Career moves

The Federal Housing Administration confirmed that it has hired a new multifamily director and a new chief risk officer.

Bill Twombly has joined the Risk Management Group (RMG) team as the managing director of RMG’s due diligence practice. He replaces Dante Jackson who has moved on to pursue other opportunities.

PIMCO has boosted its portfolio management analytics team by appointing three new investment professionals in its New York and London offices.

Lender Processing Services (LPS) hired Nancy Murphy as vice president of investor relations.

KGS-Alpha Capital Markets has expanded has boosted its CMBS trading team with the addition of Jeff Lewis, Kyla Wichser and Andrew Noonan. It has also brought on board a new chief strategist, Kamal Abdullah.

Although the issue has generally divided Democrats and Republicans, Rep. Scott Garrett, R-N.J. received bipartisan support — as well as a nod from a key regulator — Thursday for his latest proposal to reform the housing finance market.

Cantor Fitzgerald hired a former Gleacher & Co. credit chief to help lead its fixed-income group, the firm said today.

CIT Group launched its CIT Real Estate Finance, which will originate and underwrite senior secured real estate transactions in the Boston, New York City and Washington, D.C. areas.

Jones Day hired Martin Gates for its Cleveland Office as a partner in the banking and finance practice. He was previously a partner with Calfee, Halter & Griswold.

Because of still challenging market-making conditions, Credit Suisse Group is set to either downsize or cut altogether some securitization businesses and fixed-income units.

Jefferies appointed Guy Cornelius as a managing director and head of sterling credit sales. The firm also hired Christian Janssen as a managing director and head of commercial real estate debt capital markets Europe.

Galton Capital Management, the residential mortgage credit investment unit for Mariner Investment Group, appointed Tim Lynch as head of servicing oversight.

Fannie Mae Monday morning confirmed to ASR sister publication National Mortgage News that its multifamily unit is the subject of an Inspector General probe being conducted by the Federal Housing Finance Agency (FHFA).

Conyers Dill & Pearman appointed Charles Collis as head of the firm’s London office effective today as the firm continues to build its practice for clients across London and Europe.

FBR Capital Markets has made large cuts to its leveraged finance group, including high yield trading staff.

Buckley T. Ratchford, head of global bank loan trading and distressed investing at Goldman Sachs, will leave the firm at year’s end, according to an internal memo obtained by ASR sister publication Leveraged Finance News.

Both the chief executive officer and the chairman of the board of Freddie Mac are stepping down within the next few months, the Federal Housing Finance Agency (FHFA) said late Wednesday.

Holtmeyer & Monson promoted Penny Newbauer to executive vice president. The firm said it also hired Josh Miller as vice president to play a key role in driving the company's ongoing expansion.

Bank of America Corp. reshuffled top retail bank executives yet again this week, according to an internal memo obtained by ASR sister publication American Banker.

Guy Carpenter & Co. appointed Desmond Potter as managing director and head of GC Securities M&A Advisory – Europe, the Middle East and Africa (EMEA).