April 20, 2018 1:34 AM ET

Thrifts and Mortgage Finance

Company Overview of PennyMac Loan Services, LLC

Company Overview

PennyMac Loan Services, LLC provides home mortgage loans to borrowers and investors. It offers home purchase loans, such as adjustable rate mortgages, Federal Housing Administration (FHA) loans, fixed rate loans, jumbo loans, and Veteran’s Affairs (VA) loans; refinancing loans, which include adjustable rate mortgages, FHA positive equity refinancing, FHA streamline, fixed rate loans, HARP refinance programs, jumbo loans, and VA mortgage programs; and mortgage relief and assistance programs. It also specializes in small balance multifamily and commercial loans in the United States. PennyMac Loan Services, LLC has strategic partnerships with BlackRock Mortgage Ventures, LLC; and HC Partners, L...

3043 Townsgate Road

Suite 200

Westlake Village, CA 91361

United States

Founded in 2008

Phone:

818 224 7442

Fax:

818 224 7397

Key Executives for PennyMac Loan Services, LLC

Chairman & CEO
Age: 65
President & COO
Age: 54
Senior MD & CFO
Age: 40
Chief Financial Officer
Age: 62
Vice President of Corporate Business Development
Compensation as of Fiscal Year 2017.

PennyMac Loan Services, LLC Key Developments

Pennymac Holdings, LLC and PennyMac Loan Services, LLC Announce the Amended Loan Agreement

PennyMac Financial Services, through its units PennyMac Holdings LLC and PennyMac Loan Services LLC, on March 3, 2017 amended a loan agreement with Citibank that the companies use to finance mortgage servicing rights. The amendment raises the maximum aggregate purchase price provided for in the loan agreement to $400 million from $125 million. The loan agreement's repayment date is October 20, 2017.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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