Pennymac posts $29M profit amid expense cuts, upcoming leadership changes

Company announces pending retirement of president Doug Jones, while CSO Kevin Ryan will replace Dan Perotti as CFO

First Horizon, Nations Lending and Planet announce leadership moves

This week’s mortgage industry appointments include a new SVP of valuations, a president and COO restructure, plus a bank board addition

MAVERIX adds former Compass International Holdings executive Anna Visioli as strategic advisor

Visioli held multiple leadership roles focused on building technology platforms, operational programs and strategic initiatives across large brokerage networks

Tarek El Moussa Didn’t Only Buy His Teen a $150K BMW—He Invested in Her Real Estate Future Too

HGTV star Tarek El Moussa splurged on a $150,000 luxury vehicle for his daughter’s 16th birthday—and is defending the purchase after receiving a mixed response on social media. During an Oct. 28 appearance on the “Money Rehab” podcast with Nicole Lapin, the “Flip or Flop” star explained that the lav