Search for: "PENNYMAC LOAN SERVICES" Results 1 - 8 of 8
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1 May 2020, 2:25 pm by Philip R. Stein and Enza G. Boderone
PennyMac, one of the largest private aggregators, warned its correspondent originators earlier this month that it may force mortgage originators to buy back a loan that goes into forbearance within 15 days of PennyMac’s purchase of the loan. [read post]
10 Oct 2011, 3:56 pm
As for moral hazard, Steve Bailey, chief servicing officer at PennyMac, a California company that bought shaky loans, said that failure to cut principal was to blame, not the other way around. [read post]
3 Apr 2020, 2:30 pm by Sam Turco
Cooper a/k/a Nationstar Phone: 1-855-375-4001 NewRez Phone:1-866-317-2347 PennyMac Phone: 1-800-777-4001 PHH Mortgage Services Phone: 888-820-6474 Wells Fargo Phone: 1-800-357-6675   Image courtesy of Flickr and sergio santos [read post]
24 Sep 2021, 6:10 am by Robert Kraft
Lenders like PennyMac Loans make it easy to find the ideal loan, be it an FHA, conventional, or VA. [read post]
26 Oct 2011, 7:02 am by admin
    Gallant pays his mortgage on time Goofus gets principal relief   Nor is this step a limitation on moral hazard:   As for moral hazard, Steve Bailey, chief servicing officer at PennyMac, a California company that bought shaky loans [They describe it as 'address the dislocations in the US mortgage market' – Ed.], said that failure to cut principal was to blame, not the other way around. [read post]