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Wells Fargo Securities names co-heads of mortgage finance group

Wells Fargo Securities has appointed Ari Kavour and Mike Llodra co-heads of its mortgage finance group.

Kavour led Wells Fargo Securities' residential mortgage backed securities/mortgage trading team. Llondra most recently served as head of asset-backed finance and securitization capital markets, which he will continue to oversee until his successor is named.

The mortgage finance group provides capital markets solutions and financing in the form of warehouse and term financing to companies and investors that own, originate or invest in residential real estate loans or securities.

Wells Fargo Securities is the investment banking and capital markets business of Wells Fargo & Co.