PENNYMAC

Pennymac is a leading specialty financial services firm that focuses on the production and servicing of U.S. residential mortgage loans and investment management related to the U.S. mortgage market. The company operates in three business segments: Loan Production, Loan Servicing, and Investment Management. Pennymac was founded in 2008 by members of its executive leadership team and strategic partners, BlackRock Mortgage Ventures, LLC and HC Partners, LLC. The company has a strong track record of performance and earnings growth, driven by its commitment to quality and governance.

Pennymac is recognized as an industry leader, particularly in the correspondent lending space. Its Correspondent Group (PCG) is the largest non-bank correspondent investor, specializing in acquiring newly originated U.S. residential mortgage loans from small banks and independent originators. Pennymac's success is driven by its commitment to providing a best-in-class client experience and offering competitive pricing and superior customer support. The company's operations are guided by its core values of being Accountable, Reliable, and Ethical.

Pennymac offers a comprehensive benefits package designed to support employees at all stages of their career. The company provides flexible benefits to meet individual needs, including health insurance, dental, vision, life insurance, disability insurance, retirement savings plans, paid time off, and paid holidays. Pennymac also offers a variety of other perks and programs to enhance the employee experience, such as tuition reimbursement, professional development opportunities, and employee resource groups.

Pennymac is a leading specialty financial services firm dedicated to the production and servicing of U.S. residential mortgage loans and the management of investments related to the U.S. mortgage market. Pennymac aims to provide attractive risk-adjusted returns to its shareholders through dividends and capital appreciation by specializing in mortgage-related assets created through its correspondent production activities.

Pennymac promotes a culture built on the core values of being Accountable, Reliable and Ethical. This means striving for performance excellence through innovation and risk management, exceeding customer expectations by working together and operating with urgency, and demonstrating integrity, honesty, and fairness in all business dealings. The company emphasizes collaboration, technical expertise, and building trust among employees and stakeholders.

Pennymac is committed to fostering a diverse, equitable, and inclusive culture through customized programs and initiatives designed to attract, develop, and engage a highly talented and performance-focused workforce. They recognize the importance of providing clarity in roles and responsibilities, establishing development networks and relationships, and supporting promotional opportunities that foster continued growth and learning. They believe that their continued growth and success is a direct reflection of the talent and diversity of their people.