CoreVest American Finance Lender, LLC (“CoreVest”), a leading lender to residential real estate investors nationwide and a division of Redwood Trust, Inc. (“Redwood”), is pleased to announce the promotion of Fred Matera to Chief Executive Officer. A tenured leader at Redwood, Fred has served as CoreVest’s Co-Head for the last year and has been an integral part of Redwood’s leadership team since 2019. In his new role, Fred will continue to report to Dash Robinson, Redwood’s President.
As Chief Executive Officer of CoreVest, Fred will be responsible for overseeing all aspects of CoreVest’s operating strategy, including product growth and distribution. His focus will also include driving innovation and expanding distribution channels, ensuring that CoreVest remains committed to delivering exceptional value to its customers and stakeholders.
Fred has demonstrated extensive leadership in managing both operating and investment platforms, most recently as Chief Investment Officer of Redwood in addition to his role as Co-Head of CoreVest. During this time, he has expanded CoreVest’s operating footprint, driving forward strategies that have significantly enhanced the platform’s market position. Fred boasts over 30 years of experience in residential lending and fixed income markets, including the last six with Redwood where he also spent time leading Redwood’s Residential Consumer Mortgage Banking platform.
“I am pleased to announce the promotion of Fred Matera to Chief Executive Officer of CoreVest,” said Christopher Abate, Chief Executive Officer of Redwood. “Fred’s proven track record and market expertise will be instrumental as CoreVest enters a new stage of growth. With the market demanding more of CoreVest’s products and services, the business is poised to scale under Fred’s leadership.”
“I am honored to take on this role and lead such a talented team,” said Fred Matera. “I look forward to building on our successes and exploring new opportunities that will support our borrowers and propel CoreVest forward.”