PennyMac
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.
Latest Posts
Dude, where’s my liquidity?
Nov 10, 2009PennyMac Mortgage Investment Trust is planning to buy up newly issued loans and package them into bonds. A posting at Bloomberg has the scoop today. The conduit arm of PennyMac would buy the mortgage loans as short-term investments. It sounds promising in terms of short-term funding, but the question remains whether this conduit vehicle will last: Has the industry already forgotten the short-lived MLEC dreams?
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PennyMac REIT Raises Funds to Buy Distressed Mortgages
Jul 30, 2009 -
PennyMac Subsidiary to Issue $750 Million IPO
May 26, 2009 -
PennyMac Funds Buy Mortgage Portfolio From FDIC
Jan 07, 2009