People

The debate inside the Republican Party over the future of Fannie Mae and Freddie Mac has taken a right turn with Mitt Romney's selection of Rep. Paul Ryan as his running mate.

Amalgamated, a New York-based trade union owned bank, has giving up outsourcing loan originations and has brought the process in-house.

Julie Williams has been a dominant force at the agency for 19 years, serving four comptrollers and seen as the principal architect of the Office of the Comptroller of the Currency's controversial 2004 preemption rules.

Bank of America's vice chairman and a former chief financial officer will retire next month.

State Bank & Trust, Fargo, N.D., appointed Brian Landin as credit officer of the bank’s first Twin Cities’ location in Golden Valley.

SunTrust Bank, one of the largest mortgage lenders in the U.S., is looking for a new executive to manage retail production after the departure of Martha Simmons Scott.

These hirings are a precursor to a move into third party origination channels, company executives said.

GoldenTree Asset Management LP, the $15.7 billion hedge fund specializing in corporate credit, has hired former Goldman Sachs trader Deeb Salem as the firm expands its mortgage-bond team.

At Origination News’ discussion with the officers of FAMP at its annual convention in Tampa, national housing correspondent Lew Sichelman asked how the changes to federal law have impacted the state’s education requirements and how conditions are in the various markets that make up this very diverse state.

Terra Capital Partners, New York, appointed Gregory Pinkus as chief financial officer.