WaMu Promotes Ely and Brooks

Washington Mutual, Seattle, has made some personnel changes in its multifamily operations, promoting Edward Ely to head of the multifamily lending division.Mr. Ely, who will be executive vice president and head of the division, will oversee WaMu's multifamily lending activities nationwide, the company reported. Mr. Ely was previously senior vice president and Western Region manager, overseeing WaMu's multifamily offices on the West Coast. And Al Brooks, who previously headed WaMu's multifamily lending division, has been promoted to chief lending officer for the company's commercial group, WaMu said. In this role, Mr. Brooks will oversee the company's multifamily lending, commercial real estate lending, homebuilder financing, mortgage banker financing, commercial banking and commercial marketing.