Pennymac

Retail Mortgage Lenders

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

Fitch: 2025 mortgage sector outlook revised from ‘deteriorating’ to ‘improving’

Dec 02, 2024By Flávia Furlan Nunes

The credit rating agency sees higher origination volumes and gain-on-sale margins that should lead to improved profitability for lenders.

CrossCountry Mortgage hires former Pennymac execs

Nov 14, 2024By Flávia Furlan Nunes
How Pennymac is navigating the double-edged sword of lower rates

Oct 22, 2024By Flávia Furlan Nunes
William Chang steps down as Pennymac’s capital markets leader

Oct 03, 2024By Flávia Furlan Nunes
The mortgage industry is hiring again – but on different terms

Sep 25, 2024By Flávia Furlan Nunes
Pennymac increases its conforming loan limit to $802,650

Sep 15, 2024By Sarah Wheeler
The next battle in mortgage servicing is about to begin

Aug 26, 2024By Flávia Furlan Nunes
Mortgage execs on alert mode for lower rates — and their side effects

Aug 06, 2024By Flávia Furlan Nunes
How Pennymac is preparing for the forthcoming refi wave

Jul 23, 2024By Neil Pierson
PennyMac announces proposed private offering of $650M in senior notes

May 20, 2024By Chris Clow

Pennymac Content

Pennymac deepens commitment to wholesale partners in 2022

Mar 01, 2022 12:02 amBy HW Media Content Studio

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.