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Tag Archives: PennyMac

PennyMac Selects Nordis Technologies as Print/Mail Partner

Nordis Technologies, based in Coral Springs, Flordia, has secured a major new customer, PennyMac Financial Services Inc., a leading national residential mortgage lender and loan servicer, for its print and mail services. Nordis is ramping up production and distribution of ...

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Previous Ginnie Mae President to Join PennyMac Board

PennyMac Financial Services, Inc., a specialty financial services firm, announced Thursday that August 1, 2017 former President of the Government National Mortgage Association (Ginnie Mae), Theodore W. Tozer, will join its Board of Directors.

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LRES Brings PennyMac on as New Valuation Services Client

LRES, a national provider of commercial and residential valuations and asset management, announced it is now serving the retail lending division of California-based PennyMac Financial Services. As part of its services for PennyMac, LRES is managing appraisals that comply with all USPAP requirements as well as all state and federal appraiser independence regulations for the company's customers.

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PennyMac Ordered to Cease and Desist Mortgage Activities in Georgia

The Georgia Department of Banking and Finance announced Friday that it has issued a final cease and desist order to Private National Mortgage Acceptance Co., LLC (PennyMac), the company created by several former executives of defunct subprime lender Countrywide Financial back in March of 2008. The order was issued after the Georgia regulator obtained evidence that PennyMac and PennyMac Loan Services engaged in residential mortgage brokering and lending activities without a license.

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