Career moves

Fannie Mae Appoints General Counsel

Bradley Lerman was appointed as Fannie Mae executive vice president, general counsel and corporate secretary effective Oct. 1, the GSE said today in a release.

ResCap Creditors Seek Reorg Deadline

ResCap is seeking a nine-month extension of its exclusive right to file a reorganization plan that would settle legal claims related to Ally and MBS investors.

Mark Adelson Leaves S&P

The industry veteran,who most recently served as a senior research fellow at Standard & Poor's, has left the firm to pursue other interests.

UBS Fixed-Income Leader to Leave

A UBS fixed-income cohead is planning to leave the firm next month, a representative confirmed. Eric Rosen, who serves as co-head of UBS’s fixed income business for the Americas, is departing the investment bank to reportedly launch a hedge fund.  The group’s other co-head, Matthew Zola, will lead the group on his own after Rosen’s departure. Rosen will […]

SunTrust’s Retail Mortgage EVP Departs

SunTrust Bank, one of the largest mortgage lenders in the U.S., is looking for a new executive to manage retail production after the departure of Martha Simmons Scott. According to industry officials close to situation, Scott recently left the bank’s SunTrust Mortgage division where she held the title, executive vice president/national retail production manager. Her […]

SNR Denton Adds to Capital Markets Group

SNR Denton has hired Kenneth Wright Jr. as a partner in its capital markets practice. Wright was previously at Skadden, Arps, Slate, Meagher & Flom and will be based in SNR Denton’s New York office. Wright represents issuers, underwriters, placement agents, dealers, credit enhancers, among others, in a various types of financial transactions. He has acted as counsel in public […]