People

Charles Roberts, the London-based special counsel of Cadwalader, Wickersham & Taft LLP's, has been appointed chairman of the international committee of the Commercial Mortgage Securities Association.Mr. Roberts' role in this position will be to "create a forum for issuers, service providers, and investors in the rapidly growing internationally-based commercial mortgage-backed securities industry throughout Europe, Canada and Japan," Cadwalader, Wickersham & Taft reported. The firm can be found on the Web at http://www.cwt.com.

William C. Apgar, former commissioner of the Federal Housing Administration, has been named to the advisory board of AMCO, a Cleveland-based appraisal management company.Mr. Apgar is currently senior scholar at the Joint Center for Housing Studies at Harvard University. "For many years, there were simply no good methods to create accurate and compliant lending while still maintaining profitability and savings for the public," Mr. Apgar said. He decided to join AMCO's advisory board "to facilitate the development and distribution of products and services that create absolute compliance, accuracy, and profitability," he said. AMCO recently announced the appointment to the advisory board of Andrew M. Cuomo, a former secretary of the Department of Housing and Urban Development.

Leslie M. Muma, president and chief executive officer of Fiserv Inc., Brookfield, Wis., has announced that he plans to retire in June 2006."I believe that with this announcement -- tied to the creation of a Succession Committee of the Board -- we have taken a path to effect a smooth transition to new leadership over the next 20 months," Mr. Muma said. Mr. Muma also announced that Norm Balthasar, Fiserv's senior executive vice president and chief operating officer, has asked the board to remove his name from consideration for the CEO position. Mr. Balthasar noted his plans for retiring in 2008 and said he believes the corporation should look for a candidate with a longer time horizon. Fiserv provides data processing and information management systems to banks, mortgage lenders, and other financial institutions. It can be found online at http://www.fiserv.com.

Ron Kessinger, executive vice president and chief financial officer of Triad Guaranty Inc., Winston-Salem, N.C., has been promoted to the newly created post of senior executive vice president and chief operating officer.The company, the parent of mortgage insurer Triad Guaranty Insurance Corp., said it has begun a search to fill the CFO position. Mr. Kessinger will continue as CFO until a replacement is hired. Triad can be found on the Web at http://www.triadguaranty.com.

Gene Kilgore has been named executive vice president of structured securitization at Arbor Realty Trust Inc., Uniondale, N.Y.Mr. Kilgore will be responsible for overseeing Arbor's collateralized debt obligation initiatives, the real estate investment trust said. Before joining the multifamily and commercial REIT, Mr. Kilgore was a portfolio manager for ZAIS Group LLC, a structured finance investment adviser. Arbor can be found online at http://www.thearbornet.com.

H. Lynn Ryan has been named senior vice president and chief information officer of the loan origination units of NovaStar Financial Inc., Kansas City, Mo.Ms. Ryan was formerly executive vice president and CIO of Ameriquest Mortgage Co. and held other CIO positions with financial services companies prior to that, NovaStar said. NovaStar, a residential mortgage lender, can be found on the Web at http://www.novastarmortgage.com.

Daniel B. Deaton has been promoted to the newly created position of executive vice president for national retail production at CTX Mortgage Co., a Dallas-based subsidiary of Centex Corp.Mr. Deaton, who has been regional executive vice president for CTX's Southeast Region since joining the company in 1997, will lead CTX's nationwide retail branch network, consisting of about 140 offices, the company said. CTX also announced the hiring of John F. Karaszewski to succeed Mr. Deaton in heading the Southeast Region.

Select Portfolio Servicing Inc., Salt Lake City, has promoted its current president Matt Hollingsworth to be chief executive, replacing James Ozanne, who will remain chairman of the subprime servicing company formerly known as Fairbanks Capital Corp.Mr. Ozanne took over the management of Fairbanks in 2003 to clean up the company in the wake of investigations regarding its servicing practices. Mr. Hollingsworth joined Fairbanks in late 2002. He was previously in charge of U.S. branch operations for Associates First Capital Corp., a subprime lender that was acquired by Citigroup in 2000. Separately, Financial Security Assurance Inc. announced that Mr. Ozanne is rejoining its board of directors. FSA has a minority investment in SPS. Fairbanks changed its name to Select Portfolio Servicing on July 1.

Comptroller of the Currency John Hawke Jr. has decided to step down as the chief supervisor of national banks on Oct. 13 when his five-year term ends."I am pleased to report as I take my leave that the [national banking] system is strong and the national bank charter is strong and vibrant," the comptroller says in a letter to President Bush. Deputy Comptroller Julie Williams is expected to serve as acting comptroller until the Senate confirms Mr. Hawke's successor.

Carolyn Poppe has been appointed first vice president and national subprime operations manager at IndyMac Bancorp Inc., Pasadena, Calif.She will lead all operations initiatives, manage the subprime customer account and underwriting managers, and implement policies and procedures for the group, IndyMac said. Ms. Poppe was most recently first vice president and corporate operations manager at Long Beach Mortgage. She has also held senior management positions at J.P. Morgan Chase, Norwest Mortgage/Wells Fargo Bank, and Sutter Mortgage Corp.