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LenderLive has announced that Pete Pannes has joined the company as its first chief revenue officer.
Over the course of his 26-year career, Pannes has held a number of high-visibility sales and marketing positions within the mortgage and credit union sectors. Most recently, Pannes was part of the team that founded NMI Holdings Inc. where he served as its chief sales officer and executive vice president. Prior to NMI, Pannes spent more than 20 years at PMI Mortgage Insurance in a number of sales roles, including senior vice president of Field Sales & National Accounts. While at PMI, Pannes was instrumental in the launch of CMG Mortgage Insurance Company, which was jointly owned by PMI and CUNA Mutual and provided mortgage insurance to credit unions. He also served on the board at CMG Mortgage Insurance Company.
As LenderLive’s chief revenue officer, Pannes will be responsible for corporate sales, marketing and positioning strategies, as well as product development. He will report to Rick Seehausen, LenderLive’s chief executive officer. Sales leaders within LenderLive’s six business lines—fulfillment services, secondary marketing, loan servicing, document services, settlement services and due diligence—will also report to Pannes, as well as to their respective division presidents, the company said.
“Success in our industry is always built upon relationships and trust, and no one exemplifies these qualities better than Pete Pannes,” said Seehausen. “His leadership, experience, professionalism and drive will accelerate LenderLive’s growth.”