MLCC Expands Correspondent Unit

Merrill Lynch Credit Corp., New York, has expanded its correspondent group with the hiring of six industry veterans.Bob Bodell will serve as national sales director; previously he was an executive vice president at First Nationwide Mortgage Corp. Hired as regional sales managers are: Gary Rosenberger, Southeast region; Patricia Slepkow, Northeast and sections of the North Central regions; Fred Hurt, Midwest region; Dennis Brodhecker, Western region; and David Smith, Central region. The group will be headquartered in Jacksonville, Fla. It will offer correspondents bulk and flow execution as well as customized deal structuring for jumbo and superjumbo loans. Larry Washington, chairman and chief executive of Merrill Lynch Credit Corp., said, "Our financial strength provides us with the distinctive ability to create flexible and customizable arrangements to meet unique client needs."