Capital IQ Power Moves

American Capital Agency announced that its board of directors has appointed Gary Kain as the company’s senior vice president and chief investment officer. Mr. Kain will succeed Russell Jeffrey, who will be pursuing the full time management of Providence Investment Management. Mr. Jeffrey will continue to serve as a senior advisor to AGNC. Mr. Kain most recently served as senior vice president of investments and capital markets of the Federal Home Loan Mortgage. He was also the head trader in Freddie Mac’s Securities Sales & Trading Group where he was responsible for managing all trading decisions including REMIC structuring and underwriting, hedging all mortgage positions, income generation and risk management.-Mortgage Servicing News