Radian Group Inc.'s Clayton Holdings hired Brian Wornow to be senior managing director of lending services as the mortgage-information unit seeks more business from Wall Street firms.
Wornow, who previously was co-head of Morgan Stanley's residential mortgage whole loan trading business, will lead a new Clayton operation focused on loan services to clients including real estate investment trusts, private equity and hedge funds, the company said Monday in a statement.
"Brian's deep knowledge of the mortgage and capital markets will help Clayton develop and enhance our customized origination, review and surveillance solutions for whole loan acquirers and their funding sources," Jeff Tennyson, Clayton's chief operating officer, said in the statement. "Brian is a strong addition to Clayton's management team.”
Wornow has also worked at UBS Securities, PricewaterhouseCoopers and the MortgageIT business under Deutsche Bank.
