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
How far can lenders push the credit box?
Oct 22, 2014During one of the last panels at the MBA Annual Convention, a group of lenders was cautiously optimistic about the future, noting that while progress has been made, more clarifications are needed for a significant increase in non-QM lending.
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Aggressive bidding in MSR market inspires new Fannie portfolio sale
Nov 18, 2013 -
Tough originations market moves PennyMac toward mortgage servicing
Nov 11, 2013 -
PennyMac profitable on servicing, loan production activity
Aug 08, 2013 -
First American returns to a profit as title insurance margin improves
Apr 26, 2012 -
Ocwen absorbs Litton Loan acquisition costs in 4Q
Feb 23, 2012 -
Dude, where’s my liquidity?
Nov 10, 2009 -
PennyMac REIT Raises Funds to Buy Distressed Mortgages
Jul 30, 2009 -
PennyMac Subsidiary to Issue $750 Million IPO
May 26, 2009 -
PennyMac Funds Buy Mortgage Portfolio From FDIC
Jan 07, 2009
Pennymac Content
Pennymac deepens commitment to wholesale partners in 2022
Mar 01, 2022 12:02 amPennymac 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.
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What Pennymac TPO’s rebrand means for the wholesale channel
Jan 12, 2022 10:06 am -
PennyMac delivers people, process and performance so brokers can build a sustainable business
Jul 01, 2021 12:01 am -
PennyMac: Fueling Our Frontline Heroes
Sep 01, 2020 12:05 am -
PennyMac’s proprietary pricing engine gives brokers flexibility with pricing options
Jul 01, 2020 12:02 am