Latest Pennymac News & Updates

See the latest news and media coverage for Pennymac. We track all announcements, press releases, and industry mentions in real time, all in one place.

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Pennymac

National mortgage lender and servicer

pennymac.com
Headquarters
Westlake Village, United States
Founded year
2008
Company type
Public company
Number of employees
5,000–5,600
Industry
Banks

Last updated

Latest news about Pennymac

In short: PennyMac reported $29 million in Q3 PFSI net income and outlined $160 million in annualized expense cuts

Company announcements

Pennymac

Pennymac announces acquisition of Cenlar’s subservicing business

The all-cash deal includes $1725 million upfront plus contingent payments, adding two million loans and expanding Pennymac’s servicing portfolio past one trillion dollars.

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Media coverage

Houston Chronicle

PennyMac: Q3 Earnings Snapshot

On a per-share basis, the Westlake Village, California-based company said it had profit of 54 cents. Earnings, adjusted for non-recurring costs, were $1.05 per share...

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