Career moves

Dave Lowman, chief executive of JPMorgan Chase’s residential mortgage unit for almost five years, is stepping down, according to a statement issued by the company.

The Consumer Financial Protection Bureau has hired Christopher C. Haspel away from the Government National Mortgage Association, giving him a top slot at the new agency, according to officials familiar with the matter.

Fannie Mae sold 62,814 REO properties in the first quarter, a 65% jump in activity from the same period a year ago, according to new figures released by the firm.

CoreLogic appointed Peter Stimson as the new managing director of U.K. operations for CoreLogic.

Freddie Mac on Tuesday afternoon unveiled a major reorganization in its ranks, naming former GMAC executive Tony Renzi to head a newly created division to oversee single family lending, operations and technology.

Add the name of Alexander ‘Zan’ Hamilton to the growing list of former mortgage bankers who are hoping to get back into the game.

Freddie Mac said Monday it expects its upcoming second offering of its multifamily structured pass-through “K” certificates backed only by seven-year multifamily mortgages to be a bit bigger than its first, and separately noted an executive personnel change in its multifamily area.

Brian Simon is joining Caliber Funding LLC, Irvine, Texas, as its new chief executive, while Michael Massella is the company's new senior vice president, wholesale lending.

IServe Residential Lending, an 18-state lender, this week announced that it has added seven new retail branch locations: three each in California and Washington state, and one in North Carolina.

NeighborWorks America has promoted Eileen M. Fitzgerald to the chief executive job, a post she has held on an interim basis since January. Prior to that, she has been the affordable housing organization's chief operating officer since 2005.

Shellpoint Partners LLC, a joint venture between company management and Ranieri Partners, has purchased New Penn Financial, an originator of FHA/VA and conforming loans, based in Plymouth Meeting, Pa.

Real Estate Mortgage Network Inc., a national mortgage lender based in River Edge, N.J., opened a new branch in Riverside, Calif.

A division of PennyMac Mortgage Investment Trust said it has hired a former top executive from Bank of America to run its fledgling correspondent lending division.

Daryl Schwartz, the acquisition chief for G8 Capital, a private equity fund that invests in real estate and nonperforming mortgages, left the company last week.

TMS Funding, the wholesale arm of Total Mortgage Services, Milford, Conn., on Tuesday announced that it has hired five new account executives with 72 years of combined experience.

MortgageAmerica Inc. appointed Maurice F. Wilhelm Jr. to the position of president and chief operating officer.He will continue to be responsible for all day-to-day operations for the company.

Senate Republicans late Thursday declared victory in their effort to use a procedural maneuver to prevent the president from making any recess appointments during the Memorial Day holiday.

Clayton Holdings LLC, Shelton, Conn., has hired Rick E. Smith as senior managing director in business development for its Quantum residential and commercial special servicing business, based in the company's Tampa office.

The New York Senate on Wednesday confirmed Benjamin Lawsky to be the state’s first superintendent of its new Department of Financial Services.

For weeks, Republicans have said their objections to the Consumer Financial Protection Bureau are substantive, and not based on worries about the agency's de facto leader, Elizabeth Warren. But at a House hearing Tuesday, GOP members launched a series of personal attacks on Warren, suggesting she was lying and sometimes interrupting her responses.