John Toohig

Managing Director

John Toohig is a managing director at Raymond James, a board member and president of Raymond James Mortgage Company, Inc., and head of the Whole Loan Trading Group.

John joined Raymond James (formerly Morgan Keegan) in September of 2006. As manager of the Whole Loan Trading Group, John’s primary responsibilities include day-to-day trading of whole loan packages, portfolio analysis, transaction management and the structuring of whole loans and various structured products. John’s product focus encompasses both seasoned and new production: residential mortgages (both QM and non-QM), commercial mortgages, consumer lending, fintech lending, scratch and dent loans, and nonperforming assets. Prior to joining the Whole Loan group at Raymond James, John was a part of the firm’s taxable banking platform, where he was responsible for corporate debt transactions, trust preferred securities, sale-leaseback transactions and ABS transactions.

Beyond his daily trading responsibilities, John is a regular speaker and content creator for various lending-related conferences and publications. He has presented at most of the major lending conferences, including MBA National Secondary, SFIG Vegas / ABS West, CUNA Lending and more. His commentary has also been featured in publications such as The Wall Street Journal, Forbes, HousingWire and DebtWire.

In 2020, John contributed a chapter to “The CECL Handbook: A Practitioner’s Guide” entitled “Data Collision: Efficient Lending Under CECL,” which dives deep into the impact of the new accounting regulation’s impact on lending. John has created an active following on LinkedIn with regular posts and articles surrounding community lending, providing both lenders and investors with timely commentary on trends in the primary and secondary loan markets. In addition, he showcases new lending products, technology and credit tools as the market constantly evolves.

Mr. Toohig received his undergraduate degree from Houghton College and his MBA from the University of Mississippi with a focus in finance and information technology. John has his Series 7, 24 and 63 licenses.

His community involvement includes currently serving as a member of the board of trustees for St. Agnes Academy / St. Dominic School. He is also a former chairman for both the Lafayette County and DeSoto County American Cancer Society Relay for Life events and the former president of the Ole Miss MBA Alumni Board.

John resides in Memphis, Tennessee, with his wife, Sha, and his two daughters, Helen Grace and Cressey, while he works in Raymond James’ east Memphis branch.

Raymond James is not affiliated with the above organizations.