The layoffs come as Pennymac ups its investment in technology and marketing to help it do more business directly with consumers and mortgage brokers.
Source: Inman News
Pennymac lays off 236 workers after upping tech, marketing investments
Published in correspondent lending, David Spector, loanDepot, Markets & Economy, Mortgage, PennyMac, PennyMac Financial Services, PennyMac Mortgage Investment Trust, Rocket Mortgage, Select and wholesale lending
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