Careers
Who We Are:
The PennyMac companies and their affiliates (“PennyMac”) were created to form a new kind of mortgage company with a fully integrated platform that includes purchasing and managing mortgage investment portfolios, originating loans, servicing/managing assets, and facilitating sales in the secondary market. Our platform is comprehensive, scalable, and custom-built for the current market.
Together, the PennyMac companies comprise a specialty financial services firm that was founded to address the dislocations in the U.S. mortgage market. Our current focus is to play an active role in the revitalization of the mortgage market by supporting improved liquidity for smaller lenders, creating opportunities for public investment, and raising the standards for underwriting and analytic discipline.
What We Do:
PennyMac was created to address the mounting overhang of troubled mortgage assets in the marketplace and ultimately help revitalize investor trust by establishing sound and transparent underwriting standards and disciplines. Over the past three years, we have built a company with all the operational and intellectual capabilities needed to tackle the enormously complex tasks of sourcing assets, raising investor funds to purchase those assets, constructing a methodology and systems to support rigorous modeling and analytics, developing rational and actionable programs that will keep borrowers in their homes where economically feasible, and developing the organization and systems to implement those programs.
We believe that achieving a long-term sustainable resolution to the current challenges requires an approach that will encourage investment in the financial markets. Our interests are aligned with our investors, who provide necessary capital in exchange for attractive risk-adjusted returns, and the public, to the extent that our efforts aid in the stabilization of the housing market and economic recovery.
for positions in our new headquarters in Moorpark, CA.
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