Phoenix Capital Family of Companies: Mortgage Servicing Rights Specialists

Experts in valuing, advising, closing and providing operational support for all types of mortgage asset transactions.

Richard Barnes

Richard Barnes, Chief Executive Officer of Phoenix Capital, Inc. and Phoenix Analytic Services, Inc., has nearly 25 years of experience in mortgage banking with over 15 years of experience in mortgage servicing brokerage. Rick co-founded both Phoenix Capital, Inc. and Phoenix Analytic Services, Inc. and remains active guiding both firms. In addition to brokering hundreds of servicing transactions, Rick is credited with conceptualizing the forward bulk servicing transfer mechanism. This structured transaction has become one of three industry standards that effectuate the sale and transfer of mortgage servicing rights (MSR). Prior to co-founding Phoenix Capital, Inc., Rick entered the servicing brokerage industry with Lincoln Financial after gaining experience in warehouse lending and secondary marketing with Security Pacific Mortgage Corporation. Rick then spent six years with United Financial, Inc. Rick holds a B.S. in Finance from the University of Wyoming.