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Guggenheim Creates Whole Loan Group

Guggenheim Capital Markets, New York-based subsidiary of Guggenheim Partners, has added a whole loan group to further expand its specialized fixed-income capabilities, according to today’s company release.

Mary Glass-Schannault and Gretchen Verdugo will serve as managing directors of the group, and will work under Managing Director Ron Iervolino.

The whole loan group will research, source and price residential loan products, including: first and second lien products, performing, re-performing, sub-performing and non-performing loans, fixed and adjustable rate loans, agency loans and other residential mortgage asset classes.

Previously, Glass-Schannault was most recently at Opteum Financial.  She was also principal executive officer and a founder of Impac Mortgage Holdings and Impac Commercial Holdings

Verdugo formerly served as executive vice president, chief financial officer at Impac Cos. and as senior manager at KPMG in the mortgage and structured finance group. She was also CFO of Bay Federal Credit Union.

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