Private National Mortgage Acceptance Company, LLC Surveillance Report
Company Profile
Private National Mortgage Acceptance Company, LLC (“PennyMac” or “the company”), an intermediate holding company, together with its operating subsidiary, PennyMac Loan Services, LLC (PLS), is a leading residential mortgage loan originator and servicer. PennyMac is owned by PennyMac Financial Services, Inc. (NYSE: PFSI), also a holding company. PLS forms the preponderance of consolidated PFSI and consolidated PennyMac assets.
PLS predominantly originates prime residential loans to create loan servicing assets and perennially ranks as one of the largest residential loan originators in the U.S., across all the key production channels. PLS is the 5th largest residential loan servicer according to company disclosures.
In 1Q26, PFSI announced an agreement to acquire the subservicing business of Cenlar Capital Corporation (“Cenlar”), primarily consisting of sub-servicing contracts and mortgage servicing operations. PFSI is expected to add about $450…
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