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United Bank of Glastonbury, Conn., has hired three experienced former Bank of America mortgage bankers in West Springfield, Mass.

Stephanie Dombrowski takes advantage of the reputation credit unions have as community institutions but offers customers the advantages of dealing with a larger bank or thrift that makes portfolio loans.

Carrington Mortgage Services has opened its fifth retail lending branch in Virginia as part of its effort to originate more loans to borrowers with lower credit scores.

Amerisave Mortgage Corp., Atlanta, said that Ed Abufaris has been named president.

Taylor Capital in Chicago is no longer looking to sell its mortgage banking operation.

RECOVCO, a national due diligence firm and mortgage quality control and valuation service provider, named former Digital Risk executive Randy Lightbody as its new CEO.

The company is using proprietary automation to support the channel. Jeff Walsh, who formerly was involved in another wholesale startup, heads the new operation.

Wingspan Portfolio Advisors promoted Eshna Ghosh to the newly created position of senior vice president for business development.

Jose Gonzalez, the first Hispanic president of a Federal Home Loan Bank, envisions eventually allowing new categories of lenders like REITs to join the system, but wants membership to stay as it is for now.

Paul Bognanno, Federal Home Loan Bank of Des Moines