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Private National Mortgage Acceptance Corp. plans to make a big splash in warehouse lending and late last week unveiled the leader of the effort: Paul Szymanski, once a top warehouse executive at the No. 1 player in that niche, Bank of America.
July 1
Bank of America Corp. has named Mike Hall to replace Paul Szymanski as the head of its warehouse lending business.
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Szymanski left B of A to reunite with former Countrywide Credit Industries president Stanford Kurland and start a warehouse lending business at PennyMac.
Hall has been with B of A since 2003, and was most recently correspondent lending national accounts executive.
