Randy Lightbody has been named executive vice president of reverse mortgages at Countrywide, America's Wholesale Lender, which offers reverse mortgages through Countrywide Bank FSB, Calabasas, Calif.Mr. Lightbody, who brings 20 years of experience as a senior mortgage banking executive, served most recently as managing director of prime wholesale and correspondent lending for New Century Mortgage. He was previously an executive director at Morgan Stanley, where he led sales efforts for the whole-loan conduit, and held executive positions at Bank One Corp. and PMI Mortgage Insurance, among other companies. Countrywide's wholesale channel, a subsidiary of Countrywide Financial Corp., can be found on the Web at https://www.cwbc.com.
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