R. Davis Howe, CFA – Managing Director
Dave has been in the investment banking industry for over 25 years focusing on the structured finance market. Early in his career, Dave structured and closed the first floating rate CMO. Other innovations included pricing the first CMO issued by a thrift, placing the first private REMIC, and structuring the first defeasance of a municipal bond with GNMAs. Dave was the youngest Managing Director since the inception of Morgan Keegan, running the firm’s Mortgage Finance Group before leaving for FTN Financial in 2000. At FTN, Dave was one of the founding members of the PreTSL team where he developed the models and structures that became the standards for the pooled trust preferred industry. In addition to his work on the quantitative side of the business, Dave was the primary investment banking contact with hundreds of pooled trust preferred investors throughout the U. S. and abroad.