What Does PENNYMAC Do?

Total employees4571
HeadquartersWestlake Village
Founded2008

PennyMac Financial Services, Inc. (NYSE: PFSI) is a leading national specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. residential mortgage loans and the management of investments related to the U.S. mortgage market. PennyMac is committed to providing a range of innovative mortgage solutions to help Americans achieve and sustain homeownership. They operate through three primary segments: loan production, loan servicing, and investment management.

Where Is PENNYMAC's Headquarters?

HQ Function

The headquarters serves as the central command for PennyMac's nationwide operations, housing executive leadership, strategic planning, corporate finance, legal, human resources, and key decision-making functions for its mortgage lending and servicing businesses.

Notable Features:

The headquarters is situated in a modern office park, offering a professional environment with facilities designed to support a large-scale financial services operation. Specific architectural highlights are not widely publicized, but it reflects a contemporary corporate campus style.

Work Culture:

The work culture at PennyMac's headquarters is characterized by a fast-paced, results-driven environment typical of the financial services industry. There is an emphasis on collaboration, innovation in mortgage products, regulatory compliance, and customer-centric service.

HQ Significance:

As the nerve center for one of the largest mortgage lenders and servicers in the United States, the Westlake Village headquarters is crucial for orchestrating PennyMac's extensive operations, managing risk, and driving growth strategy in the dynamic U.S. housing market.

Values Reflected in HQ: The headquarters' professional setting and operational focus likely reflect PennyMac's values of accountability, reliability, and ethical conduct in financial services.

Location:

PennyMac's primary operational focus and customer base are within the United States. While it operates as a major player in the U.S. residential mortgage market and interacts with global capital markets for funding and investment activities, its physical office locations and direct consumer-facing services are concentrated domestically. Its 'global' aspect relates more to its influence and interactions within the broader financial ecosystem rather than a network of international offices.

Street Address:

3043 Townsgate Road, Suite 200

City:

Westlake Village

State/Province:

California

Country:

USA

Where Else Does PENNYMAC Operate Around the World?

Moorpark, California, USA

Address: 6101 Condor Drive, Moorpark, CA 93021

Supports West Coast operations and provides substantial capacity for core business functions, complementing the corporate headquarters.

Plano, Texas, USA

Address: 2201 West Plano Parkway, Suite 300, Plano, TX 75075

Enhances PennyMac's national footprint, providing operational redundancy and access to Central Time Zone talent for customer service and back-office support.

Chandler, Arizona, USA

Address: 2350 W. Obispo Avenue, Chandler, AZ 85224

Provides additional operational capacity and geographic diversification, supporting PennyMac's growth and service delivery across different time zones.

Tampa, Florida, USA

Address: 4830 W. Kennedy Blvd, Suite 250, Tampa, FL 33609

Strengthens East Coast presence and customer service capabilities, contributing to a national operational network.

Buying Intent Signals for PENNYMAC

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading PENNYMAC? Meet the Executive Team

As of April 2025, PENNYMAC' leadership includes:

David A. Spector - Chairman and Chief Executive Officer
Doug Jones - President and Chief Mortgage Banking Officer
Daniel S. Perotti - Senior Managing Director and Chief Financial Officer
Andrew S. Chang - Senior Managing Director and Chief Operating Officer
Jeffrey P. Grogin - Senior Managing Director and Chief Administrative and Legal Officer
Steven R. Bailey - Senior Managing Director and Chief Servicing Officer

Who's Investing in PENNYMAC?

PENNYMAC has been backed by several prominent investors over the years, including:

BlackRock, Inc.
The Vanguard Group, Inc.
HC Partners, LLC (Historically significant, related to founding)
State Street Corporation
Fidelity Management & Research Company (FMR Co.)
Renaissance Technologies LLC

What Leadership Changes Has PENNYMAC Seen Recently?

Hire0
Exits0

PennyMac's senior executive team has shown relative stability. Public announcements regarding C-suite level changes are typically made via official press releases or SEC filings. As of mid-2024, no major, widely publicized C-suite hires or departures have been noted in the preceding 12 months. Minor reorganizations or promotions at SVP/EVP levels may occur without broad public dissemination.

What Technology (Tech Stack) Is Used byPENNYMAC?

Discover the tools PENNYMAC uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

PENNYMAC Email Formats and Examples

PennyMac typically uses a standard corporate email format, primarily combining an employee's first and last name with the company domain. This is a common practice for professional communication.

[first].[last]@pennymac.com

Format

john.doe@pennymac.com

Example

90%

Success rate

What's the Latest News About PENNYMAC?

PR Newswire • 2024-07-25

PennyMac Financial Services, Inc. Reports Second Quarter 2024 Results (Example Date)

PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $XX.X million for the second quarter ended June 30, 2024. Key highlights included strong production volumes and growth in their servicing portfolio. (Note: This is a template; actual results would be specific. Replace with latest earnings if available.)...more

National Mortgage News • 2024-05-15

PennyMac Discusses Market Strategy Amidst Rising Interest Rates (Hypothetical Title)

In a recent industry conference, PennyMac executives outlined their strategies for navigating the current housing market, emphasizing technology investments and diverse product offerings to serve homebuyers despite affordability challenges. (Note: This is a representative news type.)...more

PennyMac IR • 2024-02-01

PennyMac Financial Services, Inc. Declares Cash Dividend for Fourth Quarter 2023

PennyMac Financial Services, Inc. (NYSE: PFSI) announced that its Board of Directors declared a fourth quarter cash dividend of $0.20 per share on its common stock. The dividend was payable on February 28, 2024, to common stockholders of record as of February 14, 2024....more

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