HomeGain Names CEO

August 30, 2004, 2:00 p.m. EDT 1 Min Read

Mortgage banking veteran Richard F. Sommer has been named chief executive officer of HomeGain Inc., an Emeryville, Calif.-based provider of customized services to online buyers and sellers of homes.Mr. Sommer was previously senior vice president of business development for the mortgage banking unit of IndyMac Bank Inc. and president of international real estate operations for HomeStore Inc., the parent of Homestore.com. HomeGain, a privately held company, can be found online at http://www.homegain.com.

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