Investment bank Houlihan Lokey has added a director with ample experience in mortgage banking deals to its financial institutions group.

Matthew Monahan will specialize in mortgage companies, real estate investment trusts and depository institutions, according to Houlihan's Wednesday press release. He had a similar focus in his previous role as a director at Deutsche Bank's financial institutions group. Before joining Deutsche Bank, he was a senior vice president in Lehman Brothers' structured assets solutions group.

Monahan has been involved in a number of major mortgage banking and specialty business deals over the course of his 20 years in the industry, including the sale of MetLife Bank’s mortgage servicing business to JPMorgan Chase (JPM) and the sale of its deposit and warehouse lending businesses to GE Capital Retail Bank and EverBank. He also worked on the sale of Aurora Loan Servicing to Nationstar Mortgage and the Federal Deposit Insurance Corp.'s closure and subsequent sale of IndyMac Federal Bank to OneWest Bank.

Houlihan specializes in mergers and acquisitions, capital markets, financial restructuring and valuation. Last year, the firm more than tripled the size of its financial services group with the purchase of Milestone Advisors, an M&A advisory group based in Washington, D.C.

He joins Houlihan "at a very exciting time with respect to our financial services advisory activity," Eugene Weil, co-head of the Houlihan financial institutions group, said in the release. "Our team completed twice as many transactions in 2013 as in the previous year and remains a leader in the specialty finance and mortgage banking sectors."

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