MortgageIT Names SVP/Production Chief

Larry Schiavi has been named senior vice president and national retail production manager for the Retail Lending Division of MortgageIT Holdings Inc., a residential mortgage company based in New York City.MortgageIT, a real estate investment trust, also announced the appointment of Doug Kerr as chief investment officer. Mr. Schiavi was most recently SVP and national production manager at HSBC Mortgage Corp., and previously served as SVP and retail sales manager at HSBC. Mr. Kerr was most recently director of treasury risk management at NetBank Inc. MortgageIT can be found on the Web at http://www.mortgageitholdings.com.