In what market sources are characterizing as one of many recent "significant defections" from the mortgage-backed securities department of Donaldson, Lufkin & Jenrette Securities Co., market veteran James Titus, most recently senior vice president and director of ABS and MBS research at DLJ, left the company on Friday, Feb. 26, to join GMAC Commercial Mortgage Corp.'s real estate services group as senior vice president.

Titus begins his new position at GMAC today.

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