UrbanVision Development, a residential development company that specializes in both developing manufactured home communities and redeveloping existing blighted mobile home parks. Mr. Chapin is responsible for the operational managment of First Residential Funding.
Titus T. Dare, has been in the mortgage banking business since 1982. He has served in several middle and upper level management capacities in the retail and wholesale mortgage banking business. Mr. Dare has owned and managed his own mortgage banking and real estate consulting company for over twelve years. During that time Mr. Dare has worked with Fannie Mae, Freddie Mac, Centex (MH Division-CTX), First Bank Mortgage, First Horizon Home Loan Corporation, First Residential Mortgage, Pinnacle Financial, Champion Enterprises and Fleetwood Homes on their manufactured housing fee simple, leasehold estate, chattel lending and HUD Section 8 loan programs. Mr. Dare is responsible for the Marketing, Sales, and Product Development for First Residential Funding.
Ronald D. Struck, formed the first publicly registered mortgage conduit firm in the nation, ultimately acquired by a major Wall Street firm, and a second one for a $30 billion S&L, ultimately acquired by GMAC. He has served as the start-up manager for NASD broker/dealers that specialize in servicing the real estate sector and real estate investment banking functions. Mr. Struck played a key role in organizing Merrill Lynch’s mortgage capital markets division and was the architect of their "builder bond" program and "collateralized mortgage obligation" concepts. He established and managed the Federal Home Loan Mortgage Corporation’s capital markets function, and was instrumental in the creation of marketable mortgage programs. He managed Freddie Mac’s MBS portfolio, MBS and secondary trading, institutional sales, and Wall Street corporate finance activities. Mr. Struck is responsible for the secondary market activities and capital markets division for First Residential Funding.