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Allied Home Mortgage Capital Corp., Houston, which recently settled with HUD concerning alleged branch violations, has appointed two state managers to act as compliance auditors for the company.

Title insurance giant First American Financial Corp., Santa Ana, Calif., Friday named Max O. Valdes chief financial officer, and Mark E. Seaton senior vice president of finance.

Specialized Loan Servicing LLC, Littleton, Colo., has hired Oscar Southall as senior vice president of default operations.

The nation's top accounting standard setter is retiring.Robert Herz, the chairman of the Financial Accounting Standards Board, announced that he will step down after eight years. Leslie Seidman, a FASB board member since 2003 and a former JPMorgan Chase & Co. accounting policy vice president, was appointed acting chairman, effective Oct. 1.

Jess Lederman, who a few months ago left Kinecta Federal Credit Union, is now heading up Great Western, a mortgage affiliate of Frontier Bank FSB, Park City, Utah.

Loan Value Group LLC has hired an executive from an institutional asset management firm as its chief financial officer and general counsel.

PartnerFirst LLC, Corona, Calif., has named an executive who has worked at Fidelity National Financial Cos. as a new principal and chief development officer.

Citizens Financial Group has named a former marketing and business development executive from SunTrust Mortgage Inc. as president of its Home Lending Solutions business.

John Walsh, the former chief of staff to the Comptroller of the Currency, is now the acting Comptroller of the agency that supervises national banks.

The Comptroller of the Currency Tuesday promoted Karen Solomon to be the agency's new deputy chief counsel.