UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES AND EXCHANGE ACT OF 1934
April 22, 1999
(Date of report)
HomeSide Lending, Inc.
(Exact name of registrant as specified in its charter)
Florida 1-12979 59-2725415
(State or other jurisdiction (Commission file number) (I.R.S. Employer
of incorporation) Identification No.)
7301 Baymeadows Way, Jacksonville, FL 32256
(Address of principal executive offices) (Zip Code)
(904) 281-3000
(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Events
On April 13, 1999, HomeSide Lending, Inc. ("HomeSide Lending"), the primary
operating subsidiary of HomeSide International, Inc. and an indirect
wholly-owned subsidiary of National Australia Bank, Ltd. announced the
appointment of Hugh R. Harris as Chief Executive Officer, Kevin D. Race as
President and Chief Operating Officer and W. Blake Wilson as Chief Financial
Officer. In addition, Kevin D. Race was appointed to the Board of Directors. Joe
K. Pickett, former Chief Executive Officer will remain as Chairman of the Board.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit 99.1 - Press Release dated April 13, 1999
Signatures
Pursuant to the requirements of the securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
HomeSide Lending, Inc.
(Registrant)
Date: April 22, 1999 By: /s/ W. Blake Wilson
-------------------------------------
W. Blake Wilson
Executive Vice President,
Chief Financial Officer and Treasurer
(Principal Financial and Accounting
Officer)
Exhibit 99.1
FOR IMMEDIATE RELEASE
HOMESIDE ANNOUNCES NEW OFFICER APPOINTMENTS AND WOLRDWIDE HEADQUARTERS LOCATION
JACKSONVILLE, FL., April 13, 1999 -- HomeSide Lending, Inc., the primary
operating subsidiary of HomeSide International, Inc. and one of the largest
residential mortgage companies in the world, announced today that Hugh R. Harris
has been appointed Chief Executive Officer. Mr. Harris has served as HomeSide
Lending's President and Chief Operating Officer for the past six years.
(HomeSide Lending, Inc. is the successor to BancBoston Mortgage Corporation.)
Mr. Harris succeeds Joe K. Pickett, who will continue in his capacity as
Chairman of the Board. Mr. Pickett will also continue to serve as Chairman and
Chief Executive Officer of HomeSide International, Inc.
HomeSide Lending, Inc. also announced other officer appointments that
become effective immediately. Kevin D. Race, who held the position of Chief
Financial Officer, was appointed President and Chief Operating Officer. Mr. Race
joined HomeSide in 1996 after serving as President of Fleet Mortgage Company. W.
Blake Wilson, who served as Executive Vice President of Secondary Marketing and
Capital Markets, was appointed Chief Financial Officer. Along with his new
responsibilities, he will continue in his role as Director of Secondary
Marketing and Capital Markets. Mr. Wilson joined HomeSide in 1996 after serving
in the Capital Markets Group at Prudential Home Mortgage.
In announcing these appointments, Mr. Pickett said, "It is with great
pleasure that I announce Hugh's appointment as Chief Executive Officer of
HomeSide Lending. I have worked with Hugh for many years and have witnessed his
unwavering commitment to HomeSide, its employees, customers and shareholders."
Mr. Pickett added, "The appointments of Hugh, Kevin and Blake position HomeSide
to move forward with its strategy for domestic growth and global expansion."
HomeSide also affirmed that it will manage the global mortgage servicing
and wholesale lending activities of the National Australia Bank Group out of
Jacksonville, Florida, the site of HomeSide's international headquarters. Mr.
Pickett has returned to Jacksonville, after spending the last year in Melbourne,
Australia, to join the other members of HomeSide's global executive team, many
of whom will be assuming larger global roles.
"HomeSide selected Jacksonville as its international headquarters because
Jacksonville is HomeSide's center of excellence," said Mr. Harris. "With our
continued growth in the United States and our plans well underway in Australia,
we are now focusing attention on the third element of our global strategy,
expansion in Europe," Mr. Harris added.
HomeSide International, Inc., a subsidiary of National Australia Bank, is
the parent of HomeSide Lending, Inc., one of the world's largest full service
residential mortgage companies. Headquartered in Jacksonville, Florida, HomeSide
is ranked as the ninth largest producer and sixth largest servicer of
residential mortgage loans in the United States. With a servicing portfolio of
$139.7 billion, HomeSide services the mortgage loans of well over 1.6 million
homeowners. Additional information about HomeSide is available on its Internet
Web site, www.homeloan.com.
