Conrad Vasquez has been named executive vice president of operations at Clayton Holdings Inc., a Shelton, Conn.-based information and analytics company serving the debt markets. Mr. Vasquez, a 25-year industry veteran, will be responsible for the day-to-day operations for Clayton's due diligence and surveillance businesses and will focus on increasing operational productivity, improving service quality, and expanding product offerings, the company said. Mr. Vasquez joins Clayton after five years with Washington Mutual, where he was most recently an executive vice president and head of retail bank operations. He previously held executive positions at Advanta Bank Corp., First USA, Household Finance, American Express, and Sears.
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Dino Lack will lead Union Home's efforts to improve the lending experience through advanced workflow automation and artificial intelligence integration.
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The company turned a GAAP profit of $170.4 million for the quarter, with its volume and margins relatively flat compared with the fourth quarter of 2025.
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PennyMac Financial Services reported $82.3 million net income, inclusive of a $44 million net reduction related to servicing fair value and hedge losses.
May 5







