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Birmingham-Baker, Donelson, Bearman, Caldwell & Berkowitz has added Joan M. Budd to its real estate department.

Ms. Budd joins the firm as shareholder and will practice from its Birmingham office.

Prior to joining Baker Donelson, she was senior counsel for Target Corp., where she was involved in the acquisition of new store sites as well as assisting in real estate matters related to existing store sites.


Santa Ana-First American Title Insurance Co. named Richard A. Kersenbrock vice president and manager for Los Angeles County.

Mr. Kersenbrock joined Hawaii-based First American Long & Melone Title Co. as vice president and general counsel in 1998, and later went on to hold a number of positions in California.

In 2000, he was named vice president and regional counsel for First American Title Co. of Los Angeles, and then transferred to the company's operations in Ventura County where he served as vice president, regional counsel and chief operating officer for a year before being promoted to Ventura County manager.

San Francisco-Sideman & Bancroft LLP has added real estate attorneys James R. Janz and Susan T. Taylor as partners in the business and real estate transactions practice.

A 28-year legal veteran concentrating in real property transactions and land use issues, Mr. Janz has experience in property acquisitions and dispositions, procurement of entitlements, development, construction contracts and leasing.

Previously with Tomlinson Zisko LLP in Palo Alto, Calif., he is also a licensed civil engineer and city planner.

Ms. Taylor focuses on real estate transactions and has represented clients in a wide variety of commercial real estate matters, including acquisitions and dispositions, leasing, property management and financing transactions.

Prior to joining Sideman, she was managing counsel for Equity Office Properties and also was a partner at Preston Gates & Ellis.

Santa Ana-The First American Corp. said that Michael A. Rasic has been named vice president, director of SEC reporting; David L. Ruhm, chief actuary; and Mark E. Seaton, director of investor relations.

Before accepting his new position with First American, Mr. Rasic worked as chief financial officer of Metrocities Mortgage in Los Angeles and as a partner at PricewaterhouseCoopers in Los Angeles from 1998 and 2006.

Prior to joining First American, Mr. Ruhm served as assistant vice president for eight years at The Hartford Financial Services Group in Hartford, Conn., as an actuary for American International Group in New York, and as associate actuary for Universal Underwriters Group in Overland Park, Kan.

Prior to his work with First American, Mr. Seaton served as an associate at BancBoston Capital from 2001 to 2004, as an associate at the New York office of Goldman Sachs in 2005, and as an analyst with Robertson Stephens in San Francisco from 1999 to 2001.


Washington-The National Community Reinvestment Coalition has appointed James H. Carr to the position of chief operating officer.

Mr. Carr joins NCRC after serving as senior vice president for financial innovation, planning and research at the Fannie Mae Foundation and vice president for housing research at Fannie Mae.

Prior to his Fannie Mae appointment, he served as assistant director for tax policy with the U.S. Senate Budget Committee and was a research associate with the Center for Urban Policy Research at Rutgers University.


Jacksonville-Chase said that Rick Boyd has joined its correspondent lending division as the subprime flow manager, responsible for all program coordination, including risk and capital markets, operations, sales and marketing.

Mr. Boyd brings to Chase more than 20 years of industry experience, including sales management, P&L management, loan production, loan administration management and secondary marketing.


Ewing-Cenlar FSB has appointed Richard W. Miller as vice president, business development manager

Prior to joining Cenlar, he was a senior vice president of the national builder division for JPMorgan Chase.

Previously, Mr. Miller had been senior vice president of national mortgage production for national homebuilder, Toll Brothers.


New York-Deutsche Bank Securities Inc. has added five mortgage-backed securities researchers.

The Wall Street firm has named Arthur Frank as director and head of agency MBS research and Ying Shen as director and head of non-agency MBS research.

Deutsche Bank also hired Yan Dong, William Natcher and Jichun Wu as vice presidents in MBS research.

Mr. Frank previously was a director in Barclays Capital's mortgage strategy group and Mr. Shen formerly was head of credit trading modeling at JPMorgan.

The three new MBS research vice presidents hired by Deutsche Bank previously worked for UBS, National City Corp. and Freddie Mac, respectively. (c) 2007 Mortgage Servicing News and SourceMedia, Inc. All Rights Reserved. http://www.mortgageservicingnews.com http://www.sourcemedia.com

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