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National Mortgage News

| January 22, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Mortgage Banking

California

Novato- Allen S. Friedman has been named as national wholesale manager of PCM Financial Services, a subsidiary of Pacific Capital Mortgage. He will be responsible for leading a national expansion effort for the wholesale lending division. Mr. Friedman was most recently with Washington Mutual Bank.

San Francisco- The Federal Home Loan Bank of San Francisco has named Herbert M. Sandler to serve as an industry director for California.

He is also the chairman of the board and chief executive officer of Golden West Financial Corp. and its two subsidiaries, World Savings and Loan and World Savings Bank, FSB.

Massachusetts

Boston- Paul G. Ricchi has been appointed as vice president of commercial lending for Metro West Bank. He will be responsible for growing the bank's existing Boston commercial loan portfolio. Mr. Ricchi's prior experience includes serving as in similar positions with banks and financial institutions in Massachusetts and Rhode Island.

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Source: HighBeam Research, People.

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