A major player in correspondent lending and mortgage servicing, Pennymac is looking to provide more loans directly to consumers through a strategic partnership and investment in mortgage loan origination software provider Vesta.
Source: Inman News
Pennymac takes a stake in Vesta, launches non-QM mortgages
Published in Alex Boand, Andreessen Horowitz, Bain Capital Ventures, california, Conversion Capital, correspondent lending, debt service coverage ratio, Devon Yang, Doug Jones, fannie mae, freddie mac, Index Ventures, Industry News, loan origination software, Mike Yu, Mortgage, mortgage servicing, mortgage-backed securities, non QM, non qm loans, non qualified mortgage, PennyMac, PennyMac Financial Services, san francisco, Select, Technology, venture capital, Vesta and Zigg Capital
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