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Glen Allen, Va.-Based Residential Mortgage Company Names New Chairman.

Richmond Times-Dispatch (Richmond, VA)

| December 10, 2003 | COPYRIGHT 2007 Richmond Times-Dispatch. (Hide copyright information)Copyright

Dec. 10--Saxon Capital Inc., a residential mortgage lending and servicing company based in Glen Allen, announced that Richard A. Kraemer has been elected chairman of the board, effective immediately.

The move follows Edward G. Harshfield's resignation of the chairman as a result of increased responsibilities in other business activities. Harshfield will continue to serve on the board of directors.

Kraemer has been vice chairman of the Saxon board since 2001. …

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