Philip Riccio Named PMG CFO

Philip Riccio has been named Panorama Mortgage Group’s new chief financial officer.

Riccio brings more than twenty years of capital markets and financial management leadership to the position. He joined Panorama in February 2022 as SVP of Capital Markets, overseeing trading, hedging, pricing, and investor relations, before being promoted to EVP of Capital and TPO in 2024. The correspondent/wholesale channel brought in $70 million in volume monthly under his leadership.

Prior to joining Panorama, Riccio served as director of capital markets, risk and margin management, with Supreme Lending. He also held leadership roles with Stearns Lending, Caliber Home Loans, Nationstar Mortgage, and Bank of America.

“His proven track record includes developing best-execution pricing models, implementing AI-driven strategies, and building and leading high-performing teams. He is known for his collaborative leadership style, which empowers his team through support and delegation and fosters a culture of accountability and innovation,” the company said in a press release.

As CFO, Riccio will oversee all financial functions, including strategic planning, financial reporting, and sustainable growth.

Nevada-based PMG is a minority-led IMB licensed in 43 states that focuses on innovative mortgage solutions for underserved communities.

Last year, PMG rolled out a program for first-generation homebuyers, matching a 1% down payment with a 2% grant.

The company called it a “significant shift for families entrenched in the cycle of renting.”

It also named a new president in September 2024, Hector Amendola.