Pennymac Expands Third Party Origination (TPO) Offerings with the Launch of NonDel+, a Full-Service Non-Delegated Solution
February 06 2025 - 7:00AM
Business Wire
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250206257918/en/
Media Kristyn Clark mediarelations@pennymac.com
805.395.9943
Investors Kevin Chamberlain Isaac Garden
PFSI_IR@pennymac.com 818.224.7028
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