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Former Lender Price CEO Jerry Halbrook joins FundingShield senior advisory board

Mortgage industry veteran lands at fintech company

After abruptly leaving Lender Price earlier this summer, Jerry Halbrook has found his next act.

Halbrook stepped down as CEO of Lender Price back in June, with sources close to the situation telling HousingWire that Halbrook’s departure was due to a disagreement with the company’s founders and board over the company’s direction.

Halbrook’s abrupt departure from Lender Price came less than a year after the industry veteran joined the company, a mortgage pricing engine startup that boasts Kevin Costner (yes, that one) as its lead investor.

But now, Halbrook has Lender Price in his rearview mirror and is moving on to FundingShield, a fintech company that offers risk, compliance and fraud technology solutions for the mortgage, real estate, title, and legal industries.

According to the company, Halbrook has joined FundingShield’s senior advisory board.

“Jerry’s extensive experience, relationship network and understanding of the mortgage & real estate markets will drive strategic partnerships, product expansion and fuel further rapid growth for FundingShield,” Ike Suri, chairman and CEO of FundingShield, said.

“We are excited to have a tenacious and well-connected partner who has a similar vision on the impact fintech will have on financial institutions’ bottom line, risk and operations,” Suri added.

Halbrook came to Lender Price from Black Knight, where he was president of the origination technology and enterprise business intelligence divisions.

Before joining Black Knight, Halbrook served as chief financial officer of Prudential Home Mortgage; chief information officer of Bank of America consumer real estate; managing director of CitiMortgage in its capital markets segment, and co-founder and chief operating officer of Nexstar Financial at various points in his career.

Halbrook also spend time in senior roles at Deloitte & Touche.

And now, Halbrook is joining FundingShield.

“FundingShield has delivered unique, relevant and cutting edge products which have relevance to my relationships in the market strategically and operationally,” Halbrook said. “I am excited to work with the talented and diverse team at FundingShield to achieve new heights assisting their rapid growth to deliver to the market need for validated & verified parties and actionable intelligence at the loan level.”

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