Clayton Holdings LLC, a global provider of mortgage and real estate market risk management solutions, announced that Brian Wornow has joined the company as Senior Managing Director of Lending Services.
In this new position, Wornow will lead a new line of business focused on expanding Clayton’s capital market and whole loan services offerings to Wall Street, hedge funds, aggregators and money managers, private equity firms, REITs, and investment companies.
Wornow was Managing Director and Co-head of Morgan Stanley’s residential mortgage whole loan trading business prior to his new role, where he oversaw all facets of sourcing, marketing, trading, and risk management of the business. Prior to Morgan Stanley, he held executive and managerial roles at UBS Securities LLC, MortgageIT LLC (a wholly owned subsidiary of Deutsche Bank Securities), and PriceWaterhouseCoopers.
“Brian’s deep knowledge of the mortgage and capital markets will help Clayton develop and enhance our customized origination, review and surveillance solutions for whole loan acquirers and their funding sources,” said Jeff Tennyson, Clayton’s COO. “Brian is a strong addition to Clayton’s management team and an example of our commitment to providing our clients with creative and industry leading solutions.”
Wornow holds a bachelor’s degree in Economics from the State University of New York–Binghamton and a law degree from the University of Wisconsin–Madison, as well as series 7 & 63 securities licenses.