{"id":450098,"date":"2021-03-03T16:33:21","date_gmt":"2021-03-03T21:33:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450098"},"modified":"2021-03-03T16:33:21","modified_gmt":"2021-03-03T21:33:21","slug":"pennymac-financial-services-inc-announces-appointment-of-president-and-chief-mortgage-banking-officer","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pennymac-financial-services-inc-announces-appointment-of-president-and-chief-mortgage-banking-officer\/","title":{"rendered":"PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer<\/b><\/p>\n<p>WESTLAKE VILLAGE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nPennyMac Financial Services, Inc. (NYSE: PFSI) today announced the appointment of Doug Jones as President and Chief Mortgage Banking Officer. Mr. Jones had previously served as the Company\u2019s Senior Managing Director and Chief Mortgage Banking Officer, as well as President of PennyMac Loan Services, the Company\u2019s mortgage banking subsidiary. In his new role, Mr. Jones continues to be responsible for all activities relating to the Company\u2019s loan production and loan servicing businesses.\n<\/p>\n<p>\n\u201cI am pleased to announce this promotion for Doug, which reflects the Company\u2019s continued focus on succession planning,\u201d said PFSI Chairman and CEO David A. Spector. \u201cDoug is an extremely focused and committed leader who is widely regarded as one of the most experienced and capable mortgage executives in our industry. Doug and I will continue to work with Andy Chang, Vandy Fartaj and our deep senior management team to build on PennyMac\u2019s industry leadership and achieve further success and growth in the years to come.\u201d\n<\/p>\n<p><b>About PennyMac Financial Services, Inc.<\/b><\/p>\n<p>\nPennyMac Financial Services, Inc. is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.\n<\/p>\n<p>\nFounded in 2008, the company is recognized as a leader in the U.S. residential mortgage industry and employs over 6,000 people across the country. For the twelve months ended December 31, 2020, PennyMac Financial\u2019s production of newly originated loans totaled $197 billion in unpaid principal balance, making it the third largest mortgage lender in the nation. As of December 31, 2020, PennyMac Financial serviced loans totaling $427 billion in unpaid principal balance, making it a top ten mortgage servicer in the nation.\n<\/p>\n<p>\nAdditional information about PennyMac Financial Services, Inc. is available at ir.pennymacfinancial.com.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210303005903r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210303005903\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210303005903\/en\/<\/a><\/span><\/p>\n<p><b>Media<br \/>\n<\/b><br \/>Janis Allen<br \/>\n<br \/>(805) 330-4899<\/p>\n<p><b>Investors<br \/>\n<\/b><br \/>Kevin Chamberlain<br \/>\n<br \/>Isaac Garden<br \/>\n<br \/>(818) 264-4907\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210303005903\/en\/567851\/3\/Pennymac_Roof_regmark_RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer WESTLAKE VILLAGE, Calif.&#8211;(BUSINESS WIRE)&#8211; PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the appointment of Doug Jones as President and Chief Mortgage Banking Officer. Mr. Jones had previously served as the Company\u2019s Senior Managing Director and Chief Mortgage Banking Officer, as well as President of PennyMac Loan Services, the Company\u2019s mortgage banking subsidiary. In his new role, Mr. Jones continues to be responsible for all activities relating to the Company\u2019s loan production and loan servicing businesses. \u201cI am pleased to announce this promotion for Doug, which reflects the Company\u2019s continued focus on succession planning,\u201d said PFSI Chairman and CEO David A. Spector. \u201cDoug is an extremely focused &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pennymac-financial-services-inc-announces-appointment-of-president-and-chief-mortgage-banking-officer\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450098","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pennymac-financial-services-inc-announces-appointment-of-president-and-chief-mortgage-banking-officer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PennyMac Financial Services, Inc. Announces Appointment of President and Chief Mortgage Banking Officer WESTLAKE VILLAGE, Calif.&#8211;(BUSINESS WIRE)&#8211; PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the appointment of Doug Jones as President and Chief Mortgage Banking Officer. Mr. Jones had previously served as the Company\u2019s Senior Managing Director and Chief Mortgage Banking Officer, as well as President of PennyMac Loan Services, the Company\u2019s mortgage banking subsidiary. In his new role, Mr. Jones continues to be responsible for all activities relating to the Company\u2019s loan production and loan servicing businesses. \u201cI am pleased to announce this promotion for Doug, which reflects the Company\u2019s continued focus on succession planning,\u201d said PFSI Chairman and CEO David A. Spector. \u201cDoug is an extremely focused &hellip; Continue reading &quot;PennyMac Financial Services, Inc. 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