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Volume 2017 - Number 43

November 9, 2017

PennyMac Focuses on Originations and Servicing Growth With Launch of Wholesale Channel, Tech Development

PennyMac Financial Services is set to launch broker-direct originations, complementing its correspondent production and retail originations. Officials note that in-house technology development plays a major role in the nonbank’s efforts to increase originations and servicing.

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What’s your opinion on how Mick Mulvaney has managed the CFPB since he took over three months ago?

He’s done a good job of paring back the agency’s excesses and we’d like to see more.

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I hope he totally dismantles the agency and sends those functions back to the agencies hence they came.

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Not bad, but he needs to take his time making additional changes.

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