Pennymac
Retail Mortgage LendersPennymac 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 Pennymac is preparing for the forthcoming refi wave
Jul 23, 2024Pennymac Financial Services earned a profit of $98.3 million in Q2 2024, more than double the $39.3 million figure during the prior quarter.
-
PennyMac announces proposed private offering of $650M in senior notes
May 20, 2024 -
Pennymac posts first-quarter profit of $39M
Apr 24, 2024 -
American Financial Resources announces two executive hires
Apr 24, 2024 -
PennyMac pays $158M to Black Knight in servicing platform dispute
Mar 18, 2024 -
Pennymac shakes up tech leadership
Mar 06, 2024 -
Industry experts are closely watching delinquency rates, insurance costs
Feb 23, 2024 -
Pennymac delivers $145M profit in 2023
Feb 02, 2024 -
Pennymac pulls back on 2021 plan to hire 300+ workers in North Carolina
Jan 10, 2024 -
Pennymac TPO hires former Citizens Bank mortgage executive
Jan 05, 2024
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.
-
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
Help Us Improve
Join us in keeping our information up-to-date. Suggest profile edits or updates through our help desk.