Moody's Taps New Servicing Oversight Chief

Moody's Investors Service has named Warren Kornfeld, a senior credit officer in the rating agency's residential mortgage-backed securities group, to be the new head of its mortgage servicer ratings.Mr. Kornfeld replaces Linda Stesney, who has been promoted to a position as co-head of the Moody's term asset-backed securities group. She is moving up because Michael Kanef, formerly co-head of term ABS, has been named group managing director for asset finance. Moody's can be found online at http://www.moodys.com.