Career moves

Richard C. Hartnack has been named head of the consumer banking division of U.S. Bancorp, Minneapolis, giving him responsibility for the full range of consumer lending, including home mortgages.U.S. Bancorp said the promotion was part of a move that aligned the company's business operating units under its president and chief operating officer, Richard K. Davis. Before joining U.S. Bancorp, Mr. Hartnack held various posts with Union Bank of California over 14 years, and his 34-year career in banking and financial services also includes stints with First Chicago Corp. and First Interstate Bank of Oregon, the company said. The bank holding company can be found online at http://www.usbank.com.

Carly Fulmer has been named director of operations at 1st Metropolitan Mortgage, Charlotte, N.C., a national mortgage broker and a division of Empire Equity Group Inc.1st Metropolitan said Ms. Fulmer will continue to manage and develop its branch support and quality control departments and develop the infrastructure and operations of the company. Before joining 1st Metropolitan, Ms. Fulmer was a loan processor at 21st Century Mortgage, which specializes in mortgages for mobile and modular homes. She joined Empire in 2000 and later became head of quality control. In 2003, she developed the branch support division, which is a customer service center for 1st Metropolitan's 250 nationwide branches, the company said. 1st Metropolitan can be found online at http://www.1stmetro.com.

Randy Pool has been named executive vice president and general manager of the newly formed National Correspondent Lending Division of New Century Financial Corp., Irvine, Calif.Mr. Pool will report to Patrick J. Flanagan, president of the New Century Mortgage Corp. He was most recently an executive vice president at Argent Mortgage Co., and previously held various senior management positions at Community Home Funding Group, The Money Store, U.S. Property and Appraisal Services, and The Associates Financial Services Co., New Century said. New Century can be found online at http://www.ncen.com.

Richard Payne has been named president of wholesale operations at The New York Mortgage Co., New York, and Joseph Gorton has been named chief operations officer of the division.NYMC said Mr. Payne, a 25-year veteran of the mortgage industry, was formerly a managing director of Lehman Brothers and executive vice president of wholesale development for Lehman's Aurora Loan Services. He was previously president and chief executive officer of SIB Mortgage Corp. Mr. Gorton, a 20-year industry veteran, was formerly EVP and COO at SIB Mortgage. His previous positions include vice president for lending operations at GMAC Mortgage, EVP and national operations manager at Eastern Mortgage Services, and first vice president for production support at Anchor Mortgage Services. NYMC can be found online at http://www.nymc.com.

Clarence (Clay) G. Simmons III has been named senior executive vice president and chief financial officer of Thornburg Mortgage, Santa Fe, N.M.Mr. Simmons, whose appointment as CFO will take effect April 29, replaces the retiring Richard Story, the company said. Mr. Simmons was most recently a managing director at Countrywide Financial Corp., where he was a founder of CFC's bank subsidiary, Treasury Bank NA. Mr. Story was Thornburg's CFO for 12 years of his more than 30 years in the financial services industry, Thornburg said. He will continue to provide counsel to the company as a member of a newly formed advisory board. Thornburg, a single-family residential mortgage lender and real estate investment trust, can be found online at http://www.thornburgmortgage.com.

CharterMac, a New York-based company that provides financial services for the multifamily sector, has named Daryl J. Carter chief executive officer of its commercial mortgage banking subsidiary, CharterMac Mortgage Capital Co.Mr. Carter will set the strategic direction of CharterMac Mortgage and be responsible for its national originations platform, whose annual volume is expected to touch $2 billion this year, according to CharterMac. He will also oversee the firm's $9 billion servicing portfolio. Mr. Carter joined CharterMac after it acquired Capri Capital, a company he co-founded in 1992, CharterMac said. "Under Mr. Carter's direction, we anticipate a major expansion of our mortgage banking operations," said Stuart J. Boesky, CharterMac's CEO. CharterMac can be found online at http://www.chartermac.com.

Chris Bowden has been promoted to vice president of HomeSteps, a division of Freddie Mac that is responsible for the management and sale of single-family real estate owned.Mr. Bowden reports to Ingrid Beckles, vice president for default asset management at Freddie Mac. Mr. Bowden joined HomeSteps in 1995 as an REO manager. Since January 1996, he has held both the director of sales and director of operations positions. Freddie Mac can be found online at http://www.freddiemac.com.

Edward V. Piccinich has been named executive vice president and director of operations and construction at SL Green Realty Corp., a New York-based real estate investment trust, and Steven M. Durels has been named EVP and director of leasing.Mr. Piccinich, 42, joined SL Green as senior vice president and director of property management and construction in 2002. The REIT said he is responsible for overseeing the management of 28 office buildings. Before joining SL Green, Mr. Piccinich was a vice president at J.P. Morgan and general manager of the World Trade Center. Mr. Durels, 45, joined the REIT in 1998 as a senior vice president. Before joining SL Green, he spent 16 years with Helmsley-Noyes, a commercial real estate firm, the company said. SL Green can be found online at http://www.slgreen.com.

S. Trezevant Moore Jr. has been named president and chief operating officer of Luminent Mortgage Capital Inc., San Francisco.Mr. Moore will replace Albert J. Gutierrez as president. Luminent said Mr. Gutierrez will concentrate on the company's agency and mortgage-backed securities spread portfolio. Mr. Moore was most recently executive vice president of capital markets for Radian Guaranty and previously held several senior-level posts in the mortgage industry, Luminent said. The company can be found online at http://www.luminentcapital.com.

Kathleen Brown, a former California treasurer and Democratic candidate for governor, has been appointed to the board of directors of Countrywide Financial Corp., Calabasas, Calif.Ms. Brown is currently a senior adviser on public finance for Goldman, Sachs & Co. She has also worked as an attorney in the Capital Markets Group of O'Melveny & Myers and as a member of the Investment Management Group of Bank of America. In the political arena, Ms. Brown was California state treasurer from 1991 through 1994 and was defeated in the 1994 California governor's race by the then-incumbent governor, Pete Wilson. She is the sister of Oakland Mayor and former California Gov. Jerry Brown. Countrywide can be found on the Web at http://www.countrywide.com.

Victor J. Bacigalupi has been named chief administrative officer of The PMI Group Inc., a provider of mortgage insurance and other credit enhancement products based in Walnut Creek, Calif.Mr. Bacigalupi, who joined PMI in 1996, is currently executive vice president, general counsel, and secretary of the company. PMI can be found on the Web at http://www.pmigroup.com.

Industry veteran Harry V. Tomlinson III has been named executive vice president and Northeastern regional manager of Metrocities Mortgage, a residential mortgage lender based in Sherman Oaks, Calif.Mr. Tomlinson boasts more than 30 years of experience in the mortgage industry, Metrocities said. He was most recently senior vice president and area manager for Washington Mutual in Langhorne, Pa., after joining PNC Mortgage Corp. of America in 1993 before it was purchased by WaMu. Mr. Tomlinson was previously senior vice president and regional production manager at Sears Mortgage Corp. Metrocities can be found online at http://www.metrocitiesmtg.com.

Mark E. Rose has been named chief executive officer of Grubb & Ellis Co., a provider of real estate services based in Northbrook, Ill.Mr. Rose, 41, was most recently chief operating officer and chief financial officer of the Americas at Jones Lang LaSalle. He spent 12 years with Jones Lang and its predecessor companies, Grubb & Ellis said. G&E can be found on the Web at http://www.grubb-ellis.com.

Patrick Mize has been named chief financial officer of MortgageTree Lending, a national mortgage banking company based in Modesto, Calif.Mr. Mize was most recently the CFO of a regional mortgage bank, where he "fostered a shift of his departments' focus from compliance-driven 'technicians' to customer-driven, service-focused professionals," MortgageTree said. The company can be found online at http://www.mortgagetreelending.com.

Michael Detwiler has been named chief executive officer of Mortgage Cadence, a Denver-based mortgage lending platform provider.Mr. Detwiler has been president of the company since 1999. "By focusing Mortgage Cadence on its position as a pure lending product company, we can maintain our leadership position as the only true services-oriented, end-to-end lending platform," he said. Mortgage Cadence offers technology such as proprietary workflow and rules automation for the back office as well as a Web-based loan origination system, the company said.

Arthur Prieston, chairman of The Prieston Group risk management consulting company, has been tapped to serve as spokesman for the National Home Equity Mortgage Association on issues relating to mortgage fraud.The association said Mr. Prieston will work with NHEMA president Jeffrey Zeltzer to formulate issue papers on mortgage fraud for the organization's forthcoming annual conference in Scottsdale, Ariz. Citing congressional hearings last October on the rising incidence of mortgage fraud, Mr. Prieston said it was clear that "lenders are not routinely recognized as victims of mortgage fraud alongside borrowers. That has to change. It is time to begin defining and establishing legislation that will protect borrowers and lenders alike." The Prieston Group can be found online at http://www.priestongroup.com, and NHEMA can be found at http://www.nhema.org.

First American Real Estate Information Services Inc., Dallas, has announced the appointment of Andy Williams as executive vice president of client relations for First American's Mortgage Information Services Group.Mr. Williams joined First American in 1992 when the company acquired Ticor Realty Tax Services, where he held the position of vice president of sales. He then served as senior vice president of sales with WNC Insurance Services before rejoining First American in 1997 as vice president and national sales director with First American Flood Data Services, First American said. Mr. Williams held various positions with First American before being named senior vice president of client relations. First American can be found online at http://www.firstam.com.

Julie Cline has been named chief operating officer of No Red Tape Mortgage, a jumbo wholesale lender based in Sherman Oaks, Calif.Ms. Cline was most recently the company's senior vice president of operations. She was previously director of mortgage banking operations for e-Loan.com and vice president of operations at IndyMac Bank FSB, No Red Tape said. The company can be found on the Web at http://www.noredtape.com.

John U. Sepulveda, a former Clinton administration official and Freddie Mac executive, has been named chief executive officer of the National Association of Hispanic Real Estate Professionals.The San Diego-based NAHREP said Mr. Sepulveda was deputy director of the Office of Personnel Management during the latter half of President Bill Clinton's second term. He was also a senior executive at the Department of Housing and Urban Development. At Freddie Mac, he was director of industry and housing outreach and the company's chief liaison to Latino leaders and organizations, the association said.

Morrison & Foerster LLP has announced the addition of Yaacov M. Gross, a senior corporate finance attorney it termed a "pioneer" in the real estate investment trust market, as a partner in its New York office.Mr. Gross, whose practice is international and spans multiple industries, has in recent years focused primarily on real estate financing and REIT transactions, the firm said. He joins Morrison & Foerster from Wilkie, Farr and Gallagher LLP in New York, where he was a founder of that firm's real estate securities practice. "In addition to representing some of the industry's largest REITs from inception, he has been at the forefront of financing, capital formation, and merger & acquisition transactions involving REITs and other real estate-related ventures," said Karen Hagberg, managing partner of Morrison & Foerster's New York office.