Citigroup's Bill Beckman will step down as the firm's top mortgage executive in order to spend more time with his family, according to published reports.
Before becoming president of CitiMortgage in July 2005, Beckman became president of Citigroups Student Loan Corp. in 1997 and served as chief executive officer of the unit from 1998 until 2001.
He also headed Citigroups specialty lending group before becoming president of real estate servicing and technology in April 2003.
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