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Freddie Mac on Tuesday afternoon unveiled a major reorganization in its ranks, naming former GMAC executive Tony Renzi to head a newly created division to oversee single family lending, operations and technology.

Add the name of Alexander ‘Zan’ Hamilton to the growing list of former mortgage bankers who are hoping to get back into the game.

Freddie Mac said Monday it expects its upcoming second offering of its multifamily structured pass-through “K” certificates backed only by seven-year multifamily mortgages to be a bit bigger than its first, and separately noted an executive personnel change in its multifamily area.

Brian Simon is joining Caliber Funding LLC, Irvine, Texas, as its new chief executive, while Michael Massella is the company's new senior vice president, wholesale lending.

IServe Residential Lending, an 18-state lender, this week announced that it has added seven new retail branch locations: three each in California and Washington state, and one in North Carolina.

NeighborWorks America has promoted Eileen M. Fitzgerald to the chief executive job, a post she has held on an interim basis since January. Prior to that, she has been the affordable housing organization's chief operating officer since 2005.

Shellpoint Partners LLC, a joint venture between company management and Ranieri Partners, has purchased New Penn Financial, an originator of FHA/VA and conforming loans, based in Plymouth Meeting, Pa.

Real Estate Mortgage Network Inc., a national mortgage lender based in River Edge, N.J., opened a new branch in Riverside, Calif.

A division of PennyMac Mortgage Investment Trust said it has hired a former top executive from Bank of America to run its fledgling correspondent lending division.

Daryl Schwartz, the acquisition chief for G8 Capital, a private equity fund that invests in real estate and nonperforming mortgages, left the company last week.