Tagged: Pennymac

Wholesale lender lands between the industry’s $845,000 benchmark and Pennymac’s $850,000 ceiling

Its $850,000 limit is available through consumer-direct, TPO, and correspondent lending ahead of FHFA’s 2027 announcement

The lender pairs athletes with mortgage experts to address common borrower questions, including how variable earnings affect qualification

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

FHA’s 2025 MMI Fund report to Congress shows capital strength well above statutory requirements, reinforcing the agency’s capacity to expand access to homeownership while sustaining risk management