Business
fromwww.housingwire.com
1 day agoPennyMac Q1 earnings pressured by MSR hedge losses
PennyMac is set to acquire Cenlar's subservicing business, expecting strong returns and benefits from added scale and diversification.
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fromwww.housingwire.com
5 months agoPennymac TPO waives $99 credit report fee for December POWER+ loans
The move comes as credit report costs are expected to rise by about 50% in 2026, marking the fourth consecutive year of increases, according to resellers who spoke with HousingWire. The rising costs are tied to reports that originate with FICO data and flow through the three major credit bureaus Experian, Equifax and TransUnion. Pennymac said the fee waiver applies only to credit reports issued by the lender on new loans with application dates between Dec. 1 and Dec. 31.
Real estate
SF real estate
fromwww.housingwire.com
10 months agoRocket, 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.
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