Career moves

Mortgage foreclosure vendor Lender Processing Services on Wednesday named Hugh R. Harris president and chief executive officer effective immediately.

Consumer lending experts urged a Senate panel on Tuesday to confirm a director of the Consumer Financial Protection Bureau this week.

Gleacher & Co. Securities Inc., New York, has hired a head of agency trading and four other managing directors as part of the ongoing expansion of its fixed income platform.

The Senate Banking Committee this week is expected to vote on the nomination of Richard Corday to be the first director of the Consumer Financial Protection Bureau.

Carrington Mortgage Services, Irvine, Calif., a fast growing retail/wholesale lender, this week hired Rick Sharga of RealtyTrac as executive vice president in charge of branding and marketing.

U.S. Mortgage Corp. appointed two new senior executives, John Korothy as vice president of credit operations and Marc Silvera as vice president of capital markets.

Walker & Dunlop said that Rob Rotach has joined the company as vice president and deputy chief underwriter of the FHA finance department.

Mercantile Capital Corp., a wholly owned subsidiary of Old Florida National Bank, hired four new associates. Mercantile appointed Kristina Clements and Ray Drew sales associates.

The Financial Services Roundtable said that Paul Smocer has been named president of BITS, the technology policy division of the roundtable.

Cornerstone Real Estate Advisers named Mark Higgins president. As president, Higgins will oversee Cornerstone's debt and equity real estate investments in North America, supervising all activities related to a diversified portfolio of commercial properties, including equity acquisitions, asset management and dispositions, as well as debt vehicles such as mortgages, CMBS and mezzanine loans.

The executive who helped build one of the world's leading real estate investment platforms at Morgan Stanley has landed in Miami, where he will oversee one of the country's largest home builder's workout business.

Reznick Group appointed Richard Hollowell as managing director and Christopher Ganan as manager in the firm's Western region real estate/financial institution and litigation consulting services.

Realty Income Corp. said that Sumit Roy has been named senior vice president, real estate acquisitions.

There is considerable private investor interest in purchasing government-sponsored enterprise debt, speakers at a Financial Services Subcommittee hearing said, but it may take a few government subsidy based incentives to bring new capital into the marketplace.

Walker & Dunlop, LLC, Bethesda, Md., this week hired Rob Rotach as vice president and deputy chief underwriter for its Federal Housing Administration finance department.

Industry veteran John Robbins, who exited the business six years ago, next week will announce that he's reentering mortgage banking with a new retail/wholesaler lender.

Mike Perry, who led IndyMac Bancorp until its collapse in 2008, is trying to rehabilitate his image, waging a public campaign rarely seen from an executive of a once high flying mortgage lender.

Now that Walter Investment Corp., has officially purchased subservicer Green Tree Servicing, St. Paul, Minn., and its parent company, GTCH Holdings, LLC, it has changed certain job duties of executives that joined the firm.

Wanted: 520 mortgage professionals – and the man doing the hiring is former DiTech chief Paul Reddam.

Carrington Property Services hired Michael Harris as its president. He joins Carrington from Stewart Asset Recovery where he served as president, responsible for its day-to-day operations, including business development, product and service enhancements, and its vendor network.