Peter T. Paul is president of Paul Financial, LLC, a mortgage banking company he founded in 2003. In addition, he is the owner and chairman of Peter Paul Wines based in Healdsburg, California, and is president of West Biofuels, a research development venture working on thermo chemical conversion of agricultural and urban residue (biomass) to biofuel and biopower. He is also chairman of the board of The Headlands Foundation, a nonprofit organization he founded in 1995.
Prior to the formation of Paul Financial, Paul was president of Headlands Mortgage Company. Headlands Mortgage Company was based in Larkspur, California, and founded by Paul in 1986. It became one of the premier wholesale lending institutions in the country, specializing in originating, selling, securitizing and servicing residential mortgage loan products. After leading Headlands through a successful IPO (NASD ~ HDLD) in February of 1998, Paul subsequently negotiated the merger with GreenPoint Financial the following year.
Paul became vice chairman of GreenPoint Financial (NYSE ~ GPT) and president and CEO of GreenPoint Mortgage after the merger was completed in March 1999. In January 2000, Paul became the president and CEO of GreenPoint Credit, a leading mortgage lender in the manufactured housing industry, where he helped to restructure the company. Ultimately, he resigned from the Board of Directors at GreenPoint in order to open Paul Financial LLC in July 2003.
With more than 35 years of experience in mortgage banking and financial services, Paul served from 1998 to 2004 on the Board of Directors of Federal Agricultural Mortgage Corp. (NYSE ~ AGM) and Sequoia National Bank from 2001 to 2005 (SQNB.OB). He currently serves on the Board of Directors of JMP Securities (NYSE ~ JMP).
In 1967, he earned a bachelor’s degree in business administration from the University of New Hampshire. He earned an MBA from Boston University in 1971. He was raised in Troy, New Hampshire, as the eldest son of Dr. Samuel E. Paul, who practiced in Troy for 29 years, from 1940-1969.
In 1995, Paul founded the Headlands Foundation, a nonprofit organization that focuses on supporting local organizations and worthwhile causes that make life better for children and their families. The foundation has given away over $4 Million dollars to such organizations, primarily in the Northern Bay communities of California, and more recently, to various community-based organizations in the seacoast region of New Hampshire. He has also generously supported educational programs at University of New Hampshire, Boston University and the public school systems in Marin County, California.
Paul is a recipient of the Ernst and Young 1999 Financial Services Entrepreneur of the Year award. He received an alumni award for distinguished service from The Graduate School of Management at Boston University in May 2003 and the first annual Achievement in Business Award from the Whittemore School of Business and Economics at University of New Hampshire in April of 2008.
Paul currently serves on the Board of Directors of the UNH Foundation and
is a trustee of Boston University. He resides in Larkspur, California, and
Portsmouth, New Hampshire, with his partner Jude Blake, ’77. His daughter,
Jessica Paul, resides in Lakeview, Oregon.
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