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M e r g e r s, a c q u i s i t i o n s and private and public offerings. Other corporate activity including executive appointments, bankruptcies name changes.


Support Services Shuffle Execs

Recent executive activity at mortgage service providers

July 5, 2010

By SAM GARCIA


A team was assembled for a new fixed-income unit in New York, a mortgage technology firm picked up the founder of another company and the former commissioner of the Federal Housing Administration found a spot on one corporation's board of directors.

A new structured finance group at New York-based Sandler O'Neill & Partners LP is being headed by Carlos Mendez, a June 15 announcement indicated. He comes to the New York investment banker from his job as senior managing director of Institutional Credit Partners LLC.

"As head of structured finance, Mr. Mendez will be responsible for arranging new term funding and alternative capital solutions and will advise clients on current recapitalization requirements," Sandler said. "He will also assist in further expanding the firm's fixed income sales and trading business."

Sandler additionally said Joshua Eaton, Andrew Mauritzen and Chris Howley joined as managing directors and the initial members of the new group.

Default services provider Integrated Asset Services said last month that it promoted its chief financial officer and chief operating officer, Ryan Tomazin, to president. He replaces founder Dave McCarthy. Tomazin reportedly has more than a decade of experience in REO management services.

PCLender.com Inc., a provider of loan origination systems, recently announced that it hired Cy Brinn as its new chief operating officer on June 7. Brinn, the former president of GHR Systems, will oversee all aspects of the Honolulu-based company's day-to-day operations. He started in the financial services sector in 1986.

Former Federal Housing Administration commissioner Brian D. Montgomery became a director on KUITY Corp.'s board.


Sam Garcia worked in mortgage lending for twenty years prior to becoming publisher of MortgageDaily.com in 2000.

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