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January 7, 2014

PennyMac Loan Services Sells Excess MSRs to Affiliate

By Paul Muolo

The sale was disclosed in a new SEC filing. The MSRs are backed by $10.8 billion of Ginnie Mae product.

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The year is almost 75% done. How is mortgage origination volume at your shop?

We will fund about the same as we did in 2016.
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We will fund more than last year – by a lot.
We will fund less than last year – by a little.
We will fund less than last year – by a lot.

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