In addition to senior management appointments at several mortgage banking organizations, two companies have hired executives to head up their construction lending divisions.

PennyMac Financial Services Inc. disclosed on March 6 that Anne D. McCallion, its senior managing director and chief enterprise operations officer, has joined its board of directors.

In Irvine, California, loanDepot LLC announced on March 19 that it has hired Tammy Richards as chief operations officer for enterprise mortgage operations.

Source: Mortgage Daily