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Stock impact report

Pennymac TPO Expands Offerings with Launch of Non-QM Products

PennyMac Financial Services, Inc. (PFSI) 
Last pennymac financial services, inc. earnings: 2/6 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: Business Wire
New Offerings to Support Self-Employed, Entrepreneurs, and Business Owners WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today announced that it has launched a comprehensive suite of non-qualified mortgage (Non-QM) products in its third party origination (TPO) division. These products are designed to help TPO partners solve complex borrower scenarios, expand their addressable market, and close more loans.“Pennymac TPO’s newest offerings give our partners tools to help self-employed, entrepreneurs, and business owners participate in homeownership,” said Kim Nichols, Chief TPO Production Officer at Pennymac. “As the Non-QM space continues to grow, we’re excited to expand into this area and continue the significant growth of our TPO channel.”Pennymac TPO’s Non-QM offerings are built with flexibility at their core, offering a wide array of income documentation options and loan features tailored to real-world borrower scenarios.The new Non-QM Show less Read more
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