They bring in seasoned experts to tackle policy and capital market challenges
Two major mortgage firms, PennyMac Financial Services and Cherry Hill Mortgage Investment Corporation, have announced new executive appointments aimed at strengthening their operations.
PennyMac appointment
PennyMac Financial Services (PFSI) has hired Isaac Boltansky (pictured left) as managing director and head of public policy. In this role, he will oversee the company’s engagement with federal and state policymakers, regulatory agencies, and industry associations. His responsibilities include analyzing legislative and regulatory developments and advocating for policies that align with Pennymac’s interests.
Boltansky was previously director of policy research at BTIG, where he led the firm’s policy analysis, focusing on financial services, housing policy, and tax legislation. His experience in regulatory strategy is expected to help Pennymac navigate policy changes affecting the mortgage sector.
"Pennymac is pleased to welcome Isaac to our strong team of industry professionals. In moments of industry transformation, it is critical to have leaders who understand the ecosystem with the expertise to shape the future of mortgage lending through thoughtful advocacy," said Pennymac CEO David Spector. "Isaac’s established industry ties, policy expertise and strategic insights will reinforce Pennymac’s leadership in the mortgage sector."
Boltansky’s appointment follows PennyMac’s recent launch of NonDel+, a non-delegated origination option within its third-party lending (TPO) division. The program, integrated into the POWER+ portal, allows mortgage bankers to maintain control over loans while receiving underwriting, disclosure, and compliance support.
Cherry Hill appointment
Meanwhile, Cherry Hill Mortgage Investment Corporation (CHMI) has appointed Dale Hoffman (pictured right) to its board of directors, where he will serve on the compensation committee and nominating and corporate governance committee.
Hoffman, an industry veteran with 30+ years of experience in fixed-income capital markets, is the president of S&D Sarasota, a consulting firm focused on broker-dealer compliance and regulatory matters. He previously held leadership roles at Piper Jaffray, BMO Capital Markets, and Legg Mason Wood Walker Inc., where he managed trading operations and risk management strategies.
Cherry Hill Mortgage CEO Jay Lown said Hoffman’s expertise in fixed-income markets will add value as the company looks to grow its business.
“Dale’s 30+ years in fixed income capital markets, including senior positions in trading and management, makes him an ideal choice to further strengthen our board. We believe he will be a valuable contributor through his extensive experience as we focus on growing our business,” Lown said in a Press release.
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