Links Securities Inc. appointed David Brindley and Jonathan Davis managing directors to develop a residential mortgage whole-loan business that will include origination, securitization, and settlement.

The New York broker-dealer's new group will focus on building relationships with small to midsize mortgage bankers that focus on subprime, high-loan-to-value, commercial, and alternative-documentation mortgages, said J. Todd Morely, chief executive.

"We think the smaller to medium-size firms are underserved," Mr. Morely said.

Mr. Brindley and Mr. Davis previously worked at Donaldson, Lufkin & Jenrette Securities Corp. Mr. Brindley was a senior vice president in mortgage sales, focusing on the purchase and sale of conforming and nonconforming mortgages, servicing hedge strategies, and subprime originations.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.