Company Bio

PennyMac is a leading national mortgage lender and servicer. Its goal is to provide innovative mortgage solutions to make it easier for customers to purchase, refinance, or simply remain in their home. Since its founding in 2008 by a team of mortgage industry veterans, PennyMac has sought to restore Americans’ trust in home ownership by improving the quality and consistency of the mortgage experience. It is a full-service lender with a breadth of loan options for everyone from first-time home buyers to those seeking jumbo, FHA, or VA loans. PennyMac has also been a leading provider of help to underwater homeowners. It is a major participant in the Home Affordable Refinance Program (HARP), the government program created in 2009 to assist underwater homeowners in refinancing their mortgages. PennyMac also purchases loans from banks and other lenders, then use its industry expertise to help borrowers restructure their mortgages so they can stay in their homes.

Statement of Diversity

The mission of the AMDC is to build a foundation of industry leaders and advocates from across the mortgage sector who are focused on shaping the diversity agenda and driving results that support the promotion and application of diversity best practices. As an AMDC member, PennyMac pledges to advocate for diversity best practices across the industry and promote policy that supports a workplace inclusive of all. The organization will continue to promote leadership that is engaging, transparent, and fair. PennyMac understands the positive impact that diversity and inclusion has on business and embraces the differences that unite us all.

AMDC Directory

PennyMac Financial Services

PennyMac Financial Services

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