In many towns Principal Residential Mortgage would be the biggest player in the mortgage banking field. But in Des Moines its operation is dwarfed by Norwest Corp.'s giant mortgage unit.

The anonymity doesn't bother Principal's president and chief executive officer Paul F. Bognanno.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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