Mortgage Firm Loses Texas Lawsuit

In addition to a couple new c-suite occupants, the nation’s mortgage banking firms have recently appointed senior executives who will oversee retail origination activity and other departments.

Tricia M. Bailey is the new president and chief executive officer of PSM Holdings Inc., a Sept. 26 statement said. The 25-year mortgage veteran previously spent time at Banc of California and PRMG Inc.

Murrieta, California-based PSM, which is also known as Prime Source Mortgage Inc., additionally revealed that 30-year mortgage veteran Bill Lawton was hired as executive vice president, national production.


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