Pedestal Inc., the Internet network for secondary mortgage trading, has hired four mortgage executives for its national sales force. Each was named managing director for sales and marketing in a geographical region.

Stephen Hoff, 51, former president of Hamilton, Carter, Smith & Co., will cover the West. James Strauss, 36, former vice president at PNC Mortgage Securities Corp., the Northeast.

Laura Sutherland, 36, former senior vice president of the correspondent lending and bond division at First Nationwide Mortgage Corp., will cover the Southwest. And Tim Bernard, 34, a former vice president and regional sales manager for Norwest Mortgage, the Northwest and Midwest.

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