MURRIETA, Calif., Sept. 26, 2017 /PRNewswire/ -- PSM Holdings, Inc., (OTCQB: PSMH) is pleased to announce the appointment of two key executives. Tricia M. Bailey has accepted the position of President and CEO. Tricia comes to PSM with proven mortgage banking experience that includes Retail, Wholesale and Correspondent lending. In her more than 25 years in the mortgage lending industry she has held executive positions with PRMG, GE Credit, BrooksAmerica Mortgage and most recently was Senior Vice President of Residential Mortgage Lending Operations with Banc of California's Banc Home Loans division.
In reflecting on her appointment, Tricia said, "I am honored and excited to have been selected to lead the company in becoming a recognized presence in Mortgage Banking that reflects PSM's future successes."
Tricia will also serve as a Director on both the PSM Holdings and PSM Board of Directors.
Also appointed to an executive position was Bill Lawton. Bill will serve as Executive Vice President, National Production. In his role, Bill will be responsible for the expansion of PSM's current retail branch system through the addition of both branches and licensed states.
Bill brings over 30 years of experience to PSM including executive positions with Countrywide, Bank of America, PRMG and Security National Mortgage. Additionally, Bill was the founder of Equity National Mortgage Corporation and served as its President and CEO.
"I'm extremely excited about this opportunity and look forward to working with Tricia and the Board of Directors on expanding PSM. This is a company that has a great and established infrastructure for growth and will be a dominant company in the mortgage banking landscape."
PSM Holdings Director Michael Margolies commented that, "Both Tricia and Bill will be valuable assets to PSM and coupled with PSM's solid base presents the platform on which to build a highly competitive and growth oriented mortgage bank."
PSM is a wholly owned subsidiary of PSM Holdings. (PSMI) provides mortgage brokerage and banking services across the United States. For more information visit http://www.psmholdings.com.
SOURCE PSM Holdings, Inc.