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
Pennymac posts first-quarter profit of $39M
Apr 24, 2024Loan production income shrank in the first quarter, but the company’s servicing business continues to grow
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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 issued pink slips to more than 80 staff at year end
Jan 03, 2024 -
Pennymac raises $750M in unsecured debt
Dec 07, 2023
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
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