Career moves

First Niagara Financial Group promoted Tom Faughnan to become senior director of its residential mortgage business.

MFA Financial Inc. appointed William Gorin as chief executive officer of the company, effective Jan. 1, 2014.

Members of the management team and key employees of IFG Mortgage Corp. have joined Equity Loans.

Title365 Co. appointed Vickie Crestani to the role of president, Texas state operations.

The new president of the California Association of Mortgage Professionals also is planning a marketing and image campaign for the industry.

AmeriSave said it is eliminating published conventional overlays, citing strong performance in the loans that have been delivered to its wholesale division.

Fannie Mae has promoted Terence Edwards, the former president and CEO of PHH Corp., to executive vice president and chief operating officer.

Fortress Investment Group hired Michael Nierenberg, Bank of America Corp.’s head of global mortgages and securitized products, as a senior executive in its private-equity business.

Grant Mitchell, the former assistant general counsel at the Department of Housing and Urban Development known throughout the industry as Mr. RESPA, has died.

Laurie Goodman has left Amherst Securities to pursue a full-time role at the Urban Institute.

Tanya Eastwood, managing director of Greystone’s Affordable Housing Initiatives group, has been elected to the Council for Affordable and Rural Housing board of directors.

Mark Lefanowicz will join Fenway Summer as CEO of its mortgage venture.

LenderLive Network appointed Joe Chodkiewicz as regional account manager for its Midwest region.

The Consumer Financial Protection Bureau’s top supervision and enforcement officer, Steven Antonakes, will also serve as the CFPB’s second-in-command.

Genworth Financial has added two new executives to the management team at its U.S. mortgage insurance subsidiary.

At Citizens Bank, Hoffman will be tasked with leading the marketing and business expansion efforts for the bank’s residential loan portfolio.

PSM Holdings Inc., has promoted Kevin Gadawski to president and chief executive, replacing Ron Hanna who has resigned.

Effective September 3, mortgage industry veteran Vickie Tillman is the new president of Morningstar Credit Ratings, LLC.

The New York attorney general has filed a lawsuit against real estate mogul Donald Trump, Trump University and its former president for engaging “in persistent fraudulent, illegal and deceptive conduct.”

After a seasonal phenomenon occurred in June where mortgage delinquencies spiked up, the trend started to take a reverse course again in July.