PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative to provide specialized support and resources to Team USA athletes pursuing homeownership.
According to the company, the program will offer the input of home lending professionals, exclusive mortgage benefits, and tailored tools and insights designed to assist Team USA athletes. The program covers homebuying, refinancing and home equity options.
“At Pennymac, we believe greatness begins at home,” said Doug Jones, president and chief mortgage banking officer at Pennymac. “Team USA athletes, much like the families we serve, deserve a solid foundation to reach their full potential. Through ‘Welcome Home,’ we’re proud to provide these athletes with mortgage expertise, guidance and a tech-forward experience, ensuring the tenacity they bring to the Olympic and Paralympic Games is rewarded with the stability of a permanent place to call their own.”
“We are incredibly thankful to have a partner like Pennymac that is deeply committed to supporting the Team USA athlete community,” said Sarah Hirshland, CEO of the US Olympic & Paralympic Committee. “After witnessing the meaningful impact Pennymac has already made with athlete homeowners this past year, we are thrilled to build on that momentum with the launch of the ‘Welcome Home’ program and support even more athletes in the years to come.”
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