Dime Bancorp said Richard A. Mirro, president and chief operating officer of North American Mortgage, will succeed Fred B. Koons as chairman and chief executive officer of Dime's mortgage unit.

The unit, North American Mortgage Co. of Tampa, Fla., is the seventh- largest residential lender in the country. For the first nine months of 1998, North American Mortgage originated more than $20 billion of residential loans, with a servicing portfolio of about $40 billion.

Dime reported a net income of $61.7 million for the fourth quarter of 1998, compared with $21.5 million for the same quarter in 1997.

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.