With over three decades of mortgage technology experience, Mike Hogan, senior managing director and chief information officer, is responsible for leading PennyMac into a new era of innovation, particularly focused on groundbreaking AI implementation. Hogan has spearheaded a range of advanced technology initiatives, including the delivery of database and application software solutions, the rollout of Google Gemini at enterprise level, and the launch of several AI productivity tools. He is also leading GenAI workstreams to maximize performance and accuracy within the company, while carefully monitoring safety and compliance every step of the way.
Hogan’s extensive experience in the financial services sector is marked by a consistent focus on enhancing efficiency and transparency through data-driven solutions. Hogan has made significant strides in optimizing PennyMac’s Capital Markets platform. His leadership has supported the implementation of the Operational Data Store (ODS), a centralized MISMO-compliant, loan-level database that supports key processes, such as hedging, pooling and agency delivery. He’s also built a data governance framework allowing users to implement and run data quality checks, further ensuring accuracy and reliability.
Hogan oversaw a major revamp of pricing and trading systems, significantly increasing automation and supporting risk management capabilities. This accelerated price adjustments, automated rate sheet productions, and a more efficient margin management process.
His contributions extend beyond capital markets. Hogan introduced a new enterprise data policy and optimized the Snowflake analytics platform for cost savings and performance enhancements. Hogan leverages cutting-edge technologies like AI to elevate customer experiences and enhance efficiency. His focus on the modernization of PennyMac’s systems and processes, coupled with delivering results, make him a valuable asset to the industry.
Name:
Mike Hogan
Title:
Senior Managing Director and Chief Information Officer
Company Name:
PENNYMAC
