Stifel Financial (SF) announced the launch of an Agency Structured Products Group, ASPG, which has the mandate to expand the firm’s footprint in agency commercial mortgage-backed securities, ACMBS, and further enhance its fixed income origination products and services. Based in New York, the Agency Structured Products Group will be responsible for purchasing and securitizing Ginnie Mae project loans, as well as underwriting loans for government-sponsored enterprises and the U.S. Small Business Administration. To lead this new effort, Stifel announced the hiring of former Credit Suisse (CS) executives Karen Cady and Russell McKay as Co-Heads of the Agency Structured Products Group. Kavitha Vignarajah and Serif Ustun, also formerly of Credit Suisse, have joined the firm as Managing Director and Director, respectively.
Published first on TheFly
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