New Century Names CFO

Taj Bindra assumes the chief finance role on Nov. 15.
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New Century Financial

(NEW) - Get Report

has hired Taj Bindra to serve as chief financial officer.

He replaces current CFO Patti Dodge, who will move to the role of executive vice president of investor relations at the Irvine, Calif., company, effective Nov. 15.

Bindra joins the mortgage real estate investment trust (REIT) from

Washington Mutual

(WM) - Get Report

, where he served as executive vice president of mortgage banking, capital markets and servicing operations.