Former Volly CEO makes the switch to Pennymac

Mortgage and fintech veteran assumes new role

Former Volly CEO makes the switch to Pennymac

Industry veteran Jerry Halbrook (pictured), who previously served as CEO of Volly, has taken on a new post at PennyMac Financial Services.

Appointed as chief mortgage innovation officer, Halbrook will oversee the development and launch of new technology at Pennymac and help the company prepare 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.”

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Halbrook brings over four decades of experience and has held several leadership roles at top mortgage lenders and fintech companies. Prior to Volly, he was the CEO of Lender Price. He also served as president of Black Knight Origination Technologies from 2011 to 2017.

“We live in a rapidly evolving digital world where customers’ needs are changing,” Halbrook said. “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. It is an honor to join a team that inspires industry-leading innovations focused on delivering a superior customer experience.”