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MountainView Hires Managing Director for Mortgage Sales and Trading

""MountainView Capital Holdings"":http://www.mvch.com has announced the hiring of Robert Wellerstein as a managing director in its mortgage and fixed income sales and trading units.

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Wellerstein is an industry veteran with a broad range of experience in sales and trading of mortgage loans, mortgage servicing rights, and fixed income securities. He will be based in Los Angeles.

""Robert brings experience, knowledge, and relationships to our platform and will enhance MountainView's ongoing growth and success,"" said Michael Morgan, CEO of Moun-

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tainView Capital Holdings. ""As we continue to expand our firm's capabilities in the mortgage and fixed income capital markets, his hiring further demonstrates our commitment to providing our institutional clients with a wide range of valuable services.""

Wellerstein joins MountainView from Banc of Manhattan Capital, where he was SVP of whole loan and fixed income sales and trading.

He previously worked 17 years at Countrywide Securities Corporation and was responsible for sales of all fixed income products, including agency servicing portfolios, residential whole loan pools, mortgage-backed securities (MBS), and Community Reinvestment Act loans.

Wellerstein began his career with Hamilton, Carter, Smith and Company, where he facilitated sales of Fannie Mae, Freddie Mac, and Ginnie Mae mortgage servicing rights (MSR) and marketing of MSR portfolio valuation services.

""I am excited to join the dynamic team of talented individuals MountainView has assembled over the years,"" Wellerstein said. ""Our industry is experiencing unprecedented changes and MountainView is uniquely positioned to address those changes.""