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Cardinal Bank has a new executive vice president of real estate lending.

Edward J. DeMarco, who worked to shrink Fannie Mae (FNMA) and Freddie Mac (FMCC) as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets.

Ditech Mortgage has named Karen Totaro as its new divisional manager for the Southeast region.

Online real estate marketplace Auction.com has appointed Mindy Heppberger as chief legal officer.

HomeUnion named Jamie Sipila as its senior director of product management.

Mortgage Contracting Services, a property inspection and maintenance company in Plano, Texas, has named Bart Vincent as its chief financial officer.

The 14-term congressman was a dominating force as House Banking Committee chairman. But the savings and loan deregulation bearing his name tarnished his legislative record, and ethics allegations created a cloud of suspicion that led to his ouster.

Carrington Mortgage Services in Santa Ana, Calif., has hired a former JPMorgan Chase & Co. executive to lead its mortgage lending operations.

Colonial of Fort Worth, Texas, announced that Richard Harvey has been named chief compliance officer.

Galante's impending departure may signal that the recovery of the federal mortgage insurance fund is nearly complete and an upcoming report will show a healthy capital level.