NYSE:PFSIDiversified Financial
PennyMac Financial Services (PFSI): Valuation Insights as New Non-QM Mortgage Products Target Unserved Borrowers
PennyMac Financial Services (PFSI) just made waves with the announcement of a new line of non-qualified mortgage products, set to launch later this month. This latest move is about more than simply broadening the company’s offerings; it targets a growing segment of borrowers who have traditionally found it tough to secure mortgage financing, such as real estate investors, self-employed individuals, and first-time buyers who do not fit into the typical lending mold. By rolling out these...