Two Harbors Investment names new chief investment officer

Two Harbors Investment Corp., an agency and MSR mortgage real estate investment trust, has named Nicholas Letica (pictured right) as head of its investment and hedging strategy as chief investment officer.

In his new role, Letica will report to William Greenberg, the company’s former chief investment officer who has transitioned to president and chief executive officer.

Letica, a 30-year mortgage veteran, joined Two Harbors from TD Securities, where he served as a managing director and co-head of securitized product sales and trading. Before that, Letica spent four years at Cello Capital as managing director and senior portfolio manager. He also held a similar position at Citigroup Global Markets, where he worked in the mortgage sales group.