#pennymac

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Real estate
fromwww.housingwire.com
1 week ago

Pennymac announces equity stake, partnership with Vesta

Pennymac implemented Vesta's cloud-based loan origination platform to boost efficiency, improve customer experience, and plan a multichannel rollout across production channels.
SF real estate
fromwww.housingwire.com
3 months ago

Rocket, PennyMac price new debt offerings

Fitch Ratings assigned a BBB- rating to Rocket's notes; leverage profile remains stable post-acquisition.
PennyMac's $100 million note issuance reflects a strategy to diversify funding and strengthen its mortgage servicing capabilities.
SF real estate
fromwww.housingwire.com
4 months ago

PennyMac to issue $650M in "solid" debt market for mortgage firms

PennyMac is utilizing offering proceeds to redeem senior notes and for corporate purposes amidst active mortgage market conditions.
#mortgage-industry
fromwww.housingwire.com
4 months ago
SF real estate

PennyMac's 'aggressive' goal to double market share by 2026

PennyMac's growth strategy emphasizes recruitment and tech improvements, despite a decrease in overall profits.
fromwww.housingwire.com
4 months ago
SF real estate

Mortgage origination volume is up for the nation's largest lenders

United Wholesale Mortgage leads with $31.4 billion in loans in Q1 2025, showcasing strong growth trajectory.
SF real estate
fromwww.housingwire.com
4 months ago

PennyMac's profits shrink, but its servicing portfolio hits $680 billion

PennyMac showcased significant financial performance despite market volatility, positioning for growth as interest rates decline.
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