-
Craig Kolasinski has been named to the newly created post of executive vice president for business development of First Bank of Beverly Hills, the banking subsidiary of Beverly Hills Bancorp Inc., Calabasas, Calif.In his new role, Mr. Kolasinski will service the bank's real estate clients, handle special loan opportunities, and develop "an aggressive program of loan participations and co-venturing with other lending institutions," the parent company said. The bank also announced that Eric Rosa, formerly the chief lending officer of ChinaTrust Bank (U.S.A.), has been hired as executive vice president and chief lending officer. Beverly Hills Bancorp can be found on the Web at http://www.bhbc.com.
December 5 -
Ralene Ruyle, chairman and chief executive officer of EMC Mortgage Corp., Lewisville, Texas, has announced that she will begin to transition out of a day-to-day role in the company and will officially retire from EMC at the end of next May.Ms. Ruyle was hired in 1987 by The Bear Stearns Cos., the parent organization of EMC, and she started EMC Mortgage in 1990 while working from a small office in Irving, Texas, with a staff of three, the company said. She was named president and CEO of EMC in 2002, and she also holds the title of senior managing director at Bear Stearns.
December 5 -
John Parsley has been named senior vice president of strategic business development at PMI Mortgage Insurance Inc., Walnut Creek, Calif., and Pete Pannes has been named to take his place as SVP of field sales and national accounts.Mr. Parsley joined PMI in 1983, and has also served as the company's vice president of sales for the Central/Western United States, national account director for the East, and area sales director for the Northeast Region, the company said. Mr. Pannes joined the company in 1990 as an account representative. He was part of the PMI management team that formed CMG Mortgage Insurance Co. in 1994, a joint venture with CUNA Mutual. He held several positions with CMG from 1994 to 2001, at which time he joined CUNA Mutual as senior vice president and general manager of CMG. Mr. Pannes rejoined PMI in 2004. PMI can be found on the Web at http://www.pmigroup.com.
December 1 -
Kymberly Wright has been named director of the correspondent lending division of First Magnus Financial Corp., Tucson, Ariz.Ms. Wright has more than 15 years of experience in mortgage lending, including 13 years with specific responsibility for correspondent lending, First Magnus said. She served as western national account manager in national correspondent sales at Washington Mutual Bank from 2001 to 2006, and she was previously with Chase Manhattan and Fleet Mortgage.
November 29 -
The PMI Group, a residential mortgage insurer based in Walnut Creek, Calif., has announced the promotion of Thomas H. Jeter to senior vice president, chief accounting officer, and corporate controller, and of Andrew D. Cameron to SVP and deputy general counsel.Mr. Jeter, who joined PMI in 2002, has been vice president and corporate controller since 2005. He was previously a senior manager in the Financial Services Division of PricewaterhouseCoopers LLP. Mr. Cameron joined PMI in 1998 and has been vice president and assistant general counsel since 2003. He was previously senior counsel in the Enforcement Division of the Securities and Exchange Commission. PMI can be found online at http://www.pmigroup.com.
November 29 -
Kenney Hayes has been named chief operating officer of Mortgage Banking Services Direct, a management consulting company specializing in mortgage banking, broker licensing, and lending-related technology. Ms. Hayes has 37 years of mortgage industry experience, the company said. Before joining MBSD, she developed joint venture relationships that combined mortgage operations with real estate companies in Oregon, Idaho, and Washington. Among her other positions was senior vice president in charge of mortgage lending at Bank of America. MBSD can be found online at http://www.mbsdgroup.com.
November 29 -
Robert L. Levy has been named chief financial officer of American Mortgage Acceptance Co., a New York-based real estate investment trust, and of New York-based CharterMac, AMAC's external adviser.Mr. Levy, who has been CharterMac's director of capital markets since 2001, will replace Alan P. Hirmes, who will remain chief operating officer of CharterMac and a member of AMAC's board, the companies said. Mr. Levy was previously a vice president in the real estate equity research and investment banking departments of Robertson Stephens, San Francisco. CharterMac can be found online at http://www.chartermac.com, and AMAC can be found at http://www.americanmortgageco.com.
November 28 -
ComplianceEase, San Francisco, has promoted its executive vice president, David Girling, to the position of president and chief executive officer.The compliance and risk management automation company's co-founder and former CEO, John Vong, will remain as chairman of the board, while another co-founder, Anita Kwan, will become chief operating officer and retain responsibility for finance, business operations, and administration. In his new position, Mr. Girling will be charged with expanding the company's already extensive roster of partnerships with loan origination systems and loan document providers as well as with Wall Street firms and other mortgage market participants. He brings over 20 years of experience in the financial services industry, including leadership positions with Shearson Lehman Mortgage, GE Capital Mortgage Corp., and PricewaterhouseCoopers. ComplianceEase can be found on the Web at http://www.complianceease.com.
November 28 -
HouseRaising Inc., a Charlotte, N.C.-based managed service provider to the custom homebuilding industry, has reported the death of its president and founder, Robert V. McLemore.Mr. McLemore died Nov. 23 at the age of 63, the company said. The cause of death was not disclosed. The company said Mr. McLemore founded HouseRaising in 1999 and invented a patent-pending custom homebuilding process that he developed into System C, a proprietary software system. Greg Wessling, the company's chairman and chief executive officer, said Mr. McLemore was "a remarkable human being, who built a strong company and a strong management team." HouseRaising can be found online at http://www.houseraising.com.
November 27 -
Following a national search, Doris W. Koo has been named president and chief executive officer of Enterprise Community Partners, a provider of development capital and expertise for affordable housing based in Columbia, Md.Ms. Koo, who is now an executive vice president, will succeed Bart Harvey as president and CEO on Jan. 1, at which time Mr. Harvey will assume the full-time role of chairman of the board of Enterprise Community Partners, Enterprise Community Investment, and Enterprise Community Loan Fund. The company said Ms. Koo has 30 years' experience in affordable housing and community development. Before joining Enterprise in 2001, she was deputy executive director of the Seattle Housing Authority. The company can be found online at http://www.enterprisecommunity.org.
November 20