Government National Mortgage Assn. President Raoul Carroll...

Government National Mortgage Assn. President Raoul Carroll has resigned to take a position as chief operating officer at M.R. Beal & Co. in New York. Carroll will begin Dec. 1 at M.R. Beal, where his responsibilities will include overseeing marketing, compliance and procedures and helping expand sales and trading of corporate and mortgage-backed securities.

M.R. Beal is one of several women- and minority-owned brokerages that, along with larger Wall Street firms, underwrite the Resolution Trust Corp.’s mortgage-backed issues.