Skip to main content

MBA's Courson applauds Bank of America's "clarity commitment"

Apr 26, 2009

Amherst Securities Group hires experienced mortgage sales team to bolsters its midwest presenceMortgagePress.comAmherst Securities Group LP, RMBS, MBS, asset-backed securities Amherst Securities Group LP, a broker-dealer specializing in residential mortgage-backed securities (RMBS), has announced that it has added a veteran team of mortgage-backed securities (MBS) and asset-backed securities (ABS) salespeople at its Chicago office, strengthening the firm's already extensive ability to provide critical analysis and trading solutions to clients. Ryan Mullaney, a former managing director at RBS Greenwich Capital whose career in MBS sales spans 24 years, has been appointed to manage the Chicago office. Joining him are Michael Brunso, Michael Carothers and Ryan Clinton, all of whom will work in sales beginning today and who also previously worked at RBS Greenwich Capital. Sean Dobson, chief executive officer of Amherst Securities Group, said, "I am pleased to welcome such an experienced team of salespeople to Amherst. Ryan and his team have worked together for many years and bring a proven track record of success through various economic cycles. Their analytical approach, innovative ideas and existing relationships on Wall Street are a perfect fit for Amherst's entrepreneurial culture and will add tremendous value to our customers." "I am very excited to join Amherst, which has quietly built a reputation for having the strongest, most reliable team of traders and best analytics available in the MBS space," said Mr. Mullaney. "Together with my colleagues, we look forward to building on that reputation and helping deliver growing value to the company's clients in good markets and bad." In his new role as senior managing director, Mullaney will manage the new Chicago office, serving as the licensed general securities principal and working closely with Amherst's executive management team. For the past 15 years, he has held the position of Regional Sales Manager and Managing Director at RBS Greenwich and was responsible for opening and building the companys sales office in the Midwest. During his tenure, he strengthened the Midwest office's presence in MBS, ABS, CMBS, Agencies, Rates and Derivatives. Prior to working at RBS Greenwich, Mr. Mullaney worked at Merrill Lynch for nine years as Director and Head of the Midwest Bank and Thrift Sales group. He holds an MBA from the Kellogg School of Management at Northwestern University. Michael Brunso, who joins Amherst as senior vice president in sales, was previously Managing Director of MBS/ABS sales at RBS Greenwich, where he sold mortgage-backed, asset-backed and commercial MBS for 13 years. Prior to that, Brunso worked at Merrill Lynch for ten years in MBS and ABS sales and held the position of director and head of the Total Return Mortgage Sales group. He received his MBA from Indiana University. Michael Carothers joins Amherst as senior vice president in sales. While at RBS Greenwich, he held the role of Managing Director in MBS and ABS Sales and covered top-tier money managers, commercial banks, FHLB's, insurance companies and hedge funds. Previously, Mr. Carothers worked in fixed-income sales at Merrill Lynch for 12 years. He earned his MBA from Northwestern University's Kellogg School of Management. Ryan Clinton joins Amherst as senior vice president in sales. He previously worked as a Managing Director specializing in structured product sales at RBS Greenwich for 13 years, where he covered institutional clients including banks, insurance companies and money managers from the Chicago regional office. He graduated with a BA from University of Vermont. For more information, visit www.amherstsecurities.com.
About the author
Published
Apr 26, 2009
UWM, UMortgage Under Attack For Alleged Shell Scheme

A report released on April 25 by the hedge-funded media company alleges UWM set up a shell company, UMortgage.

Apr 25, 2024
More Questions Than Answers At Housing Finance Climate Summit

Government officials, housing leaders, and climate scientists meet to address climate change's escalating impact on housing.

Apr 22, 2024
Maximum Acceleration, Originator Connect Network Sign Exclusive CE Agreement

Pact gives OCN guaranteed live CE at shows, creates nationwide opportunity for Maximum Acceleration

Apr 17, 2024
CMG Acquires Norcom Mortgage's Retail Side

The 25-branch addition will enhance CMG’s northeastern presence from Maryland to Maine.

Apr 12, 2024
CFPB Weighs Title Insurance Changes

The agency considers a proposal that would prevent home lenders from passing on title insurance costs to home buyers.

NEXA Begins Search For New CFO

NEXA CEO retires the president position after Mat Grella's termination.

Apr 01, 2024