Ex-Atlanta FHLB head joins Wall Street trade group

NEW YORK, April 19 (BestGrowthStock) – Richard Dorfman, the former
president and chief executive of the Federal Home Loan Bank of
Atlanta, joined a Wall Street trade group, three days after he
resigned from the home finance agency.

The Securities Industry and Financial Markets Association
said on Monday it appointed Dorfman as the managing director
and head of its securitization group.

The securitization group represents the biggest consumer
and credit lenders as well as investors that buy securities
backed by consumer loans.

The Atlanta FHLB is the second biggest in the Federal Home
Bank System, a government-sponsored enterprise that finances
mortgages banks make to U.S. home buyers.

Dorfman headed that regional FHLB from June 2007 until he
announced his resignation on Friday. Prior to that post,
Dorfman was a managing director who helped to oversee the
mortgage businesses at ABN AMRO and Lehman Brothers.

Stock Market Research Tools
(Reporting by Richard Leong; Editing by Padraic Cassidy)

Ex-Atlanta FHLB head joins Wall Street trade group