PennyMac Strikes Deal For Cenlar's Subservicing Business
PennyMac’s $172.5 million acquisition of Cenlar’s subservicing business will add $740 billion in UPB and roughly two million loans
PennyMac’s $172.5 million acquisition of Cenlar’s subservicing business will add $740 billion in UPB and roughly two million loans
Mr. Cooper Group closes the acquisition of Flagstar Bank for $1.3 billion in cash.
Rocket will handle all servicing and recapture activities for a portion of the mortgage servicing rights held by Annaly.