Home123 Gets New SVP

Ralph P. Melbourne has been named senior vice president of the Consumer Direct Division of Home123 Corp., a retail lending subsidiary of New Century Financial Corp., a real estate investment trust based in Irvine, Calif.Mr. Melbourne has nearly 25 years of experience in the mortgage industry, most recently as director of strategic initiatives for Washington Mutual Inc. He was previously director of retail lending at WaMu, and spent 13 years at Citibank in various senior management roles, New Century said. The company can be found online at http://www.ncen.com.

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Career moves
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