MortgageDaily.com - Mortgage News Headlines
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New Execs at Reverse Lender, Net Branch & Other Firms
Next Generation Financial Services announced last week that it has a new chief executive officer: Robert Cannon. The company originates reverse mortgages. NetMore America Inc. announced that John Cassell was hired as the newly created senior vice president of retail production. He will manage and grow NetMore's branch system.
Banks Shuffle Executives
The new regional chairman for U.S. Bank in San Diego is Robert B. Horsman, the company said this month. John Manning was appointed by Wells Fargo & Co. to head the commercial banking division for the greater Los Angeles area. Park View Federal Savings announced this month the appointment of James Nicholson to chief financial officer.
Execs Appointed at Associations, Orgs and Regulators
The Depository Trust & Clearing Corp. said in a news release that Anne T. Noonan was appointed to the new position of managing director and chief systemic risk officer. Angela M. Sanders was hired as a staff assistant to the chairman of the National Credit Union Administration, an announcement said. Peter J. Birnbaum was elected to the 2009-2010 Board of Governors of the American Land Title Association at the group's annual convention.
3 Services Providers Hire New CEOs
Timothy M. Walsh was appointed president of UnitedTech Lender Services Inc. Aklero Process Solutions Inc. said in a news release that Brian K. Fitzpatrick was hired as president and chief executive officer. Sandeep Sahai will take over as president and CEO of Headstrong.
Credit Unions Growing
First mortgage assets at federally insured credit unions increased 4 percent from the end of last year, the National Credit Union Administration reported. Total assets were up 8 percent. Between the second quarter and the third quarter, credit union membership rose by more than 2 million.
