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Mcrowd Meet the Industry's MCrowd Who's Moving On and Who's Moving Up In the Industry Executive leadership changes captured national attention, as mortgage banking veterans and housing finance luminaries accepted new positions. Bob Anderson. In Houston, Southwest Securities, Inc., has added Bob Anderson as a senior leader for the firm's taxable fixed income unit. Naming Anderson an SVP, Southwest Securities hopes to utilize the housing finance industry veteran's extensive experience to enhance its institutional sales operations. Prior to joining Southwest Securities, Anderson served as managing director for CRT Capital, LLC, and he boasts more than three decades in the industry, focusing primarily on fixed income sales, trading, and portfolio management. Christina Danovsky. The American Legal and Financial Network (ALFN) is expanding its leadership lineup, promoting Christina Danovsky to SVP of business development. Joining the ALFN in 2008, Danovsky was VP of education and communications for the organization prior to being promoted. While serving as SVP of business development, Danovsky will be responsible for heading up relations with clients, members, servicers, and the government-sponsored enterprises. Alessandro DiNello. Flagstar Bancorp, Inc., has promoted Alessandro DiNello to president and chief administrative officer of company subsidiary Flagstar Bank (FSB). Previously the EVP of personal financial services for FSB, DiNello will focus on all banking operations, as well as the bank's compliance practices. DiNello joined FSB in 1979, and he has served in various senior management positions for the organization, including EVP of retail banking. David Durning. Prudential Mortgage Capital Company announced David Durning as the company's replacement for outgoing president David Twardock. Durning was previously the senior managing director and head of originations for Prudential Mortgage, joining the company in 1988 as an investment analyst. Durning, who will ascend to his new role following Twardock's retirement in April, is also currently a member of Prudential Investment's Management Investment Committee. Jay M. Ford. Establishing the bank's member director from the state of New Jersey, the Federal Home Loan Bank of New York voted to confirm incumbent Jay M. Ford. Hailing from Wildwood, New Jersey, Ford is the president and CEO of Crest Savings Bank, and in his position for the FHLB of New York, he will serve a four-year term, which will remain active through December 31, 2016. David Hanafee. In San Francisco, Capsilon has appointed David Hanafee to its executive team as VP of worldwide sales. Hanafee has more than 25 years' experience, and prior to joining Capsilon, he was the sales and business development principal for a consulting firm and the senior director of corporate sales for a software development firm. In his new role for Capsilon, Hanafee is responsible for spearheading the company's direct and indirect sales efforts. James Hecht. California's Stearns Lending, Inc., is welcoming a new executive, recently appointing James Hecht as EVP of strategic development. Hecht has more than 20 years' experience in mortgage banking sales and operations, and prior to joining Stearns, he served as EVP of national retail and builder production for Nationstar Mortgage. In his role for Stearns, Hecht will serve the company in Dallas, providing oversight for growing operations in the North Texas market. Cade Holleman. Joining the American Legal and Financial Network (ALFN) in a recently created position, Cade Holleman was named assistant VP of government affairs and communications. Holleman has previously been the executive director of the National Association of Women REO Brokerages, and as assistant VP for the ALFN, Holleman will monitor legislative and regulatory processes and manage the group's advocacy, communications, and government outreach. 20 | The M Report