WaMu Hires Retail Mortgage Chief

Mortgage banking veteran Steven F. Stein has been hired to head the Home Loans Retail Production sales channel of Washington Mutual Inc., Seattle.Mr. Stein, 52, has more than 25 years of mortgage industry experience. Most recently, he served as executive vice president of wholesale lending for St. Louis-based CitiMortgage Inc. and, before that, as EVP of retail lending, according to WaMu. Mr. Stein previously served as vice president and national sales manager at Prudential Home Mortgage, where he managed sales and marketing for the company's Home Mortgage Connection Division. He was also responsible for creating and developing a wholesale origination channel that provided processing and marketing support to mortgage brokers, WaMu said. WaMu can be found on the Web at http://www.wamu.com.