NEWARK, NJ—Prudential Mortgage Capital Company has announced organizational changes to strengthen its operational infrastructure as the company seeks to expand within an increasingly competitive market. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial.

Paige Warren has stepped into the newly created role of chief operating officer from her current position as head of affordable housing finance, and Prudential Huntoon Paige, the firm's FHA lending business. Hal Collett, president of the company's servicing business, Prudential Asset Resources, has been named president of Huntoon Paige; and Wells Fargo veteran Tim Seward joins the company as president of Prudential Asset Resources, PMCC's asset management and servicing group.

“These important organizational changes will increase our ability to identify and successfully pursue new opportunities, while helping us to increase our focus on risk management and manage regulatory requirements,” says David Durning, CEO of Prudential Mortgage Capital Company. “These changes will help to create a strong strategic and operational infrastructure, while also deepening the experience of our company's leaders and our overall talent pool.”