Career moves

Bingham McCutchen partner Edward Gainor, 56, has passed away from a heart attack.

Wells Fargo has appointed Avid Modjtabai as senior executive vice president and head of its new Wells Fargo Consumer Lending (WFCL) group.

Elizabeth Warren will step down Aug. 1 from her post as special advisor to the Treasury secretary at the Consumer Financial Protection Bureau (CFPB) and Raj Date, a high-ranking official at the new bureau, will replace her.

The White House nominee to be new Comptroller of the Currency said federal banking agencies need to work toward reassuring the public that robo-signings have stopped and foreclosure problems are being corrected.

RBC Capital Markets has hired three bankers for loan capital markets and European sponsor coverage, according to the bank.

Manhattan Capital Markets (MCM) has hired Bill Berliner as an executive vice president and head of its advisory services unit. Berliner is the Principal of Berliner Consulting & Research.

Capital Business Credit (CBC) has hired Peter Provenzale as a senior business development officer and senior vice president in its asset-based lending division.

As Washington's banking-policy community was focused on the first anniversary of the Dodd-Frank Act, one important player in the law's passage was noticeably absent.

Deer Park Road Corp., a distressed mortgage and ABS fixed-income securities manager, has strengthened its portfolio management team as the firm’s assets continue to grow, it announced in a July 20 statement.

Dechert has hired Jodi Schwimmer to join the firm’s finance and real estate practice as counsel.

Two Harbors Investment, a unit of Pine River Capital Management, has hired David Miller as a managing director to oversee business development and strategic initiatives.

Caliber Funding has added three new senior vice presidents to its executive management team.

Richard Cordray, the enforcement chief at the Consumer Financial Protection Bureau (CFPB), will be named to lead the new regulator, the Obama administration said Sunday.

The bank-owned PNC Mortgage Thursday confirmed that it hired mortgage industry veteran E. Todd Chamberlain as its president and chief operating officer beginning Aug. 8.

SNR Denton has hired Robert Bostrom as partner and co-head of the global financial institutions and funds sector, according to a press release from the law firm. The appointment is effective mid-August.

Steve Curry, a six-year veteran of Impac Mortgage Holdings, has left the lender to accept an executive vice president job with ClearVision Funding (CVF), a fast growing wholesaler based in Santa Ana, Calif.

President Obama on Tuesday officially appointed Carol Galante to serve as the new acting commissioner of the Federal Housing Administration (FHA), overseeing the agency's single family and multifamily programs.

Todd Chamberlain, a 25-year veteran of the mortgage industry and the head of residential lending at Regions Financial, left the company last week to take a job with a competitor, industry officials told National Mortgage News.

RBC Capital Markets has added a cohead of U.S. loan capital markets, the firm said.

GreensLedge Capital Markets has appointed Ken Wormser and David Powar as managing partners at the firm. Wil Fischer, Ninat Lekagul, and Aimee Means will also join the firm as managing directors, with Mark David, Naz Majidi, and Craig Reckin being named directors at GreensLedge.