Career moves

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.

Salataris hired Gary Vandeventer as a managing director.

The Mortgage Bankers Association hired industry veteran Pete Mills as its new senior vice president of residential policy and member services, effective Oct. 1.

In a business where building your personal brand is equally as important as building a company brand, David Pressel has been able to do both.

Patrick Sheehy, a top mortgage executive at Chase, has left the company, National Mortgage News has learned.

First Valuation hired Sue Potteiger as its president to leverage the company’s proprietary valuation technology.

Catapult Real Estate Solutions has launched Catapult Realty, a new real estate brokerage firm, with Terrie Whittaker at the helm.