GMAC-RFC Senior Vice President of Securitization Management Diane Wold will be moving over to General Motors Acceptance Corp. sister unit Residential Capital Corp. as head of investor relations and corporate finance, reporting to CFO Louise Hurley. Taking over her securitization duties at GMAC-RFC will be Lisa Lundsten. Wold will continue her role as American Securitization Forum executive board member.
Bear Stearns has hired Akihiro Iisaka to be part of the firm's residential mortgage-backed business in Japan. Iisaka, formerly from Aozora Bank Ltd., will be working in the group headed by Ross Antoci, senior managing director and head of MBS in Tokyo. Iisaka will be starting this week.