Career moves

NeighborWorks America has named Paul Weech as its new president and chief executive.

GuardHill Financial Corp. CEO Alan Rosenbaum has recruited veteran New York City mortgage originator—and former competitor—Melissa Cohn to bring an under-the-radar lender out of the shadows.

George Engelke Jr., former chairman, president, and chief executive of the Astoria Financial in Lake Success, N.Y., has died.

The Federal Agricultural Mortgage Corp. has given its president and chief executive, Timothy Buzby, a two-year extension on his employment contract.

People movers for the week ending Dec. 12.

Stonegate Mortgage is planning to add over 175 jobs in Southern California.

DocMagic, a loan preparation company in Torrance, Calif., has agreed to acquire Doc-Tech, a mortgage documentation firm in Palatine, Ill.

National MI, a private mortgage insurance company in Emeryville, Calif., has named Jay Sherwood as president.

PNC Financial Services Group has appointed a new leader for its mortgage division.

PennyMac formed the new division to provide multifamily and other commercial loans under $10 million.

People movers for the week ending Dec. 5.

Meeting people and getting to know them remains the most successful way of getting new clients.

Beal was a senior vice president in transaction management at Clayton Holdings and an advocate for tougher due diligence in residential mortgage-backed securities after the financial crisis.

A company's evolution from startup to established business requires executives to have a wide array of leadership skills, particularly given the intricate compliance requirements that can complicate the growth trajectory of many mortgage firms.

People movers for the week ending Nov. 26.

The namesake of the lifetime achievement Mortgage Technology Award left a tremendous legacy on the mortgage industry.

WASHINGTON — The top Republican and Democratic spots on the House Financial Services Committee will remain unchanged in the new Congress.

JPMorgan Chase said it's on track to eliminate 3,000 more jobs this year than previously forecast in its mortgage and credit-card divisions.

Photos from the 15th Annual Mortgage Technology Awards Ceremony in Las Vegas

Narayan Bharadwaj, the former general manager and head of mortgage technology vendor Wipro Gallagher Solutions, will serve as president and chief operating officer of the newly created professional services division of document preparation vendor DocuTech.