Items Tagged with 'Thomas Marano'

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  • Ditech Holding Corp. names Thomas Marano CEO and president

    Also appoints Ritesh Chaturbedi to serve as chief operating officer
    The nonbank formerly known as Walter Investment Corp. named a new CEO on Wednesday. Ditech Holding Corp. announced Thomas Marano, currently chairman of the board, has been appointed to also serve as CEO and president. The company also announced it has hired Ritesh Chaturbedi to serve as chief operating officer.
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  • GMAC's ResCap Wades Back into Warehouse Waters

    The recent reports of Wells Fargo & Co.'s [stock WFC][/stock] plan to return to warehouse lending is prompting other lenders to reconsider a return to the lending space. The mortgage-lending business operating within recently bailed-out GMAC LLC, called Residential Capital LLC (ResCap), said Thursday its growing business relies on the warehouse lending industry.
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  • ResCap Shuffles Executive Team

    It didn't take long for the ex-Bear Stearns mortgage hands to move to the front of the pack at Residential Capital, LLC, with GMAC Financial Services announcing Tuesday that Thomas Marano had been named chairman and chief executive officer, effective immediately, replacing current CEO Jim Jones.
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  • ResCap Nabs Capital Markets Vet from Wells Fargo

    Residential Capital, LLC -- the troubled mortgage arm of GMAC Financial Services -- said Monday that it had hired Thomas Neary as executive vice president and senior managing director of capital markets for the company. Neary will report directly to ResCap non-executive chairman Thomas Marano and ResCap CEO Jim Jones. "Tom is a great addition to the ResCap senior management team," said Marano. "His leadership and vision will allow us to leverage our core strengths to navigate the current market environment."
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