PennyMac Financial Services and PennyMac Mortgage Investment Trust (collectively called Pennymac for short) announced the appointment of Kevin Ryan as senior managing director, chief strategy officer. Ryan most recently served as chief financial officer at Better following more than two decades at Morgan Stanley.
Pennymac also announced that Marshall Sebring has been promoted to senior managing director, chief investment officer. Sebring joined the company in 2024 to lead portfolio risk management after serving in executive roles at JPMorgan Chase and BlackRock.
Additionally, Shiva Iyer will assume the role of senior managing director, chief enterprise risk officer at Pennymac. Iyer, who joined the company in 2016, served as senior enterprise risk officer before being promoted to chief audit executive. He previously held executive roles at MUFG and Bank of America.
LoanDepot announced the appointment of Adam Saab as executive vice president of servicing. Saab has more than 25 years of experience in mortgage servicing and subservicing, most recently with Cenlar. He has also held senior leadership roles at CitiMortgage, PNC Bank and LoanCare.
LoanDepot also announced the promotions of Mary Bane to senior vice president of production for the Northeast/Central division and Alec Hanson to senior vice president of production for the West division. Based in Chicago, Bane joined loanDepot in 2015 as a regional vice president to develop the company’s Midwest presence. Hanson joined loanDepot in 2011 when the company acquired iMortgage, and has since held several leadership positions, including chief marketing officer and head of revenue development and growth.
Click n’ Close announced the appointment of Ian Kimball as president. Kimball most recently served as executive director of strategy at Service First Mortgage after holding senior leadership positions at Caliber Home Loans, Bank of America Home Loans and Wells Fargo Home Mortgage.
The American Land Title Association (ALTA) announced that David A. Townsend has been named ALTA president for the 2025-26 association year. A member of the ALTA Board of Governors since 2018, Townsend founded Agents National Title Insurance Co. in 2005 and currently sits on the Mortgage Bankers Association’s Residential Board of Governors.
Fairway Home Mortgage announced it has appointed Haley Parker as president of Elevate — the company’s national business development and event platform — and head of business development for Fairway West. Parker worked at Fairway Independent Mortgage Corp. for the past 11 years, most recently serving as chief marketing and business development officer.
Rate announced the addition of Lynn Nemes as sales manager, highlighting her role in helping establish the company’s branch in Naples, Fla. Nemes, who is responsible for mortgage originations and providing support to loan officers on her team, also serves as area director for two chapters of Networking Professionals International, which supports business leaders and fosters professional development in southwest Florida.
Revolution Mortgage announced the appointment of Michele Jaconelli as chief operating officer, where she will oversee daily operations and manage a team of more 150 employees. Jaconelli previously served as COO at Infinity Home Loans and most recently held executive roles at Fulton Bank and Republic Bank.
Revolution Mortgage also announced the addition of Paul Wyner as chief solutions officer. Wyner’s three-decade career has included leadership positions at Home Point Financial and First Savings Bank of Indiana and advisory roles with independent mortgage banks.
New American Funding has named Nathan Ballentine as regional vice president for South Carolina. Ballentine started his career as a loan originator before moving into leadership roles with Wachovia/Wells Fargo and Movement Mortgage. He is also currently in his 11th term in the South Carolina House of Representatives.
Planet Home Lending announced that it has expanded its retail presence in the Dallas area with the addition of retail sales leaders and branch managers Randal McClanahan and David Wells.
NEO Home Loans announced the addition of Jim Juergens as branch leader, distributed retail. The company noted in a press release that Juergens closed 91 loans last year totaling $43 million in production.
The NHP Foundation, a not-for-profit organization focused on affordable housing preservation and development, announced the appointment of Joseph P. Weatherly as chief investment officer. Weatherly, who began his career in finance at Morgan Stanley, most recently served as senior vice president at McCormack Baron Salazar and chief development officer at McCormack Baron Residential.
Point-of-sale mortgage software company Floify announced that its head of marketing, Courtney Dodd, has been appointed to the Mortgage Bankers Association’s Associate Advisory Council (MAAC), which serves as a bridge between service providers and the association’s lender/servicer community. Dodd, who joined Floify in 2023, previously served as director of integrated marketing at SimpleNexus and held marketing positions at Ellie Mae, Calyx Software and PrimeLending.
In other MAAC news, Down Payment Resource (DPR) announced that Brad Cardwell, vice president of sales and business development, has been appointed to that MBA advisory council. Cardwell, a 22-year mortgage industry veteran who joined DPR in 2024 to lead enterprise sales, previously spent 19 years at Embrace Home Loans, most recently as vice president of innovation for revenue and sales enablement.
