Career moves

ICON Residential, Irvine, Calif., has hired MetLife veteran James Matarazzo as area sales manager for wholesale, covering the Southeast.

Mortgage Master, Walpole, Mass., one of the largest privately held nonbank lenders in the Northeast, this week hired industry veteran Don Henig to be its managing director of national sales, officials at the company confirmed to National Mortgage News.

While Senate Republicans seem to have largely moved past President Obama's controversial recess appointment of Richard Cordray to head the Consumer Financial Protection Bureau, it was clear Thursday that the House GOP has not.

Cardinal Bank, Tysons Corner, Va., said that Kathy Harbold has joined the company as senior vice president, real estate loan officer.

Red Capital Markets, Columbus, Ohio, said that Tracy Peters has joined the National Housing & Rehabilitation Association board of directors.

Continuing its expansion in the suburbs of Washington, D.C., Eagle Bancorp, Bethesda, Md., has opened a pair of residential loan offices in Maryland and Virginia.

Stonegate Mortgage, Indianapolis, is looking to help banks deal with balance sheet volatility regarding mortgages, while at the same build its servicing portfolio. So it is starting a financial institutions channel to purchase loans on both a wholesale and correspondent basis.

First American Financial Corp. chairman emeritus and title insurance industry veteran Donald P. Kennedy has died at age 93.

Platinum Data Solutions, Aliso Viejo, Calif., appointed Phil Huff as its new chief executive officer.

Two sales associates for eWarehouseOne have resigned over the past few weeks, including industry veteran Henry Brandt.

PrivateBancorp Inc., Chicago, named Brant Ahrens president of personal client services, a new line of business combining the company's services to individuals and families under one unit.

Residential lenders originated $16.5 billion of FHA-backed single-family mortgages in February, a nearly 10% decline from the prior month as the home purchase market slowed.

State Bank & Trust, Fargo, N.D., appointed Todd Lee to executive vice president, Twin Cities managing director.

If you're looking for the missing piece to the mortgage "deconsolidation" equation, its name is Wells Fargo. Never before in the annals of residential finance has one company amassed such an enormous market share in lending (27%) and servicing (20%).

After more than a decade as head of the Financial Services Roundtable, Steve Bartlett will be stepping down at the end of this year.

DRI Management Systems Inc., Newport Beach, Calif., promoted Nancy Schaefer to senior vice president for client operations.

DRI Management Systems Inc., Newport Beach, Calif., hired Michael Bailin for the newly created position of regional sales executive in the Western states.

Wells Real Estate Funds, Norcross, Ga., named Robert Kennedy president and chief operating officer.

Dan Magder, a director of acquisitions for Lone Star Funds, has quit the investment firm to focus on what he calls a "REO-to-rental investment opportunity."

Stewart Title Ltd., the underwriter for U.K., European and Australian transactions for Stewart Information Services Corp., appointed Ciaran Westland to general manager of its Australian operations.