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The Independent Community Bankers of America on Thursday named Freddie Mac veteran Ron Haynie president and CEO of its residential finance unit, ICBA Mortgage.

Another top official has left the warehouse lending department of Southwest Securities FSB, leaving the Dallas-based bank with just two sales associates, and a declining book of business.

Rep. Spencer Bachus came out swinging midweek against speculation he may not become chairman of the House Financial Services Committee if Republicans win control of the House in the midterm elections.

Mary Lou Christy, who at one time led the mortgage-backed securities trading desk at Fannie Mae, has joined a number of former agency and government officials at The Collingwood Group, a Washington-based business advisory firm.

A capital markets veteran whose accomplishments include a pioneering effort in the United Kingdom’s mortgage-related securities market has joined hedge fund Titan Capital Group.

Herb Allison, the head of the government's $700 billion financial bailout program, said Wednesday morning that he is leaving the Treasury Department at month's end.

As technical director of the Financial Accounting Standards Board, Russell G. Golden is the person to whom financial institutions have been addressing their comment letters on a controversial proposal that would expand the use of 'fair value' accounting. Starting Oct. 1, bankers will be even more interested in seeking Golden's attention.

After months of speculation and more than a week of fevered media coverage on the topic, President Obama formally picked Elizabeth Warren on Friday as assistant to the president and special advisor to Treasury Secretary Tim Geithner in charge of creating the Consumer Financial Protection Bureau.

President Obama is expected to appoint Elizabeth Warren as an assistant to the president and special advisor to Treasury Secretary Tim Geithner tasked with getting the new consumer protection bureau on its feet, a Democratic official said late Wednesday.

Senate Democrats largely supported the idea of appointing Elizabeth Warren as the temporary head of the Consumer Financial Protection Bureau, with one key exception — Banking Committee Chairman Chris Dodd — who joined Republicans in arguing such a move would be a "mistake."