Dan Castro has left GSC Group for Huxley Capital Management, a start-up private equity company/hedge fund, where he will be chief risk officer. In his new position, Castro will be working alongside founders Bryan Caisse and Dr. Chris Donegan.
Theodore Foster, who was senior vice president in MBS at Ginnie Mae, is leaving the agency after 19 years. Steve Ledbetter, who was formerly a senior advisor at Ginnie Mae, will be the acting SVP for MBS. ASR sister publication National Mortgage News reported that Foster is leaving for Minneapolis to work for Wells Fargo Bank. National Mortgage News also reported last Thursday that Michael Frenz, executive vice president at the agency, returned to his post roughly four weeks ago. He had been assigned by the Department of Housing and Urban Development to work in another section of the department.