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President Obama on Tuesday officially appointed Carol Galante to serve as the new acting commissioner of the Federal Housing Administration, overseeing the agency's single family and multifamily programs.

Todd Chamberlain, a 25-year veteran of the mortgage industry and the head of residential lending at Regions Financial left the company last week to take a job with a competitor, industry officials told National Mortgage News.

Bank of America on Monday tapped its legacy servicing chief, Terry Laughlin, as the bank’s new chief risk officer.

Spirit Finance Corp. appointed Thomas Nolan as chairman and chief executive officer, succeeding Chuck Cremens as CEO.

Lender Processing Services Inc.’s CEO and president Jeffrey S. Carbiener, is stepping down, effective immediately, for what the company said are significant health-related reasons.

TD Bank has appointed a director of retail lending sales and plans to hire roughly 100 residential mortgage staff along the East Coast of the United States.

Bank of America has named Mike Hall to replace Paul Szymanski as the head of its warehouse lending business. Szymanski left B of A to reunite with former Countrywide Credit Industries president Stanford Kurland and start a warehouse lending business at PennyMac.

Glen A. Messina is the new chief operating officer at PHH Corp., Mount Laurel, N.J., where he will oversee, among other things, the operations of PHH Mortgage.

Synovus has created a Senior Housing Group to serve the needs of owners of such properties as convalescent and assisted-living care facilities and nursing homes. William E. Shine joins Synovus as director of corporate banking for specialized healthcare lending.

Green River Capital, an REO asset management and loss mitigation provider, has named Lorenz Schwarz as its chief operating officer.