Ken Mulford last week resigned from Citigroup group for what was described as "personal reasons" by a banker at the firm. Further details are pending.

Mulford, formerly a managing director in the credit department at American Capital Access (ACA), joined Citi's mortgage finance group in August 2002. Mulford had only been at ACA for a few months. In June 2002, he moved over to ACA from Merrill Lynch's mortgage-related ABS group, where he had been for five years.

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