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.”