Career moves

Wendover Consulting Inc., Greensboro, N.C., a consulting firm focused on servicing the reverse mortgage industry, named Karen Stegall as director of audit and compliance.

First things first: Yes, I can live on $500,000. Heck, I can live on $250,000 a year. Would I like to run Fannie Mae, the government-controlled mortgage giant? Answer: Sure, why not? But first I have a few stipulations.

A search firm trying to find a new CEO for Fannie Mae is asking candidates this very basic question: Can you live on $500,000 a year?

PERL Mortgage Inc. named Mark Daly senior vice president, national sales manager.

Fannie Mae is considering the head of a banking industry trade group and its own general counsel as possible replacements for departing CEO Michael Williams, according to published reports.

Arbor Commercial Mortgage, Uniondale, N.Y., promoted John Caulfield to chief operating officer.

Hilco Real Estate, Northbrook, Ill., said that Joel Schneider has joined the company as senior vice president, dispositions.

Allonhill, an independent third-party review firm specializing in mortgage due diligence and credit risk management, hired Lorie Helms as chief technology officer.

For the moment, the job of ensuring that the nation's largest bank servicers comply with the terms of last week's mammoth mortgage settlement falls on just one man.

Veritas Funding, Salt Lake City, appointed Lance Miller as its new general counsel and vice president of compliance.

Larry Fink, chairman and CEO of BlackRock Financial, is nobody's fool - not by a long shot. He cut his teeth at First Boston many moons ago, helped shape the MBS market, and then went on to create a financial services powerhouse: BlackRock

Although many megabanks have thrown their correspondent networks overboard, there's a new entrant in the sector: Impac Mortgage Holdings, Irvine, Calif., a once high flying 'alt-A' lender that survived the housing crash and rebuilt itself.

Fannie Mae has hired Wells Fargo mortgage executive Anthony 'Tuck' Reed as a senior executive in charge of customer strategy and support in its single-family business, according to colleagues who have been briefed on the matter.

Veritas Funding, Salt Lake City, named Chris Maturo vice president of sales and business development.

The $25 billion 'robo-signing' settlement with the five mega-servicers includes a new set of servicing standards - and a mortgagor's ‘Bill of Rights' - to prevent future processing and foreclosure abuses.

Holliday Fenoglio Fowler said that Nicholas Matt has rejoined the firm as a managing director in its Pittsburgh office.

Wendover Consulting Inc., the Greensboro, N.C. company founded by reverse mortgage guru Jeff Taylor, has beefed up its management team with three new hires.

The board of directors of the American Legal Financial Network, St. Louis, said that William LeRoy has resigned as CEO and president of the ALFN in order to pursue other opportunities.

HomeStreet Bank, Seattle, is in the throes of hiring dozens of loan officers who worked at MetLife Home Loans and anticipates that in time it will hire north of 160 workers.

Maverick Funding Corp., Parsippany, N.J. has hired away Joshua Shein, the CEO of reverse lender Great Oak Lending who brings with him to his new employer roughly 30 employees including 11 loan officers.