Career moves

Auriga USA has boosted its fixed-income U.S. sales and trading operations with various new product lines.

Freddie Mac's new chief executive, Donald Layton, urged critics to keep an open mind about the troubled GSE and pledged to focus on "the nuts and bolts" to improve efficiency.

TriLyn has formed an investment management platform focused on opportunities in high yield commercial real estate (CRE) debt.

A major shake up in the senior ranks at Arch Bay Capital has taken place with several departures from the company, according to three nonperforming loan investors that have conducted business with the firm.

Freddie Mac on Thursday named Donald Layton, who previously held executive positions at E*Trade and Chase, its CEO.

Mayer Brown has hired Barbara Goodstein as a partner in the banking and finance practice in New York. She was formerly a partner with Dewey & LeBoeuf.

Federal Deposit Insurance Corp. (FDIC) Acting Chairman Martin Gruenberg will be delivering the keynote address at the American Securitization Forum's (ASF) annual meeting.

Bill King joined Carrington Holding Co. as its chief investment officer and head of asset and risk management.

Cairn Capital has appointed Philippa Charlton to form part of its ABS team. She will focus mainly on building its secured funding asset management or SFAM unit, according to several published reports.

Mayer Brown has hired David Stewart as a partner in its real estate practice. The new hire was formerly a partner with Latham & Watkins in New York.

In 2004, I had the unique distinction of being perhaps the only person in history to have the U.S. Senate place a bounty on his head. I didn't rob a train. My crime was leading a federal investigation into misconduct at Fannie Mae.

PrinceRidge has hired five new directors to its RMBS unit. With these additional hires, the firm's RMBS group has grown to more than 24 people.

Fitch Ratings has appointed John Miles as head of Fitch Australia effective immediately. Based in Sydney, he will be responsible for managing the rating agency's day-to-day business operations in Australia and New Zealand.

Daiwa Capital Markets America has hired Michael Marsallo and Mark Schultz to lead its MBS passthrough desk.

Clayton Holdings hase hired Jenine Fitter as senior managing director of business development.

Jules Kroll, a corporate investigations pioneer whose namesake firm once pursued hidden assets linked to dictators Saddam Hussein and Jean-Claude Duvalier, relishes the idea of chasing down the major bond rating agencies: Moody’s Investors Service, Standard & Poor’s and Fitch Ratings.

Independent third-party review firm Allonhill hired Maria Sedlack as director of investor relations management.

U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan will testify before Congress next Tuesday regarding efforts to allow more Americans to refinance their mortgages.

Schroders has made new hires to its fixed-income team to enhance its capabilities in the emerging market debt (EMD) relative return sector.