PW Funding Names Key Exec

Neil P. Cullen has been named managing director and a member of the Office of the President of PW Funding Inc., the mortgage banking subsidiary of New York-based CharterMac.In addition, Mr. Cullen will oversee all the sales and marketing efforts for market-rate loan production for PWF, CharterMac said. He will join PWF's new office in Washington, D.C., and will share the responsibilities of the Office of the President with William Hyman and Kelly Schnur. Mr. Cullen was most recently principal and president of his own firm, The Cullen Cos., a Washington-based consulting company in the commercial and multifamily mortgage banking industry. CharterMac can be found online at http://www.chartermac.com.