PennyMac Financial Services has appointed Jerry Halbrook its chief mortgage innovation officer. Halbrook will develop and launch new technology solutions, preparing the company for future innovations while enhancing Pennymac’s business model, the company said.
“Pennymac welcomes Jerry and his extensive expertise as we continue to make significant strides towards building the future of technology in the mortgage banking industry,” said Doug Jones, president and chief mortgage banking officer at Pennymac. “Jerry is a proven leader who will accelerate Pennymac’s growth in sectors where our industry is moving, especially in today’s competitive and volatile market.”
With over 40 years of experience, Halbrook has held senior roles working for top 10 mortgage lenders as well as boutique and large fintech companies. Most recently, he was CEO of Volly, a Fintech company that offers a full suite of technology solutions related to the mortgage and real estate industry.
Since its founding in 2008, Pennymac has serviced more than $1 trillion in loans for over 4 million homeowners. As one of the largest lenders in the country, Pennymac originates and makes a permanent capital investment to service the loans.
