Career moves

Freddie Mac’s capital market chief, Peter J. Federico, a 23-year veteran of the GSE, announced that he is leaving the company in mid-May.

The White House keeps insisting it has not made a final choice for director of the Consumer Financial Protection Bureau, but there is a growing expectation that Elizabeth Warren will soon get the nod.

MERSCorp Inc., parent company of the Mortgage Electronic Registration Systems, named former CitiMortgage chairman and CEO Bill Beckmann its permanent replacement for retired president and CEO R.K. Arnold.

Kinecta Federal Credit Union promoted Brian Herbert to Southwest regional manager of its wholesale mortgage sales operation.

CMG Mortgage has hired Todd Hempstead, a Fannie Mae veteran of 25 years, to work with private investors interested in buying and securitizing conforming and jumbo mortgages.

SunTrust Banks Inc. has made more changes to its management team.The Atlanta-based company named Aleem Gillani its chief financial officer; he had been corporate treasurer.

Jefferies has named a former American Stock Transfer and Trust Co. executive as managing director in the firm’s fixed-income military housing mortgage business.

Passport Capital hired Jeffrey Kong as a portfolio manager, who will be responsible for managing the firm's mortgage-backed and related fixed-income strategy.

Loan officers are still licking their wounds in the wake of the Federal Reserve's new (restrictive) loan officer compensation rules, but if anyone's celebrating it's the folks whose job is to actually hire LOs, and their wholesale counterparts, account executives.

BlackRock Inc. has named a new global head of real estate to oversee both debt and equity investment products.

MountainView Capital Holdings, Denver, on Thursday announced the hiring of Robert Wellerstein as a managing director in the firm's mortgage and fixed income sales and trading units.

Sandler O'Neill is adding two managing directors as well as three new sales professionals to its Chicago-based fixed-income group as part of an effort to strengthen its growing new-issue distribution of MBS and other fixed-income products.

Hammerhouse LLC opened a new regional office in Chicago, the company's third in the U.S., which will be managed by John Van Tassel, vice president strategic growth.Van Tassel assumes his role with seven years of experience in nationwide recruiting of mortgage production professionals.

CoreLogic hired 25-year mortgage industry veteran Arlene Hyde to the newly created position of senior vice president of strategic relationships for its Business and Information Services division.

If loan volumes are slowing, don’t tell that to TMS Funding of Milford, Conn. The nonbank residential lender recently hired six wholesale account executives and plans to hire more.

Two Chicago Bancorp executives this week acquired the charter and assets of Generations Bank, an FDIC-insured savings bank based in Overland Park, Kan., and plan to ramp up production of both residential and commercial loans.

The international law firm Greenberg Traurig LLP said that Vivek K. Chavan has joined its Silicon Valley office as a shareholder in its real estate practice.Prior to joining Greenberg Traurig, Chavan was with Morrison Foerster LLP.

Shore Financial Services Inc., a wholesale and retail mortgage banking firm based in Birmingham, Mich., has hired Kip Kirkpatrick as its new chief executive officer.

The former chief executive of Taylor, Bean & Whitaker Mortgage, Paul R. Allen, admitted to his role in what prosecutors say was a $1.9 billion fraud that included attempts to deceive the federal bank bailout program.

Industry veteran Tom Wind, who recently departed as managing director of J.I. Kislak Mortgage LLC, Miami Lakes, is expected to be hired by EverBank Financial Corp., Jacksonville, Fla., according to industry officials familiar with the matter.