Jon Foy, vice president of Product and Design at Polly, is a driving force behind the next generation of enterprise product, pricing and eligibility technology in mortgage capital markets. With deep industry expertise and a forward-thinking approach, he plays a foundational role in shaping Polly’s unrivaled capital markets platform, cementing the company’s status as a mortgage technology leader. His contributions have been instrumental in pioneering innovations, including the release of Polly/ AI, a first-of-its-kind AI platform embedded within Polly’s Product and Pricing Engine (PPE). Its interactive loan officer agent leverages cutting-edge AI/ML algorithms to enhance pricing accuracy and decision-making, underscoring Polly’s commitment to redefining industry standards.
Foy has been integral in expanding Polly’s partnership with HousingWire, powering its Mortgage Rates Center with real-time, hourly updates and equipping housing and mortgage professionals with the information needed to make informed decisions in a rapidly evolving market. Foy’s impact is evident in Polly’s momentum and widespread adoption by mortgage lenders of all sizes. In 2024 alone, Polly more than doubled its customer base and significantly increased lock volume, empowering lenders like ResiCentral to triple their year-over-year volume without additional capital markets staff.
Foy fosters a culture of innovation, collaboration and continuous improvement. He works alongside his teams to develop enterprise solutions that are flexible, scalable and adaptable, ensuring lenders can optimize their operations and thrive in any market environment. With Foy at the helm, Polly continues to push boundaries, delivering cutting-edge technology that transforms mortgage capital markets and empowers lenders to drive greater value and efficiency.
What is one habit that has helped you succeed?
I firmly believe in the importance of celebrating when we develop a new product or feature, but also constantly looking at how we can further improve, what we can do next, and how we can continue to drive unmatched value for mortgage lenders. Here at Polly, we will never release something and just stop; our roadmap continuously evolves based on direct feedback and collaboration with our customer partners. Customer satisfaction is our driving force.
Name:
Jon Foy
Age:
38
Title:
Vice President, Product and Design
Company Name:
Polly
