Winter Group Founder Departs

Richard Winter, founder of The Winter Group, which ran a modest-sized trading desk that specialized in home equity loans, has left the organization, MortgageWire has learned. At deadline time, neither the company nor Mr. Winter could be reached for comment. The firm is based in New York. TWG, owned by Shinsei Bank of Japan, also operates a specialty servicer based in Colorado. That business, according to servicing brokers, is now being shopped around to potential buyers. One broker said its portfolio could total upwards of $8 billion (including subservicing contracts), but could not say for sure.

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Career moves
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