Blue Water Financial Technologies (BWFT) announced it has added to its growing executive team and hired Travis LaMar as Managing Director, Head of Capital Markets.
As Managing Director, LaMar joins a strong data science and analytics team and brings 20 years of experience in mortgage secondary and capital markets to BWFT. LaMar will work out of BWFT’s headquarters in Minneapolis where he will focus on MSR brokerage, structuring solutions for MSR, and hedging solutions.
Prior to joining Blue Water, LaMar ran Mortgage Secondary Markets for Bank of Oklahoma following his role as a Managing Director at Incenter, where he was responsible for all aspects of pricing, hedging and loan, MBS and MSR sales. Earlier in his career, LaMar held Senior Trading roles at US Bank and GMAC-RFC, where he hedged a large MSR portfolio and ran a non-agency ARM desk, respectively.
“I’m thrilled at the opportunity to join Blue Water, as it is a homecoming on two fronts; a return to Minnesota and the chance to be reunited with Al and a core group of individuals with whom I have worked over a number of years,” LaMar said. “At Blue Water, we are committed to capital markets and technology innovation and with my years of secondary marketing and mortgage servicing experience, I’m confident I can help deliver better outcomes, deeper insights and greater efficiencies to our customers as we expand our capital markets capabilities,” he added.
LaMar graduated from the University of Minnesota Carlson School of Management where he double majored and obtained bachelor’s degrees in Finance and Accounting.
“Travis has much of the same founding DNA in his past experience as well as a familiar approach to tackling many of the issues our clients rely heavily on us to solve for them day in and day out. I’m delighted to have Travis on board. His experience as an MSR hedger, deep knowledge of Secondary Mortgage Markets and keen desire to solve for and deliver the best client outcomes set him apart,” said Al Qureshi, Managing Partner at BWFT.
BWFT is a provider of asset valuation, MSR distribution, MSR hedging and electronic solutions to mortgage lenders. Its mission is to offer extensive modeling capabilities and tighter attribution through conservative risk management and intense regulatory insight.