People

Birchwood Credit Services said that John Shea has joined the company as senior vice president of sales and marketing.

The Mortgage Bankers Association announced two promotions Monday as part of an organizational realignment plan.

Mortgage industry veteran to be trade group's spokesman and representative at hearings.

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.