CitiMortgage Names Correspondent Chief

Jeff McGuiness has been promoted to managing director of the Correspondent Lending Division of CitiMortgage, St. Louis.His new responsibilities will include oversight of sales, operations, pricing, and customer delivery for the correspondent channel, the company said. Mr. McGuiness was most recently director of national sales for the Correspondent Lending Division. David Schneider, president and chief operating officer of CitiMortgage, said the correspondent lending sales force grew from six to 45 individuals under Mr. McGuiness and the division's business volume doubled in two years. Mr. McGuiness also served as the company's national director of retail and corporate sales. Before joining CitiMortgage, he held senior sales and management positions with Norwest Mortgage and was president and chief operating officer of The Lazear Agency, an international literary agency in Minneapolis.