ECC's Chief Production Officer Quits

Troy Gotschall has resigned as executive vice president and chief production officer of ECC Capital Corp., a real estate investment trust based in Irvine, Calif., as a result of the company's decision to exit the mortgage origination business.The mortgage REIT noted that the decision was to exit the origination business after the consummation of a proposed transaction with Bear Stearns Residential Mortgage Corp. Mr. Gotschall will serve as a consultant to ECC to assist in the transition of his responsibilities, the company said. The REIT can be found online at http://www.encorecredit.com.

For reprint and licensing requests for this article, click here.
Career moves
MORE FROM NATIONAL MORTGAGE NEWS