Career moves

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.

Long & Foster Real Estate Inc., Chantilly, Va., named Dontae Carroll regional manager of its Prince George's County and southern Maryland offices.

In case you haven't been paying close attention and reading the National Mortgage News website (and our paper weekly) the past year, there's a gargantuan shift underway in the mortgage industry. We correctly predicted that the servicing side of the business is 'deconsolidating.'

Mark Gollin has joined Carlton, New York, as managing director to run its European capital markets business.

Urban Pace, a new home sales and marketing company for urban developers located in Washington, appointed Jeremy Aldridge as vice president.

House Financial Services Committee Chairman Spencer Bachus survived a challenge this week from three Republicans in Alabama's Sixth Congressional District, clearing a path to re-election.

GMAC Mortgage has hired another former top executive from MetLife Home Loans, this time Randy Levine, who will serve as Southwest regional manager for the national lender.

Allonhill formed a new client service management team that will be led by Nicole Avey.

GMAC Mortgage has hired Paul Ramos, a former regional manager handling Florida for MetLife Home Loans Inc., Irving, Texas.

Industry veteran Luke Hayden, who took over as president of PHH Mortgage less than two years ago, resigned from the firm this week to pursue what the company calls "other interests."