People Movers

PointServ creates business development division

Company hires four vice presidents
PointServ, a provider of financial data, recently announced it appointed four vice presidents to its newly formed business development division. Those joining the team include Reese Milner as senior vice president of business development, and DJ Wilson, Corwin Sanchez and Anthony DePaola as vice presidents of business development.
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TRELORA elects Monty Moran as chairman of its board of directors

Former Chipotle co-CEO will push forward TRELORA's growth initiatives
Flat-fee real estate brokerage TRELORA made former Chipotle CEO Monty Moran chairman of its board of directors as part of an effort to push its growth initiatives forward. Moran served as co-CEO at Chipotle from 2007 to 2017 and grew the company from eight restaurants to more than 2,100 restaurants during that time.
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Bob Dougherty named EVP of business development at Calyx Software

Replaces now retired Dennis Boggs
Mortgage software solutions provider Calyx Software, a 2018 Tech100 winner, named Bob Dougherty executive vice president of business development. Dougherty, who joined the company in 2016, will be responsible for strategic direction, developing and maintaining vendor and client partnerships, as well as daily operations of the company.
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ERA adds Diana Wall as senior vice president of sales

Wall returns to ERA, will oversee growth strategy
ERA announced Tuesday that Diana Wall has rejoined the company as senior vice president of sales to help push strategic growth in its broker footprint. The company explained that Wall will be working alongside the senior management team to ascertain the best growth strategies and expand ERA's influence in the market.
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Class Appraisal promotes Jon Tallinger to chief growth officer

Tallinger named to newly created role
Class Appraisal announced on Monday that it promoted Jon Tallinger to serve as its chief growth officer. "In the newly created role, Jon will continue to drive growth with Class’s existing accounts but will also focus on new channels and new valuation product offerings that will allow Class to lead the charge in the changing valuation landscape," Class Appraisal President John Fraas said.
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[Exclusive] The Money Source abruptly lays off 60 people

Says layoffs will help its growth
Mortgage lender The Money Source abruptly laid off 60 staff members Monday, a source close to the matter told HousingWire. The move seems to contradict TMS’ plan to grow its servicing portfolio to more than one million loans by 2022, but the company said these layoffs will actually encourage its growth.
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ORIX to acquire NXT Capital

NXT to become a subsidiary of ORIX by the end of August
ORIX Corp. USA, which already boasts a number of financial firms under its umbrella, including Boston Financial Investment Management, Lancaster Pollard, Mariner Investment Group, RB Capital and RED Capital Group, is moving to acquire NXT Capital. The two companies just signed a definitive agreement and the acquisition is expected to be completed by August.
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Alight appoints Katrina Marshall as sales director

Will focus on western region and strategic accounts
Alight Mortgage Solutions announces the appointment of Katrina Marshall as sales director of western region and strategic accounts. Marshall has more than 30 years of experience as a mortgage executive managing originations, operations, underwriting and technology integrations in the mortgage industry.
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