Amherst Securities Group, a financial services provider to institutional investors in the mortgage industry, tapped a 22-year Bear Stearns veteran to lead the fixed-income sales group. Dan Hoffman brings more than 20 years of experience in fixed income and mortgage-backed securities to the position at Austin, Texas-based Amherst. In his role at Bear Stearns, Hoffman was responsible for all residential mortgage products, asset-backed securities and commercial mortgages. He joins Amherst from Royal Bank of Scotland Group (RBS) where he served as managing director of sales since 2008. “With the markets continuing to show signs of improvement, we are thrilled to add such a seasoned fixed income professional as Dan,” said Amherst chairman and CEO Sean Dobson in a press release. “His experience and expertise, particularly as an effective sales force manager at both Royal Bank of Scotland and Bear Stearns, significantly strengthen our ongoing efforts to meet the growing needs of our institutional clients.” Hoffman will work from Amherst’s New York office. Write to Diana Golobay. Disclosure: the author holds no relevant investments.
Amherst Securities Taps Bear Stearns Veteran to Lead Fixed-Income Sales
May 20, 2010, 12:01pm
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Latest Articles
Test
The story for the housing market over the past three years has been, “Home sales are down, home prices are up.” Because inventory was so restricted after the pandemic, prices pushed higher even as demand weakened. That story may finally be inverting as unsold inventory of homes is now great enough that home prices are […]
-
Freddie Mac’s Donna Spencer on their Servicing Excellence initiative
-
Lower mortgage rates attracting more homebuyers
-
Rocket Pro TPO raises conforming loan limit to $802,650 ahead of FHFA’s decision
-
Show up, don’t show off: Laura O’Connor is redefining success in real estate
-
Between the lines: Understanding the nuances of the NAR settlement
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio