In Brief: Internet Start-Up Adds 2 Managing Directors

director in charge of sales.

Ms. Garrity joins the Internet mortgage start-up from Norwest Mortgage, where she was in charge of corporate and affinity-sponsored mortgage business.

Before that, she was an executive vice president of Residential Services Corp. of America, the holding company of Prudential Home Mortgage. Norwest acquired Prudential Home Mortgage in 1996.

Nexstar also named Jack Martin managing director and chief information officer. Mr. Martin had the same titles at Residential Services Corp. and Prudential Home Mortgages. He has also worked at Citizens Financial Group, Bank of New England, and BankBoston Corp.

Nexstar was founded earlier this year by Marvin I. Moskowitz, former chairman of Residential Services Corp., and Richard G. Thornberry, former president of Citibank Mortgage. The firm has the backing of venture capital firm Kohlberg Kravis & Roberts.

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