KBRA Releases Surveillance Report for Private National Mortgage Acceptance Company, LLC

On August 12, 2026, KBRA affirmed the issuer rating of BBB- for Private National Mortgage Acceptance Company, LLC (PNMAC or "PennyMac"). The Outlook for the rating is Stable. PNMAC is an intermediate holding company that controls PennyMac Loan Services, LLC (“PLS”), a leading residential mortgage loan originator and servicer. PennyMac is owned by PennyMac Financial Services, Inc. (NYSE: PFSI), the top-tier holding company. PLS accounts for the preponderance of consolidated PFSI’s total assets.

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