PennyMac’s first-of-its-kind omnichannel technology platform improves process, production and customer experience across all of its originator and aggregator channels. While technology and innovation have been the nexus of PennyMac’s ascent and industry-leading quality reputation, the company unveiled P3, a cloud-based system that revolutionizes the speed and precision of the loan acquisition process.

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Pennymac Financial Services’ profit sinks 31% in Q4 HW+

Feb 03, 2022By

California-based nonbank mortgage lender Pennymac Financial Services posted record loan production last year, but a significant decline in net profits. Reflecting the higher rate landscape, in the last three months of 2021, the servicing segment brought more returns to the company than production.   The company reported a net income of $1 billion in 2021, […]

3d rendering of a row of luxury townhouses along a street

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