E-Commercefromwww.housingwire.com1 month agoPennyMac says its broker business is boomingPennyMac aims for over 10% market share by 2026 while securing $7.2 billion in origination volume through broker-direct channels.
SF real estatefromwww.housingwire.com2 months agoRocket, PennyMac price new debt offeringsFitch Ratings assigned a BBB- rating to Rocket's notes; leverage profile remains stable post-acquisition.PennyMac's $100 million note issuance reflects a strategy to diversify funding and strengthen its mortgage servicing capabilities.
fromwww.housingwire.com2 months agoPennyMac, loanDepot tap debt markets with senior notesPennyMac is raising capital through unsecured senior notes to enhance its investment and operational strategies.
fromwww.housingwire.com3 months agoPennyMac raises $850M in high-demand debt issuancePennyMac is refinancing debt to extend maturities and strengthen financial position with new fixed-rate senior notes.
fromwww.housingwire.com3 months agoPennyMac to issue $650M in "solid" debt market for mortgage firmsPennyMac is utilizing offering proceeds to redeem senior notes and for corporate purposes amidst active mortgage market conditions.
fromwww.housingwire.com4 months agoSF real estatePennyMac's 'aggressive' goal to double market share by 2026PennyMac's growth strategy emphasizes recruitment and tech improvements, despite a decrease in overall profits.
fromwww.housingwire.com4 months agoSF real estateMortgage origination volume is up for the nation's largest lendersUnited Wholesale Mortgage leads with $31.4 billion in loans in Q1 2025, showcasing strong growth trajectory.
fromwww.housingwire.com4 months agoSF real estatePennyMac's 'aggressive' goal to double market share by 2026
SF real estatefromwww.housingwire.com4 months agoMortgage origination volume is up for the nation's largest lendersUnited Wholesale Mortgage leads with $31.4 billion in loans in Q1 2025, showcasing strong growth trajectory.
SF real estatefromwww.housingwire.com4 months agoPennyMac's profits shrink, but its servicing portfolio hits $680 billionPennyMac showcased significant financial performance despite market volatility, positioning for growth as interest rates decline.