PennyMac Financial Services Appoints New Chief Mortgage Innovation Officer

PennyMac Financial Services Inc., based in Westlake Village, Calif., announced the appointment of Jerry Halbrook as the organization’s chief mortgage innovation officer. With decades of fintech experience, Halbrook will develop and launch new technology solutions, preparing the company for future innovations while enhancing Pennymac’s business model.

“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. Halbrook has led multiple companies in their development, adoption and implementation of new technology platforms. Most recently, Halbrook was the CEO of Volly, a Fintech company that offers a full suite of technology solutions related to the mortgage and real estate industry.

“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," said Halbrook. "It is an honor to join a team that inspires industry-leading innovations focused on delivering a superior customer experience.”