People

The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Gov. Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against international banks and at times raised hackles in foreign capitals.

Mortgage professional hiring and new job appointments for the week ending Oct. 23.

From thrift deregulation to government domination, the mortgage business is prone to dramatic shifts. Here are 10 people who share the credit, or the blame, for major industry changes.

Citizens Bank in Providence, R.I., has appointed a former mortgage insurance executive to head its mortgage division.

David H. Stevens, the Mortgage Bankers Association's president, pledged to "shine an aggressive spotlight on abusive enforcement" at the trade group's annual gathering, specifically calling out the Department of Justice.

Greg Reiter, Wells Fargo's head of residential mortgage research who spent more than 25 years specializing in bonds backed by home loans and other securities, has died. He was 52.

Mortgage professional hiring and new job appointments for the week ending Oct. 16.

PNC Mortgage's chief executive and president Joseph C. Guyaux will retire in the spring of 2016, the Pittsburgh-based company announced Thursday. He will be replaced by treasurer and chief investment officer E. William Parsley III.

Executives in the mortgage industry must "take a page from the real estate community" and be more active in Washington and their state capitals, said outgoing Mortgage Bankers Association Chairman Bill Cosgrove.

SunTrust Banks in Atlanta has promoted an executive to oversee its consumer banking and wealth management operations