Career moves

If Joseph Campanelli's job at Flagstar Bancorp was to keep the company alive, Michael Tierney's task is to make it thrive.

Former Kondaur CEO Jon Daurio is out in the market trying to raise money for a new nonconforming lender.

Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., added Verlee Mason to its sales team.

Alan David Tikal is facing charges that he bilked more than 1,000 homeowners in a multi-state, multimillion-dollar mortgage scam.

Timothy Buzby has been promoted to president and chief executive of Farmer Mac, replacing Michael Gerber.

LenderLive Network hired Chris Sabbe as senior vice president of strategy and business development for its loan servicing division.

Flagstar Bancorp named Michael Tierney president of both the holding company and thrift, effective immediately.

PrimeLending this week hired industry veteran Eric Declercq as senior vice president and regional manager for the New York metro area.

Thanks to more GSE G-fee hikes, in time we may see more firms play in the jumbo MBS space. But don't hold your breath.

LenderLive Network said that Eric Prosperi has joined the company as senior vice president of document management solutions for its document services division.

Holliday Fenoglio Fowler said that Brad Black has joined the firm as a managing director in its Los Angeles office.

New Penn Financial, a fast-growing lender with ties to MBS co-inventor Lew Ranieri, hired Brian Simon as its new chief operating officer.

Richard D. Baum has been elected as chairman of Redwood Trust Inc.

A quiet boom is underway in mortgage employment.

The four branches of Alpine Mortgage have joined Inlanta Mortgage, as the latter company looks to expand into New England.

Former JPMorgan Chase mortgage executive Steven Rotella lands at mortgage servicer Vericrest in an advisory role.

Holliday Fenoglio Fowler promoted Michael Weinberg to associate director in its Orlando, Fla., office.

Mortgage bankers are worried that the GSEs might be ushering in a ‘score card’ rating on all their customers tied to net worth, loan quality and more.

Former Total Mortgage Services wholesale manager Domenic Melillo has joined National Mortgage Insurance, a new MI firm.

Carrington Mortgage Services hired Mark Allanach as regional vice president of mortgage lending.