SunTrust Mortgage has named two new executive presidents, hiring industry veterans from PNC Mortgage and IBM Corp.

Peter Mahoney, who previously was managing director, mortgage markets with IBM, will be EVP, mortgage strategy at SunTrust.

Mahoney also has served as a managing director at Green Tree Servicing and deputy general counsel for Freddie Mac.

Jack Wixted, formerly chief risk officer at PNC, will now be CRO for SunTrust.

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