Pennymac has raised its conventional loan limits to $850,000 for one-unit properties, becoming the latest major mortgage lender to move ahead of the Federal Housing Finance Agency’s official 2027 conforming loan limit announcement. The new limit is effective for...
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...
The correspondent division of PennyMac Financial Services Inc. (NYSE: PFSI) is rolling out a new suite of non-qualified mortgage (non-QM) products on Sept. 22. According to the Westlake Village, California-based company, the new product types include Debt Service...
RMR Posts $12.4 Million Quarterly Loss as Managed Real Estate Assets Fall t…
