PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a specialty financial services firm primarily focused on the production and servicing of U.S. residential mortgage loans and the management of mortgage-related investments. Founded in 2008, the company is headquartered in Westlake Village, California. Its mission is to build the foundation of homeownership by enabling Americans to achieve and sustain their aspirations of home.

The company operates through two primary segments: Loan Production and Loan Servicing. The Loan Production segment sources new prime credit quality residential mortgage loans through correspondent production, consumer direct lending, and broker direct lending channels. The Loan Servicing segment handles loan administration, collection, and default management activities. PennyMac Financial Services also manages PennyMac Mortgage Investment Trust (NYSE: PMT), a mortgage real estate investment trust, and offers a range of mortgage products including FHA, VA, home equity, investment property, and jumbo loans.

PennyMac Financial Services is recognized as one of America's leading U.S. mortgage lenders and servicers, holding a position as a top originator and one of the largest servicers in the nation. In 2025, it was named the top overall mortgage lender and top correspondent lender by Scotsman Guide. David Spector serves as Chairman and CEO. Recent strategic initiatives include the October 2026 deployment of VantageScore 4.0 across its production platform to enhance access to homeownership and the February 2026 agreement to acquire Cenlar's subservicing business to expand its servicing operations. The company is also the Official Mortgage Supporter of the 2026 and 2028 U.S. Olympic and Paralympic Teams.