Sign In
Create Account
Sign Out
My Account
Cart
Inside Mortgage Finance
MBS & ABS
The GSEs
The CFPB
Mortgage Trends
FHA/VA Lending
Nonconforming Markets
Data
Subscribe to Data
Home
» PennyMac Ordered to Pay $155 Million in Tech Breakup
Looking to read the full article? Subscribe today!
PennyMac Ordered to Pay $155 Million in Tech Breakup
December 7, 2023
Brandon Ivey
Black Knight didn’t receive all of the damages it sought from PennyMac while the nonbank servicer is now free and clear to use proprietary technology that’s less expensive than Black Knight’s offerings.
Inside Mortgage Finance
Legal Actions
Servicing
Purchase this article for $55.00
Subscribe To The Newsletter
Latest Imf News
Fannie Increases Profits Despite Decline in Acquisitions
Annaly Leads Expanded-Credit MBS Issuers in First Quarter
Originations, MSR Marks Up at Rithm in First Quarter
FHFA Final Rule Codifies Equitable Housing Finance Plans
More Imf News
Featured Data
Sales to the GSEs Continued to Decline in First Quarter
Refis With Primary MI in Agency MBS Spike in First Quarter
Some Signs of Credit Loosening in GSE Volume
Share of High-Coupon Loans Continues Growing in 1Q24
More Featured Data
Featured Reports
IMF HMDA Dashboard: 2023
GSE Repurchase Activity: Cumulative to Fourth Quarter 2023 (PDF Format)
2024 Mortgage Market Statistical Annual
Top Mortgage Players: 4Q23 (PDF)
More Latest Reports
Featured Poll
The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?
No. In fact, we’re still downsizing.
Yes, but only a few positions.
Yes, we’re expecting a boom!
No. We’re staffed just right.
View Results