Moody's Promotes Analysts in Servicing Unit

Moody's Investors Service has promoted Warren Kornfeld, a senior credit officer in its residential MBS group, to head its mortgage servicer ratings unit.

He will also remain a member of the rating agency's residential MBS group.

He replaces Linda Stesney, who will now serve as co-head of Moody's term ABS group.

She in turn is replacing Michael Kanef, former co-head of the term ABS group, who has been named group managing director for asset finance. Mr. Kanef replaces Andy Silver, formerly head of asset finance who is leaving to take a teaching position at Rutgers University.

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