Peter Muriungi has been named senior vice president at EMC Mortgage, Lewisville, Texas, and he will head the company's Financial Analytics and Structured Transactions (F.A.S.T.) and business information teams.Since joining EMC in 1999, Mr. Muriungi has been involved with the development and deployment of default risk models, deal performance analytics, and other valuation models as part of the F.A.S.T. and business information groups. EMC, a subsidiary of Bear Stearns, developed the F.A.S.T. system.

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