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As Max Valdes retires after 25 years with the company, First American Financial Corp. is replacing him with Mark Seaton.

Mortgage Cadence promoted Jacob Petersen to chief service officer.

First American Financial Corp. said that Mark Oman has been appointed to the company’s board of directors.

Kenneth Cohen, the head of commercial real estate finance at UBS AG, is leaving to join Bank of America Corp.

Matt Nevins has joined the Securities Industry and Financial Markets Association as managing director and associate general counsel with SIFMA’s Asset Management Group.

GMH Mortgage Services LLC, headquartered in Newtown Square, Pa., hired Ed Moloney as a new loan officer in its Boston branch.

The retirement of Senate Banking Committee chairman Tim Johnson at the end of next year has already prompted an elaborate guessing game about who will succeed him at the helm of the panel.

The Financial Services Roundtable is calling on the Senate to confirm Consumer Financial Protection Bureau director Richard Cordray along with enacting structural reforms to the bureau that are favored by Republican senators.

Kent Conrad, the former Democratic U.S. Senator from North Dakota, has joined the board of Genworth Financial.

John Caladim and Jon Coleman are the latest additions to Brean Capital’s fixed income team.