ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Pennymac Expands Third Party Origination (TPO) Offerings with the Launch of NonDel+, a Full-Service Non-Delegated Solution

New NonDel+ solution will provide a robust loan experience to an additional segment of clients for Pennymac TPO

PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced today the launch of its full service Non-Delegated solution, NonDel+, an intuitive, end-to-end loan experience within the dynamic POWER+ portal that is specifically tailored to banker partners who value control over their loans, but desire support with disclosures, loan documents and additional services.

"We are proud to expand our TPO offering with NonDel+, which was created to empower our TPO partners to thrive in the Non-Delegated lending space," said Kim Nichols, Chief TPO Production Officer. "This cutting-edge platform enabled by our proprietary POWER+ technology, reflects our commitment and investment in TPO and further establishes Pennymac as a preeminent player in the wholesale channel.”

NonDel+ leverages Pennymac’s expertise and technology in underwriting and compliance, while also delivering speed and fluidity in the loan process. The platform also facilitates the full end-to-end lending process, from loan setup and pricing through closing and delivery of closed loans for expedient purchase. NonDel+ offers a range of features in the POWER+ portal, including:

  • Partner capabilities to generate fully compliant disclosures and documents
  • Advanced pricing tools and dual AUS (Automated Underwriting Systems) integration
  • Real-time compliance checks and eligibility reviews throughout the loan process
  • Partner control of loan level fees
  • Access to OptiMIze, Pennymac’s best execution Mortgage Insurance (MI) pricing tool that automatically delivers competitive negotiated MI rates
  • Streamlined closing process, including a settlement agent collaboration portal to finalize fees and order closing documents
  • On-demand support through HELP+ and POWER+ Zoom Rooms

As the third largest wholesale lender and number one acquirer of loans in the correspondent channel, Pennymac remains a leader in providing innovative mortgage solutions that empower partners with the tools and resources needed to succeed in today’s competitive market. With the POWER+ portal at the core of its offerings, Pennymac TPO delivers a dynamic, best-in-class loan platform with real-time updates and personalized support.

As a Tech-Forward, Human-Focused lender, backed by the strength and reliability of one of the nation’s largest mortgage companies, Pennymac TPO is dedicated to helping its partners grow their business and serve their customers’ homeownership goals.

For additional details regarding NonDel+ please visit tpo.pennymac.com.

About PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Founded in 2008, the company is recognized as a leader in the U.S. residential mortgage industry and employs approximately 4,100 people across the country. In 2024, PennyMac Financial’s production of newly originated loans totaled $116 billion in unpaid principal balance, making it a top lender in the nation. As of December 31, 2024, PennyMac Financial serviced loans totaling $666 billion in unpaid principal balance, making it a top mortgage servicer in the nation. Additional information about PennyMac Financial Services, Inc. is available at pfsi.pennymac.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.