Pennymac has appointed fintech exec Jerry Halbrook as its Chief Mortgage Innovation Officer, the company announced in a press release.
Halbrook brings four decades of experience to the company. He will be responsible for developing and launching new tech solutions and preparing for future innovations.
“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.”
His previous experience includes roles in the top 10 mortgage lenders, plus boutique firms and large financial technology companies. Prior to Pennymac, he served as CEO of Volly, a fintech company offering tech solutions to the mortgage and real estate industries.
“We live in a rapidly evolving digital world where customers’ needs are changing. I look forward to working with the immensely talented leadership team at Pennymac to provide technology that allows our partners, like correspondent lenders and brokers, to leverage these solutions for the benefit of their customers,” Halbrook said.
“It is an honor to join a team that inspires industry-leading innovations focused on delivering a superior customer experience.”
Pennymac is one of the nation’s largest lenders and has serviced more than $1 trillion loans in the U.S.