Pennymac is a residential mortgage lender and servicer that operates across the United States. Primarily maintaining an online focus, its business areas include loan acquisition, pricing, production, financing, servicing and securitization.
Originally founded in 2008, Pennymac is based in Westlake Village, California.
Latest Pennymac News
Publicly traded mortgage lenders saw over $6 billion in value disappear in just over a week. They could be facing the worst downturn since 2008. But at least they have options.
Pennymac has changed the name of its wholesale division from PennyMac Broker Direct to Pennymac TPO. For Pennymac, the rebrand is more than a name change – it signals a deeper commitment to its wholesale partners and investment in the wholesale channel.