NEW YORK, NY — CPC Mortgage Company LLC’s Timothy Deegan has been promoted to vice president and head of agency production. In his new role, Deegan will oversee production across the company’s FHA, Freddie Mac, and Fannie Mae lending platforms, and will work with originations staff and borrowers to provide technical assistance and ensure deal execution.
CPC Mortgage Company LLC is a subsidiary of The Community Preservation Corporation (CPC), a leading nonprofit multifamily finance company. Prior to joining CPC in January 2018 as VP of FHA Lending & Originations, Deegan was the senior director of Operations and Capital Markets at Cosmopolitan Capital Funding LLC where he oversaw the company’s NYC operations and specialized in structuring and analyzing complex capital transactions of all asset classes. Deegan also served as director of Capital Markets at Llenrock Group LLC.