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MERSCorp Inc., parent company of the Mortgage Electronic Registration Systems, named former CitiMortgage chairman and CEO Bill Beckmann its permanent replacement for retired president and CEO R.K. Arnold.

Kinecta Federal Credit Union promoted Brian Herbert to Southwest regional manager of its wholesale mortgage sales operation.

CMG Mortgage has hired Todd Hempstead, a Fannie Mae veteran of 25 years, to work with private investors interested in buying and securitizing conforming and jumbo mortgages.

SunTrust Banks Inc. has made more changes to its management team.The Atlanta-based company named Aleem Gillani its chief financial officer; he had been corporate treasurer.

Jefferies has named a former American Stock Transfer and Trust Co. executive as managing director in the firm’s fixed-income military housing mortgage business.

Passport Capital hired Jeffrey Kong as a portfolio manager, who will be responsible for managing the firm's mortgage-backed and related fixed-income strategy.

Loan officers are still licking their wounds in the wake of the Federal Reserve's new (restrictive) loan officer compensation rules, but if anyone's celebrating it's the folks whose job is to actually hire LOs, and their wholesale counterparts, account executives.

BlackRock Inc. has named a new global head of real estate to oversee both debt and equity investment products.

MountainView Capital Holdings, Denver, on Thursday announced the hiring of Robert Wellerstein as a managing director in the firm's mortgage and fixed income sales and trading units.

Sandler O'Neill is adding two managing directors as well as three new sales professionals to its Chicago-based fixed-income group as part of an effort to strengthen its growing new-issue distribution of MBS and other fixed-income products.