PennyMac, Annaly Capital enter subservicing partnership
Annaly formed a strategic partnership with PennyMac to strengthen its MSR portfolio, expand subservicing and recapture capabilities, and optimize capital through active management.
Pennymac announces equity stake, partnership with Vesta
Pennymac implemented Vesta's cloud-based loan origination platform to boost efficiency, improve customer experience, and plan a multichannel rollout across production channels.