PennyMac Financial Services

The servicer activated the VA’s new loss-mitigation waterfall nearly four months early, offering relief as delinquencies rise among recent VA borrowers

Senate voted 87-8 to advance House-amended package, with final votes expected in coming days

Lender says conversational AI will support borrower outreach and application workflows while accelerating cloud modernization of Plaisse

Specialized offering targets nontraditional income borrowers as lenders lean into affinity-based programs

Pennymac TPO plans to bring 'institutional scale, along with deep expertise and partner support'

PennyMac’s $172.5 million acquisition of Cenlar’s subservicing business will add $740 billion in UPB and roughly two million loans