PFSI

Pennymac Financial Services, Inc.

A large American residential mortgage lender and servicer, PennyMac helps homeowners buy and refinance homes and manages mortgage loans for banks, credit unions, and other lenders. Founded in 2008 by a former Countrywide executive during the housing crisis, the company grew into one of the nation's biggest non-bank mortgage platforms. Its name comes from its formal legal name, Private National Mortgage Acceptance Company, with the "Mac" echoing giants like Fannie Mae and Freddie Mac.