Senior Managing Director and Chief Mortgage Banking Officer President, PennyMac Loan Services (PLS)
Doug Jones has been Senior Managing Director and Chief Mortgage Banking Officer of PennyMac Financial Services, Inc. (NYSE: PFSI) since January 2017, and he was appointed President of PennyMac Loan Services (PLS) in March 2017. Mr. Jones is responsible for all business activities relating to the company’s loan production, loan servicing and application development operations.
Mr. Jones also serves as Senior Managing Director and Chief Mortgage Banking Officer of PennyMac Mortgage Investment Trust (NYSE: PMT) and as Senior Managing Director and Chief Mortgage Banking Officer of Private National Mortgage Acceptance Company, LLC (PNMAC).
Previously, Mr. Jones was the company’s Chief Correspondent Lending Officer. He has served on the company’s management team since 2012.
Prior to joining the company, Mr. Jones worked in several executive positions, including Senior Managing Director, Correspondent and Warehouse Lending, at Countrywide (and Bank of America Corporation, as its successor) from 1997 until 2011, where he was responsible for managing and overseeing retail sales at Bank of America, in addition to correspondent and warehouse lending operations.
Mr. Jones earned a B.A. in economics from California State University, Sacramento.