Andrew Davidson & Co., Inc.announced the hiring of fixed-income specialists Kyle Lundstedt and John Ferrante to lead the development of RMBS credit models and to enhance the company's loan-level prepayment models. Previously a co-founder and managing director of VaRisk, Lundstedt has experience developing customized risk models for large financial institutions.
John Ferrante co-founded VaRisk with Lundstedt and was also senior software engineer for the firm. Ferrante previously worked at Bank of America as an applications software engineer and vice president in the interest-rate risk group, as well as working with Lundstedt at Loan Performance.
"The addition of Kyle and John will allow us to provide our clients with further tools to analyze and understand complex mortgage-backed securities and to evaluate the credit risk of mortgage loan portfolios," said Andrew Davidson, president of Davidson, adding, "It is wonderful to be able to include such great talent in our team."
