Ryland Group Inc., Columbia, Md., said Robert J. Gaw, executive vice president of Ryland Group and president of Ryland Mortgage Co., plans to retire in January.
Michael C. Brown, chief operating officer of Ryland Mortgage, will succeed Mr. Gaw as president, retaining the operating-chief post.
Mr. Gaw, a founding member of Ryland Group, who will stay on the board, joined the company in 1967 as controller. He later served as financial vice president, area manager of the Baltimore-Washington market, and president of Ryland Group. Mr. Gaw was instrumental in the formation of Ryland Mortgage Co. in 1978 and has served as its president since 1980.
Mr. Brown joined Ryland Mortgage in 1983 as assistant controller and has held a variety of executive positions.
Ryland, which says it's the nation's third-largest homebuilder, was 35th in originations nationally in the first half, up from No. 44 at yearend.
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American Home Funding, Richmond, Va., named Jason P. Bohrer executive vice president for secondary marketing and loan delivery.
Mr. Bohrer had been managing director for capital markets at GMAC Mortgage Corp., a leading mortgage lender.
American Home Funding is a subsidiary of Rochester Community Savings Bank, Rochester, N.Y.
In Costa Mesa, Calif., Strategic Mortgage Services has named Mark Lyons as vice president for its western region.
He had been national accounts director for Lenders Service Inc.
Strategic Mortgage provides appraisal, credit information, property title, settlement and other services to lenders nationwide.
