Career moves

Mortgage technology pioneer Michael Jackman has been named to the advisory board of LogicEase Solutions Inc., San Francisco, according to the company's ComplianceEase division.Mr. Jackman was most recently president and chief executive officer of Interlinq Software Corp., a software development company serving the mortgage industry. Mr. Jackman also served as president of Fiserv Inc., where he developed the company's electronic commerce strategy. During his tenure at HNC Software Inc., now a part of Fair Isaac, Mr. Jackman "played a key role in the design and development of Falcon, the most advanced consumer credit fraud detection system in the world," ComplianceEase said. In addition, the company said Mr. Jackman pioneered the electronic fulfillment of real estate information products and services in the 1980s.

PMI Mortgage Insurance Co. Ltd. has appointed Alberto Constantini as senior adviser to the company in Italy.Mr. Constantini has held several executive-level jobs in the European mortgage industry, including chief executive officer of Banca delle Marche and vice chairman of the European Mortgage Federation. In his role with PMI, Mr. Constantini will assist the company in developing strategies for the future growth of the mortgage market while identifying and broadening market opportunities across Europe, the company said.

Carlos M. Velez-Cruz has been named president of Oriental Mortgage, San Juan, Puerto Rico, and executive vice president of the parent company, Oriental Financial Group Inc.With the advent of Mr. Velez, the company said it expects to announce plans to "significantly expand" its mortgage business. Mr. Velez was most recently president of the equity wholesale division of Equity Financial Services of San Juan, a mortgage banking company. He was previously senior vice president and secondary market manager for the Popular Mortgage division of Banco Popular de Puerto Rico of San Juan, Oriental said.

Jason Oelrich, formerly chief financial officer of Liberty Financial Group, a mortgage bank based in Bellevue, Wash., has been promoted to president and managing director of the company.As president, Mr. Oelrich will succeed Barry Horn, who will remain chairman and chief executive officer and concentrate on new business development initiatives. Before joining Liberty Financial, Mr. Oelrich founded and served as president of Virtual CFO Solutions, a provider of business process outsourcing systems. He was previously a partner with MW Capital, a venture capital firm that works with early and mid-stage technology companies. Liberty Financial can be found online at http://www.lfgloan.com.

John K. Wulff, the non-executive chairman of the board of Hercules Inc., a manufacturer and supplier of specialty chemicals, has been elected to Fannie Mae's board of directors.Fannie Mae said Mr. Wulff will fill the unexpired term of Anne Mulcahy, who resigned in October. Mr. Wulff, who was a member of the Financial Accounting Standards Board from July 2001 to June 2003, has been appointed to the Fannie Mae board's Audit and Compensation Committee. Fannie Mae can be found on the Web at http://www.fanniemae.com.

Thomas Murphy has been named executive vice president and chief information officer of Arbor Commercial Mortgage LLC, Uniondale, N.Y.Arbor said Mr. Murphy, who has more than 25 years of experience in the information technology field, was most recently CIO at Titleserv Inc., an electronic real estate title and settlement services company. He has also held positions at Bank America Mortgage, Lending Solutions Inc., and First Boston Capital Group, among other companies. Mr. Murphy also held the CIO position at Arbor earlier in his career.

Curt A. Caspersen has been named chief operating officer of First American Title Insurance Co., Santa Ana, Calif.First American said Mr. Caspersen joined the company in 1986 and has held various sales and executive posts, most recently executive vice president and director of national lenders services and, since May, senior executive vice president. First American Title is the largest subsidiary of The First American Corp., which can be found on the Web at http://www.firstam.com.

Gary Bierfriend, president of the wholesale lending division of MortgageIT Inc., has been named to the new post of president of the New York-based company.He will be responsible for all the company's retail, wholesale, and correspondent lending activities, as well as HomeCloser LLC, MortgageIT's settlement services business. Doug Naidus, chairman and chief executive of MortgageIT, said Mr. Bierfriend is a "recognized authority" in the industry, who as president of MIT Lending, the company's wholesale operation, "spearheaded what was merely a business idea at its inception in early 2000 to what is today a top-25 national wholesale platform." Before joining MortgageIT, Mr. Bierfriend served as managing director, chief compliance officer, and general counsel for MortgageIT's wholly owned predecessor company, IPI Skyscraper Mortgage.

John Teweles has been named president of AmeriCU Mortgage Co., Sterling Heights, Mich.Mr. Teweles will be responsible for expanding AmeriCU's correspondent, wholesale, outsource, and loan servicing to credit unions, the company said. Mr. Teweles, who has a long track record of working with credit unions to increase their production, was most recently president of MBS Mortgage Co. AmeriCU has been a behind-the-scenes mortgage lender for credit unions since 1993. It be found online at http://www.americu.com.

George A. Charles has been named executive vice president for the Western Division of Metrocities Mortgage LLC, a residential mortgage lender based in Sherman Oaks, Calif.Mr. Charles served most recently as president of Response Mortgage Services Inc., Bellevue, Wash. He was previously vice president of lending and vice president of franchise development for Qpoint Home Mortgage Loans in Bellevue. The Western Division of Metrocities Mortgage includes all states west of the Mississippi except California. The company can be found online at http://www.metrocitiesmtg.com.

John W. Petersen has been named executive vice president and chief operating officer of PS Business Parks, a real estate investment trust based in Glendale, Calif.Mr. Petersen was most recently senior vice president of the San Jose Region at Equity Office Properties. He was previously employed at Spieker Properties, and has 17 years of experience in commercial real estate, the REIT said. The company can be found online at http://www.psbusinessparks.com.

Scott Johnson has assumed the post of executive vice president and national production manager of The New York Mortgage Co. LLC, New York, and will operate from an office in Farmington, Conn.Mr. Johnson was most recently senior vice president of Guaranty Residential Lending Inc., where he was responsible for the company's Northeast/Mid-Atlantic Region. At New York Mortgage, he will manage a $4 billion production platform with approximately 400 loan officers, the company said. New York Mortgage said its recently announced acquisition of 15 branch offices and 26 satellite offices of Guaranty Residential took effect Nov. 15.

Robert L. Clarke, a former U.S. comptroller of the currency, has been elected to the board of directors of Stewart Information Services Corp., Houston.Mr. Clarke, who served as comptroller of the currency from 1985 to 1992, is a senior partner of the Houston law firm Bracewell & Patterson LLP and the founder of its financial services practice. He has been a member of Stewart's advisory board since September 2003. Stewart can be found on the Web at http://www.stewart.com.

Ron Litt has been named senior vice president of retail operations in MortgageIT's New York Region.Mr. Litt, who will operate out of Manhattan, was most recently SVP of Allied Home Mortgage Capital Corp., where he developed marketing and technology programs for more than 650 branch offices and five corporate facilities, MortgageIT said. His previous experience includes senior positions at GE Information Systems, Sprint, and the Department of Defense. MortgageIT also announced the hiring of Linda Litt as director of business development. She will be based in Newburgh, N.Y. Ms. Litt also comes to MortgageIT from Allied Home Mortgage, where she was vice president for product information/branch services.

Joseph A. Smialowski has been named executive vice president of operations and technology at Freddie Mac, effective Dec. 1.Mr. Smialowski was most recently executive vice president at Fleet Boston Financial, where he had direct oversight of the company's information technology, bank operations, and corporate real estate, among other things. He will be responsible for managing the largest segment of Freddie Mac's business operations, including all the company's mortgage origination and servicing, investment and capital markets operations, and information systems divisions. Mr. Smialowski will report to Eugene M. McQuade, Freddie's president and chief operating officer. "Joe brings to Freddie Mac world-class operations and technology expertise that will help create a better customer experience through integrated operating and technology platforms," Mr. McQuade said. Prior to joining Fleet Boston in 1998, Mr. Smialowski was chief information officer at Sears, Roebuck and Co. Freddie Mac can be found online at http://www.freddiemac.com.

Dennis J. Gilmore has been named to the newly created position of chief operating officer of The First American Corp., Santa Ana, Calif.First American said Mr. Gilmore will also continue his current role as president of the company's Property Information Group. Parker S. Kennedy, First American's chairman and chief executive officer, said Mr. Gilmore will concentrate on the company's mortgage-related operations in addition to his current duties. First American, a national provider of title insurance, mortgage information, and other data, can be found on the Web at http://www.firstam.com.

Jay S. Nydick, a longtime executive with Goldman, Sachs & Co., has been named president of iStar Financial Inc., a New York-based real estate investment trust.Mr. Nydick was most recently a Hong Kong-based managing director who headed Goldman's Corporate Finance Group for non-Japan Asia, as well as a member of the company's New York-based Products and Financial Sponsors Group, iStar said. Before his Asian assignment, he was in Goldman's Real Estate Investment Banking Group. The REIT can be found online at http://www.istarfinancial.com.

Brian Roseboro, the Treasury under secretary for domestic finance, has resigned from the agency after seven months on the job.Mr. Roseboro, who was sometimes quoted on issues affecting the government-sponsored enterprises, will leave the agency effective Jan. 1. As undersecretary, he was responsible for formulating policy and legislation in regard to financial institutions, including Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System. Wayne A. Abernathy, assistant Treasury secretary for financial institutions, reports to Mr. Roseboro. Mr. Abernathy is considered the administration's point person on GSE matters.

Albert L. Jones has been named executive vice president of real estate lending at the newly founded Penn Liberty Bank in Wayne, Pa.The bank said Mr. Jones has over 13 years of banking industry experience. He was most recently EVP of commercial real estate lending at Republic First Bank. Penn Liberty can be found on the Web at http://www.pennlibertybank.com.

Paul E. Bibb has been named chief executive officer of National City Mortgage, Cleveland, succeeding Leo E. Knight Jr., who will continue as chairman of the company until his retirement at the end of next year.Mr. Bibb is currently executive vice president of National City in charge of retail and direct lending, the company said. Mr. Knight has been chairman and CEO since 2000 and served as president and CEO from 1989 to 2000. National City also announced that Todd A. Householder, EVP of the company's Secondary Marketing Division, will succeed Gregory A. Davis as EVP and head of the Wholesale/Correspondent Lending Group. Mr. Davis will retire in 2005. The company can be found on the Web at http://www.nationalcitymortgage.com.