Career moves

Fairway Independent Mortgage Corp., Sun Prairie, Wis., has hired mortgage trainer Bliss Sawyer as a senior loan consultant to the company.

Radian Guaranty Inc., Philadelphia, has hired its first ever chief franchise officer, a position designed to build and promote the value of the company's mortgage insurance offerings.

The Federal Deposit Insurance Corp. named Mark Pearce director of its newly-established Division of Depositor and Consumer Protection.

LoanMarket.net, Irvine, Calif., has hired Jeff Haar, a former executive in charge of correspondent lending at Saxon Mortgage, a nonprime lender based in Virginia.

The Senate late Wednesday confirmed Janet Yellen and Sarah Bloom Raskin as members of the Federal Reserve Board, leaving only one vacancy on the seven-member panel.

The Independent Community Bankers of America on Thursday named Freddie Mac veteran Ron Haynie president and CEO of its residential finance unit, ICBA Mortgage.

Another top official has left the warehouse lending department of Southwest Securities FSB, leaving the Dallas-based bank with just two sales associates, and a declining book of business.

Rep. Spencer Bachus came out swinging midweek against speculation he may not become chairman of the House Financial Services Committee if Republicans win control of the House in the midterm elections.

Mary Lou Christy, who at one time led the mortgage-backed securities trading desk at Fannie Mae, has joined a number of former agency and government officials at The Collingwood Group, a Washington-based business advisory firm.

A capital markets veteran whose accomplishments include a pioneering effort in the United Kingdom’s mortgage-related securities market has joined hedge fund Titan Capital Group.

Herb Allison, the head of the government's $700 billion financial bailout program, said Wednesday morning that he is leaving the Treasury Department at month's end.

As technical director of the Financial Accounting Standards Board, Russell G. Golden is the person to whom financial institutions have been addressing their comment letters on a controversial proposal that would expand the use of 'fair value' accounting. Starting Oct. 1, bankers will be even more interested in seeking Golden's attention.

After months of speculation and more than a week of fevered media coverage on the topic, President Obama formally picked Elizabeth Warren on Friday as assistant to the president and special advisor to Treasury Secretary Tim Geithner in charge of creating the Consumer Financial Protection Bureau.

President Obama is expected to appoint Elizabeth Warren as an assistant to the president and special advisor to Treasury Secretary Tim Geithner tasked with getting the new consumer protection bureau on its feet, a Democratic official said late Wednesday.

Senate Democrats largely supported the idea of appointing Elizabeth Warren as the temporary head of the Consumer Financial Protection Bureau, with one key exception — Banking Committee Chairman Chris Dodd — who joined Republicans in arguing such a move would be a "mistake."

The White House is considering appointing Elizabeth Warren as interim head of the Consumer Financial Protection Bureau, bypassing a likely Senate confirmation battle, according to sources.

Citigroup has hired a pair of executives from Morgan Stanley to run its U.S. consumer and commercial banking division.

Kenneth M. Donohue, Inspector General for the Department of Housing and Urban Development, is leaving the agency in October after more than eight years of service.

President Obama said on Friday that an announcement of a nominee to head the Consumer Financial Protection Bureau is coming "soon."

With the 2010 elections close at hand, Democrats are at risk of losing their No. 2 lawmaker on the House Financial Services Committee.