Mortgage Assistance Center Corporation has appointed Dennis Downey as its new executive vice president and COO.

Mr Downey brings over 22 years of commercial real estate financing and investment experience to the company. As founder and chairman of Downey Capital Corporation, he handled the marketing, structuring and closing of commercial real estate financing transactions using a broad range of funding programs.

Ron Johnson, president and CEO of Mortgage Assistance Center Corporation, said: We are extremely fortunate to have a person of Dennis’ skill and experience join our team. His proven track record in strategic planning and business management will be a complement to the exceptional personal service we offer our clients. I can’t think of a more capable individual to enhance our position in this market.