Specialized offering targets nontraditional income borrowers as lenders lean into affinity-based programs
Tagged: PennyMac
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
If certified, the case will become one of the largest antitrust actions in housing finance history
REIT expands investment in mortgage servicing assets through acquisition from national mortgage lender
Executive shift underscores the rising influence of AI, Non-QM expansion, and cross-channel growth
But unlike its competitor, Pennymac also hiked its ceiling in Alaska and Hawaii to $1,228,500.
Announces strategic equity stake, deployment of Vesta’s cloud-native LOS
Timing is right, and ‘we intend to be a significant player in the space,’ says company’s Non-QM sales leader