PennyMac grew from a crisis-era mortgage buyer into a $731 billion servicing machine. Its next act is more ambitious: turn the software and operating muscle behind that machine into a product for the rest of the industry.
America's volume mortgage machine does not sell home loans to the public. It equips thousands of independent brokers with capital, software and speed - then earns its place behind the closing table.
PrimeLending, A PlainsCapital Company, is a Dallas-based national residential mortgage originator founded in 1986. A wholly owned subsidiary of PlainsCapital Bank (part of Hilltop Holdings), PrimeLending offers a broad menu of home financing options - conventional, FHA, VA, USDA, jumbo, construction and renovation loans, plus refinancing - through a network of loan officers, retail branches and builder joint ventures across all 50 states. The company has ranked as a Top 10 purchase lender every year since 2012 and pairs a bank-affiliated balance sheet with digital origination tools to serve homebuyers and builder partners nationwide.