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PennyMac Correspondent Lending Group
PennyMac's Correspondent Lending Group purchases closed Jumbo conventional agency and government-backed residential mortgage loans . Our goal is to give you outstanding customer service - delivered with integrity, respect and the highest level of ethical conduct. Our correspondent sales and support teams are committed to these values and your success.
Financial Strength
- The family of PennyMac companies manages a mortgage portfolio of over $5 billion
- PennyMac Corp.'s Correspondent Lending Group manages the new loan purchase activity for PennyMac Mortgage Investment Trust (PMT), a NYSE listed REIT with over $500 million in equity
- We retain servicing on nearly 100% of production
Business Acumen
- Proven, responsive, experienced sales team
- Extensive management experience in Capital Markets, Risk Management, Hedging, and Servicing
- Technology designed to meet the needs of today's correspondent originator
Relationship Driven
- We do not compete with you by cross-selling your borrower ( banking or ancillary products ).
- We offer a clear operation that is free of legacy issues
- We constantly strive for responsible lending and quality through transparency and cooperation with our customers and industry partners.
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