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Community Bank of the Bay, Oakland, Calif., has launched a new commercial real estate lending program and appointed Thomas Mitchell to head it up.Mr. Mitchell was most recently a vice president of commercial real estate finance with KeyBank Real Estate Capital in Walnut Creek, Calif., Community Bank said, and has over 20 years of experience in the commercial real estate market. The program will offer "a comprehensive and competitive choice of permanent, bridge and construction financing for commercial, industrial and multifamily residential properties," Mr. Mitchell said. He added that Community Bank's ability to place loans in the secondary market allows it to offer "a variety of rates and terms to accommodate almost any kind of borrower." The bank can be found online at http://www.communitybankbay.com.

Mark E. Yale has been named executive vice president, chief financial officer, and treasurer of Glimcher Realty Trust, a real estate investment trust based in Columbus, Ohio.Mr. Yale, 40, was most recently senior vice president and CFO of the retail REIT. Before joining Glimcher, he was manager of finance and CFO of Storage USA. The REIT can be found on the Web at http://www.glimcher.com.

J. Christopher Clifton has been named senior vice president, general counsel, and chief compliance officer of Opteum Inc., a Vero Beach, Fla.-based real estate investment trust.Mr. Clifton was most recently an attorney with PPG Industries. Opteum, which invests in residential mortgage-backed securities and originates loans through a taxable REIT subsidiary, can be found on the Web at http://www.opteum.com.

Serene Rosenberg has been named chief operating officer of HomeView Lending Inc., an Orange County, Calif.-based lender serving the nonprime, alternative-A, and option adjustable-rate mortgage markets.Ms. Rosenberg was most recently COO of Acoustic Home Loans, a nonprime wholesale lending affiliate of MetroCities Mortgage. She was previously a senior vice president and corporate credit officer at New Century Mortgage Corp. HomeView can be found on the Web at http://www.homeviewlending.com.

Mary Wetterlin has been hired as general manager of TopLine Federal Credit Union to develop a first-mortgage division at its Maple Grove, Minn., headquarters.Ms. Wetterlin will be responsible for building "leading-edge" first-mortgage lending options and developing business relationships with Realtors, builders, and mortgage brokers, TopLine said. Ms. Wetterlin has 13 years of experience in mortgage banking and real estate, and was most recently branch manager of the new-construction office at CTX Mortgage Co. She was previously a branch manager at Countrywide Home Loans. Michael Edwards, TopLine's chief lending officer, said the CU's move was related to its recent expansion of membership eligibility to include everyone who lives, works, worships, volunteers, or attends school in the seven-county Minneapolis-St. Paul metropolitan area. The CU can be found on the Web at http://www.toplinecu.com.

Residential Capital Corp.'s chief financial officer Davee Olson has accepted a new position leading the company's warehouse lending business.ResCap said it has already begun a search for a new CFO and that Mr. Olson will continue to serve as acting CFO until a replacement can be found. Bruce Paradis, ResCap's chief executive officer, noted that Mr. Olson "played a key role in acquiring the warehouse lending business for GMAC-RFC more than 15 years ago and has always maintained strong ties to the business." Mr. Olson said the new position gives him the opportunity to "take on an operational role," something he said he has "wanted to do for a long time." ResCap can be found online at http://www.rescapholdings.com.

Richard J. Johnson, formerly executive vice president and chief financial officer of Impac Mortgage Holdings Inc., has been named EVP and chief operating officer of the Newport Beach, Calif.-based real estate investment trust.The previous COO, William S. Ashmore, will remain as president and director of the REIT, the company said. Gretchen D. Verdugo, formerly IMH's EVP and chief accounting officer, has been named EVP and CFO. IMH can be found online at http://www.impaccompanies.com.

Credit Suisse, Zurich, has hired Claudio Rudolf as a director in charge of acquisition and sales for its real estate management business.Mr. Rudolf was previously UBS Fund Management (Switzerland) AG's head of acquisition and disposition. Credit Suisse can be found on the Web at http://www.creditsuisse.com.

Chris Lau and Kin Lee have been named to co-head the commercial mortgage-backed securities secondary trading desk of RBS Greenwich Capital, Greenwich, Conn.Mr. Lau is a veteran of the firm's CMBS desk, while Mr. Lee is a veteran trader who was most recently a CMBS secondary trader with CSFB. Both will hold the titled of managing director and co-head of CMBS secondary trading. They will report to Chris McCormack, the head of CMBS trading for RBS Greenwich Capital. The company can be found online at http://www.rbsgc.com.

Doug Lee has been named head of correspondent lending at Macquarie Mortgages USA, Memphis.Mr. Lee was most recently head of broker sales for Macquarie Mortgages Australia, which received the top ranking in the 2005 Brokers on Banks Survey by Mortgage Professional Australia magazine, Macquarie reported. The company can be found on the Web at http://www.macquariemortgages.com.