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Pennymac TPO launches non-QM product suite
Summary by HousingWire
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Pennymac TPO launches non-QM product suite
PennyMac Financial Services, Inc. said on Tuesday that it has launched a suite of non-qualified mortgage (non-QM) products within its third-party origination division, aimed to help lending partners serve borrowers with complex financial profiles. “Pennymac TPO’s newest offerings give our partners tools to help self-employed, entrepreneurs and business owners participate in homeownership,” said Kim Nichols, chief TPO production officer at PennyM…
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