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MOVERS & SHAKERS CONTINUED FROM PAGE 35 Radian Guaranty Appoints Chief Policy Officer for Government Relations Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc., appointed industry veteran Phillip Bracken as the chief policy officer for government and industry relations. In the newly created position, Bracken is called to represent Radian on Capitol Hill by promoting a more traditional balance between private and public capital in the mortgage finance market. Clear Title Adds Senior Escrow Officer to Residential Team Clear Title Agency of Arizona expanded its residential team with the hiring of Colleen Frost as senior escrow officer. Frost joins Clear Title with 20 years' industry experience. In her new role, Frost handles refinances and short sales while working with a team of escrow officers, escrow assistants, business development managers, and executive team members. Long & Foster Hires Manager in Maryland and Sales Agents in Delaware Long & Foster Real Estate, Inc., hired a new manager to lead its office in Salisbury, Maryland. Suzanah Cain, a real estate veteran of 15 years, was selected to manage the location. Most recently, Cain worked out of Long & Foster's Ocean City, Maryland, office. Her work history includes experience as a title insurance professional and as a sales associate for Coldwell Banker Residential Brokerage as well as Long & Foster. The company also recently announced top producers Michael A. Porro and his partner, Cathy Truver (not pictured), joined the company's Greenville, Delaware, office, which just opened in December 2012. Porro, a 35-year real estate industry veteran, was previously affiliated with Patterson-Schwartz Real Estate before joining the Long & Foster team. Porro is also a founding member and current executive director of the Friends of Wilmington Park. RealtyTrac Appoints SVP to Help Expand New Network A new face has joined RealtyTrac's executive team as SVP of the RealtyTrac Network. Industry veteran Lisa Mackey was selected for the role and is charged with leading overall expansion of the recently launched licensed network for top brokerage companies. Previous roles Mackey held include SVP and regional manager for the East Coast region at Atlantic & Pacific Real Estate. Jones Lang LaSalle Names Three to Key Leadership Roles Jones Lang LaSalle grew its leadership team from coast-to-coast with three executive hires. John Scott joined the firm as EVP to enhance its capital markets services in the New York area and surrounding region. He was previously with Jones Lang LaSalle's London office, where he worked with teams in Europe, the Asia Pacific, and the Gulf region to service a global client base of institutional property fund investors and fund managers. The firm also announced the addition of 15-year industry veteran Andrea Howard as SVP in the Carolinas, responsible for strengthening the firm's apartment expertise in Charlotte and Raleigh, North Carolina, as well as the entire Southeast region. She previously served as SVP at Grubb Properties, leading the overall multifamily acquisition and disposition strategy. In 2011, she was selected by the Charlotte Business Journal as one of Charlotte's top "40 Under 40" business leaders. Joe Nydahl was appointed VP of multifamily investment brokerage by Jones Lang LaSalle, tasked with expanding the firm's expertise throughout Portland and the Northwest region. For the past eight years, he worked for Gerding Edlen Development in various phases of real estate development. Nydahl is LEED AP certified from the U.S. Green Building Council and is a licensed real estate broker in Oregon. Robert J. Jackson Attorney Selected for CMBA Leadership Program Robert J. Jackson and Associates, Inc., announced associate attorney Paymon Khatibi was accepted into the California Mortgage Bankers Association's (CMBA) Future Leaders Program. The Future Leaders Program is a year long professional development program for a group of select applicants who receive training and other opportunities. Cognitive Options Group Expands with Two New Hires Cognitive Options Group, a consulting firm specializing in mortgage compliance and loan due diligence reviews, announced two new hires as demand for its services grows. Dante Jackson was selected as the firm's new operations manager, and Michael Richardson was named director of special projects. Jackson joins the firm with 18 years' mortgage banking experience. Most recently, he served as the credit risk officer for HUD, where he oversaw credit risk issues in the agency's single-family housing group. Richardson, who has 27 years' experience in mortgage lending, has spent the past several years as an industry consultant specializing in the mortgage fraud and regulatory compliance sectors. Richardson has also served as president for several industry service providers. CONTINUED ON PAGE 39 36 CONTINUED FROM PAGE 35 Chicago for the last five months after improving the previous five, and down in Boston for four of the last five months. The year-over-year price gains were led by Phoenix, where prices rose 23.2 percent, consistent with a sharp drop in that city's unemployment rate, which fell from 8.3 percent to 7.3 percent in January. Prices rose 17.5 percent year-over-year in San Francisco, which saw its unemployment rate tumble from 8.1 percent to 6.8 percent. In Las Vegas, where unemployment fell from 13.3 percent to 10.4 percent in the last year, prices rose 15.3 percent. Price rose 13.8 percent in Detroit despite an increase in its unemployment rate from 18.8 percent to 19.8 percent. Three other cities saw doubledigit gains in prices in the last year: Atlanta (+13.4 percent), Los Angeles (+12.1 percent), and Minneapolis (+12.1 percent). In Atlanta, the unemployment rate fell from 11.7 percent to 11.2 percent in the last year; in Los Angeles, it dropped from 13.3 percent to 12.1 percent; and in Minneapolis, it increased from 5.5 percent to 5.8 percent. The 10-city composite, at 158.72, is down 29.9 percent from its June 2006 high of 226.29 and the 20-city composite, at 146.14, is off 29.2 percent from its July 2006 peak of 206.52. STAT INSIGHT $43.1 Billion Home finance balances written off in the first quarter of 2013, reflecting a five-year low. Source: Equifax

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