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News Briefs

January 12, 2018
PennyMac Financial Services launched its broker origination channel this week. While the company hasn’t originated many jumbo mortgages in the past year, it said the broker channel “will provide opportunities to grow volumes in attractive segments,” including jumbos. Carrington Mortgage Services recently launched some nonprime products in its wholesale channel. The lender allows for credit scores as low as 500 and loan amounts up to ... [Includes five briefs]
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