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Richard Hebl, Vice President of Servicing and Operations 
 

As Vice President of Servicing and Operations, Hebl directs all aspects of loan servicing and master servicing activities for CRF’s securitizations and other loan sales. Prior to joining CRF’s staff in 2000, Hebl had more than 25 years of experience in the mortgage banking industry. He served as Senior Vice President, Loan Administration for Knutson Mortgage Corporation. In that role, Hebl was responsible for a portfolio as large as 130,000 loans aggregating $10 billion. He also oversaw a staff of 150 people in 15 specialized departments. Previously he served as First Vice President, Cash Control responsible for supervising a staff of 30 and managing 500 institutional relationships. Other experience includes Vice President, Systems Development at Knutson Mortgage and Vice President, Information Systems and Corporate Accounting at Meritor Mortgage Corporation. A C.P.A., Hebl began his career as an Audit Manager with Peat, Marwick, Mitchell & Co.