Career moves

Barbara Desoer, the president of Bank of America's home loans division who was once considered a possible successor to former Chief Executive Ken Lewis, will retire at the end of February, BofA said Friday.

Mark Gollin has joined Carlton as managing director who will run the company's European capital markets business.

CoBiz Financial will begin providing asset-based loans to middle market businesses through its newly formed CoBiz Structured Finance.

It appears that possible salary and bonus caps at the GSEs are not hurting the recruiting efforts of at least Fannie Mae.

Ally Financial just can't escape its troubled mortgage unit, which dragged the company's fourth-quarter results into the red on Thursday.

The Securities and Exchange Commission (SEC) charged four former investment bankers and traders at Credit Suisse Group for their "complex scheme to fraudulently overstate" the value of $3 billion in subprime bonds during the subprime credit crisis' height.

Third-party review firm Allonhill hired Lorie Helms as Chief Technology Officer. The new hire

Hogan Lovells has expanded its New York finance practice by adding Peter Humphreys and Evan Koster.

Philadelphia-based financial services firm Janney Montgomery Scott has expanded its capital markets group with new hires and plans to open an office in Dallas.

Boutique investment bank The Williams Capital Group has added a new division called Eland Capital to address structured finance opportunities for corporate, federal, state and local government clients.

Seyfarth Shaw hired Frank Burke for the firm’s Los Angeles offices as a litigation partner.

Pillsbury has hired Anthony Schouten and Jeffrey Stern for its finance group as partners in New York.

The law firm of Shearman & Sterling has named a new deputy head to its leveraged finance group.

Cantor Fitzgerald has made key appointments for its high yield, investment grade and research groups as part of the build out of its global credit fixed-income platform and capabilities.

Fannie Mae's final multifamily issuance numbers for 2011 are in and they reflect a 50% increase from the previous year, according to an executive at the GSE.

Former Fannie Mae CEO Daniel Mudd, who was named last month in a mortgage-related Securities and Exchange Commission fraud suit, has officially resigned from publicly traded investment manager Fortress Investment Group and its board, ending a leave of absence.

Cantor Fitzgerald & Co. plans on doubling its ABS and covered bond trading and sales European unit this year, according to a Bloomberg report.

The American Securitization Forum (ASF) might have just kicked of its ASF 2012 event but it’s already planning ahead and announced today that it will again host the annual shindig in Las Vegas in 2013.

Robust attendance is expected at the American Securitization Forum's (ASF) ASF 2012 to be held in Las Vegas' ARIA hotel and convention center starting this Sunday, Jan 22. The conference will last until Wednesday, Jan 25.