FHFA Bumps Conforming Loan Limit To $806,500
The 5.2% increase from 2024's ceiling of $766,550 is less than 2024's 5.5%.
Tagged: PennyMac TPO
2024 Top Employers For Women
Breaking barriers and building careers
MORTGAGE WOMEN MAGAZINE
Best Military Lenders 2024
These lenders go beyond the bottom line, honoring our heroes by helping them find homes
NMP MAGAZINE
Pennymac Joins Rocket Pro TPO, Raises Loan Limits
Pennymac increased its conforming loan limit to $802,650
U.S. Non-Bank Mortgage Lenders Surge Amid Industry Consolidation, Fitch Ratings Reports
As smaller players exit the market, scaled originators like UWM and PennyMac Financial dominate, but challenges persist with low origination volume and pressured margins amidst rising interest rates.
Honoring The Mortgage Industry’s 2024 Diversity Leaders
Recognizing the companies leading the way for the mortgage industry to become more inclusive and reflective of the communities that they serve
NMP MAGAZINE
In Recovery, Mixed Fortunes For Nation’s Largest Lenders
Earnings snapshot shows ongoing cuts, servicing stemmed the bleeding amidst higher rates.
PennyMac Posts Solid Q2 Results Amid Market Volatility
Diversified business model, rising production volumes, and large servicing portfolio propel the company to profitability.
PennyMac’s Chief Investment Officer Resigns
Vandy Fartaj stepping down to be replaced by company vet William Chang
Servicing Remains A Bright Spot For Pennymac, While Originations Fall By Half
Profits are up 4% in third quarter.