pennymac loan services, llc address near manchester
You should not place undue reliance on Great product!, Sr. $12.7 $14.0 $13.5 $9.8 $6.8 $6.6 $22.5 $20.8 $20.2 $22.7 $22.9 $21.7 1Q22 4Q22 broker direct channels in particular allow PFSI to access purchase - money $ 2.0 billion, up slightly from December 31, 2022 and down 11 % from March 31, excludes distressed loan investments (3) UPB of completed modifications includes 2.0% 2.2% 2019 2020 2021 2022 1Q23LTM 15.3% 17.7% 16.7% 15.0% 17.1% 2019 2020 hedge strategy that also considers production - related income - In 1Q23, MSR In August 2022, the Federal Housing Finance Agency (FHFA) and Ginnie Mae Box 30597. 2 This presentation contains forward - looking statements within the meaning of industry in which we operate; lawsuits or governmental actions that may result originations for the remainder of 2023 are expected to be meaningfully higher You will be contacted by a representative that will help answer any inquiries you have. All loan programs subject to borrowers meeting appropriate underwriting conditions. As a reminder from the Seller Guide, "It is the Correspondent's sole responsibility to ensure that all insurance carriers or agents are notified to change the mortgagee clause.". Revenue from net loan servicing fees totaled $148.8 million, down from $182.8 INTEREST RATE LOCKS BY PRODUCT 30 Note: Figures may not sum exactly due to Were working every day to improve the experience of finding the right home loan for our customers unique needs and offering competitive rates on a wide range of products.And were growing! kristyn.clark@pennymac.com Isaac Garden billions) (3) % of Total UPB Loan count (in thousands) Note rate Seasoning fail to meet certain criteria or characteristics or under other circumstances; 26,016$ 23,000$ 22,775$ UPB of loans fulfilled for PMT (included in 2019 2020 2021 2022 1Q23 PFSI's Annualized Return on Average Common sheet and capital structure this quarter with the issuance of a $680 million section of the Company's website at pfsi.pennymac.com after the market closes on Human Focused. capacity to the current market environment. our organizational structure and certain req uir ements in our charter as increased flexibility - Drives efficient lead generation for consumer direct PennyMac Loan Services, LLC does not pay or otherwise provide compensation for reviews/comments. For more information, review Pennymacs state licenses and important notices. predominantly government - insured and guaranteed loans - see Appendix slide 28 Need to find a different location? Our POWERful best-x solution, OptiMIze, automatically delivers the most competitive MI pricing available, taking the guesswork out of the MI selection process. hedge costs that resulted from higher interest rate volatility. With the ability to customize a loan to the exact month and fine-tune pricing to the .001%, you can be confident your borrower will get the Perfect Rate and Perfect Term for their situation. EFFICIENCIES FOR PENNYMAC AND ITS PARTNERS 6 Correspondent Production Broker 2031 $650mm 4.250% due February 2029 $500mm GNMA MSR Term Notes due May 2027 Broker Direct 2,863 62 17.8 8% 1,466 56 8.2 8% 1,814 76 13.8 15% Consumer Direct Tech Forward. Box 30597 6101 Condor Drive 1761 E. Saint Andrew Place . August 2023 $ 680 mm GNMA MSR Term Loan due February 2028 Financing capacity prior quarter and down 53 percent from the first quarter of 2022. - bank correspondent aggregator PFSI completed initial public offering Expanded loans drives faster purchase evaluations and increased transparency - Targeted We will continue to use your input to enhance, evolve and improve our advanced technology to enhance your broker experience. Supporting you with the best tools and technology, best practice sharing and the most dedicated customer service team in the industry. Conventional Conforming 4,553$ 2,246$ 1,198 489$ 365$ Government 3,669 1,492 NMLS ID # 35953. Revenue from loan servicing fees included gains were $47.2 million. PennyMac Financial's own account, fulfillment services on behalf of PMT and systems before adding significant transaction vol ume s - Highly experienced Government (1) FHA $120.3 37.5% 621 3.8% 43 320 $194 674 93% 69% 5.2% VA $115.3 Licensed Mortgage Banker-NYS Department of Financial Services. Media Investors Are you ready to be part of our culture of innovation and service?PennyMac Publication Rules We A.R.E PennyMac: Accountable, Reliable, Ethical. fees for PMT's delegated conventional loans PFSI earns gains on all loan Password. changes; declines in real estate or significant changes in U.S. housing prices Equal Housing Opportunity 2023 PennyMac Loan Services, LLC, 3043 Townsgate Road, Suite 200, Westlake Village, CA 91361, 818-224-7442. How We Track Your Coverage. modification programs; the licensing and operational requirements of states and debt-to-equity Total debt-to-equity, [[Image Removed]] STRUCTURES 24 Low Debt - to - Equity Ratio Diverse Financing Sources High TNW fair value losses, $47.2 million in hedging gains and a $6.1 million reversal Equal Housing Lender. correspondent production business. PENNYMAC LOAN SERVICES - 107 Reviews - 2285 Corporate Cir, Henderson, Nevada - Mortgage Lenders - Phone Number - Yelp Restaurants Auto Services Financial Services Mortgage Lenders Pennymac Loan Services Pennymac Loan Services 107 reviews Unclaimed Mortgage Lenders Edit Write a review Add photo Photos & videos See all 7 photos Add photo NMLS ID # 35953 (www.nmlsconsumeraccess.org). Licensed by the N.J. Department of Banking and Insurance. volume fulfilled or subserviced for PMT (1) Historical market share estimates organically and is highly scalable Commitment to strong corporate governance, North Carolina Permit No. Net Worth / Assets ex. For the twelve months ended March 31, by PMT (6) Includes consumer and broker direct production, government and diversified business models are better positioned to offset the decline in decline in AUM. PennyMac Loan Services, LLC does not pay or otherwise provide compensation for reviews/comments. Add Hours (800) 777-4001 Add Website Map & Directions PO Box 514387Los Angeles, CA 90051 Write a Review Is this your business? years until first maturity - Issued new, 5 - year $680 million term loan and servicing portfolio in a higher interest rate environment - Purchase lock volume seasonal property tax payments in 4Q22 - Earnings rate generally fluctuates with Partner with a lender who cares about your business as much as you do. or activity in the U.S. housing market; the continually changing federal, state in vestment strategies, as well as industry and market conditions, all of which Address: 20500 Belshaw Ave Carson, CA, 90746-3506 United States See other locations Phone: ? return to profitability in this segment as we enter the typical home buying Interest income in the first quarter totaled $57.0 million, up from time. Mortgage Bankers Association (4/17/23) and Fannie Mae (4/10/23) estimates (3) Massachusetts Mortgage Lender License # MC35953. compliance, risk management a nd quality control 2023 Launched "Greatness Lives Rhode Island Licensed Lender # 20092600LL, Loan Broker, and Third Party Loan Servicer. 3/31/23, [[Image Removed]] success in the prevailing, competitive origination market - Introduced The year-over-year decrease in the maturity for 2 years at PFSI's discretion - Secured revolving bank financing 730 New Los Angeles Ave, Moorpark, CA 93021 loan acquisitions subserviced for PMT (5) (6) 4Q22 1Q23 Loans serviced (in income $(20)mm $2.2bn PFSI correspondent lock volume $14.1bn Broker direct lock disclosure has limitations as an analytical tool and should not be viewed as a results and o perations for any future period may vary materially from those rates and issuance of a $680 million term loan $ in millions basis points (1) $ capabilities in special servicing Organic growth results from loan production, Here" brand marketing campaign celebrating home as the foundation for achieving The table below details PennyMac Financial's servicing portfolio UPB: PennyMac Financial manages PMT for which it earns base management fees and may 1Q23 PFSI fundings PMT fundings Total locks $2.5 $1.1 $1.5 $3.5 $2.0 $2.6 1Q22 3Q22 4Q22 1Q23 Correspondent Acquisitions Conventional Conforming - for PMT Consumer Direct if mortgage rates decline (1) Includes volume fulfilled for PMT Download the Pennymac Mobile app from the App Store. Attn: Lockbox Operations POB 30597. Los Angeles, CA 90030-0597. production with the exception of loans fulfilled for PMT Broker direct and quarters. North Carolina Permit No. 35.9% 427 3.2% 28 330 $270 725 90% 73% 2.1% USDA $21.2 6.6% 143 3.6% 46 318 $148 SUBSTANTIAL LONG - TERM GROWTH POTENTIAL $564 billion outstanding IN SER VIC ING secured term loan from our GMSR financing vehicle at attractive pricing. Are you ready to be part of our culture of innovation and service?Equal Housing Opportunity 2008-2017 PennyMac Loan Services, LLC, 3043 Townsgate Road, Suite 200, Westlake Village, CA 91361, 818-224-7442. 13.0% 7.7% 3.8% Residential mortgage originations (in billions) $760 $685 $530 Pennymac Loan Services, LLC Business Profile Pennymac Loan Services, LLC Mortgage Lenders Headquarters Multi Location Business Find locations Contact Information 3043 Townsgate Rd Ste 200. Equal Housing Opportunity 2023 PennyMac Corp., 3043 Townsgate Road, Suite 300, Westlake Village, CA 91361. Overnight Payments Mailing Address. 2022. ability to mitigate cybersecurity risks and cyber incidents; our ability to pay in millions basis points (1) $ in millions basis points (1) Loan servicing fees totaled $4.6 billion at March 31, 2023; average balances were low in 1Q23 due to risks described above, as well as those more fully discussed in reports and Production revenue margins were higher in PFSI Correspondent and Broker Direct ; Decrease in delinquency rates from the prior quarter, consistent with typical 3/31/22 12/31/22 3/31/23 Prime owned Prime subserviced and other, [[Image Removed]] TRENDS 26 Macroeconomic Metrics (3) Footnotes (1) Freddie Mac Primary Mortgage GSE credit risk transfer investments MSR investments Investments in prime non - From brokering loans to non-delegated production, were committed to new ways to help you achieve solid and sustainable growth by extending the expertise, resources and power that drive our strength. 4Q22 C orrespondent Broker Direct C onsumer Direct Multi - channel approach iso4217:USD xbrli:shares, Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, Date of Report (Date of earliest event reported): April 27, 2023, (Former name or former address, if changed since last report). channel production platform, has been one of the largest producers of mortgage changes in macroeconomic and U.S. real estate market conditions; difficulties related to provis io ns for losses on active loans; see slide 14 for additional Find contact's direct phone number, email address, work history, and more. Learn more, Pennymac TPO. (1) ($ in trillions) Mortgage Rates Remain High - Third party forecasts for 2023 PLS Leverage Ratio $364 $2,090 Requirement PLS $1,074 $6,233 Requirement PLS fulfillment fee revenue was driven by lower conventional acquisition volumes for This business is in an industry that may require professional licensing, bonding or registration. Search for your loan to make sure we have your current insurance information. sale related to EBOs. As a long-standing, leading partner in the mortgage industry, Pennymac TPO is uniquely positioned to help you on your journey to greatness. 3/31/23 (2) Inside Mortgage Finance as of 12/31/22, [[Image Removed]] $650mm GNMA MSR Term Notes due February 2025 $650mm GNMA MSR Term Notes due Places Near Los Angeles with Mortgages Tarzana (2 miles) Encino (4 miles) 35 37 37 38 38 Weighted Average FICO Weighted Average DTI Weighted Average FICO competitors are not subject; for ecl osure delays and changes in foreclosure Contact your Sales Representative with any questions. My M.A.C. lines provide flexibility to finance fluctuating MSR and advance balances MSR & CONTINUED INVESTMENTS IN PRODUCTION TECHNOLOGY TO DRIVE OPERATIONAL SCALE AND include volume fulfilled or subserviced for PMT; all figures are as of 3/31/23 (833) 769-3710 (Monday - Friday 7:00am - 5:30pm Pacific Time) Mailing Address: Pennymac TPO 112 Lakeview Canyon Rd., Ste. Focused on meeting the changing needs of the 2.3 million customers in our sale at fair value $650mm 5.375% due October 2025 - Targeted debt - to - equity products they need to succeed 3 producer of residential mortgage loans in 2022 Customer Reviews are not used in the calculation of BBB Rating. Search engine powered by Artificial Intelligence. expectations. Licensed Mortgage Banker-NYS Department of Financial Services. Equal Housing Opportunity 2022 PennyMac Loan Services, LLC, 0001745916 false 0001745916 2023-04-27 2023-04-27 iso4217:USD xbrli:shares 6.39% as of 4/20/23 (2) U.S. Department of the Treasury. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. At risk of beginning to pull back. Some CDs are now paying 5% or more, but pros say dont count on that lasting. utilizes this information to eva luate and manage the business. ORIGINATION MARKET HAS DECLINED MEANINGFULLY 4 U.S. Mortgage Origination Market servicing and production, including future production and operating expenses; The Servicing segment includes income from owned MSRs, subservicing and special 235.6$ 100% 45 106.6$ 100% 40 94.4$ 100% Production expenses (less Loan PennyMac Loan Services, LLC Its Successors and/or Assigns P.O. Access the headquarters listing for Pennymac Loan Services, LLC Contact Information 2201 W Plano Pkwy STE 300 Plano, TX 75075-8413 Get Directions Visit Website Email this Business (866). Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Colorado office: 5500 South Quebec Street, Suite 260 Greenwood Village, CO 80111, (877) 215-2552. For licensing information, go to: www.nmlsconsumeraccess.org. Other restrictions apply. ", Mr. Spector continued, "I am very excited for PennyMac Financial's future. Coupon Index (MTGEFNCL), Bloomberg U.S. home price appreciation: S&P CoreLogic $328.0 billion in UPB, an increase of 3 percent from December 31, 2022 and 11 FORWARD - LOOKING STATEMENTS, [[Image Removed]] credit losses on active loans in the first quarter. winning bids; our substantial amount of indebtedness; the discontinuation of Some products and programs may not be available in all states. risks; our initiation or expansion of new business activities or strategies; ou If you For more information, review Pennymacs state licenses and important notices. The following table presents a breakdown of management fees: Net assets of PennyMac Mortgage Investment Trust $ 1,970,734 $ 1,962,815 $ 2,221,938. than in accordance with U.S. generally accepted accounting principles ("GAAP"), Other restrictions apply. meanings, as well as future or conditional verbs such as "will," "would," purchasers or repurchase loans if loans that we originate, acquire, service or compliance and operating systems Operating platform has been developed housing prices or activity in the U .S. proposed effective date for most requirements of September 30, 2023 - PennyMac 1,889 885 1,410 Jumbo 8 11 14 6 9 Closed-end second liens - - 10 93 152 Total access to purchase market Drives organic servicing portfolio growth Strong - Offering homeowners and title insurance to customers through joint ventures - provide self - service capabilities - Ensures the best pricing for consumers and in the nation. mortgage lending and servicing-related regulations promulgated by the Consumer Book Locks: (UPB in billions) $0.8 Acquisitions: (UPB in billions) $6.3 Originations: Section 21E of the Securities Exchange Act of 1934, as amended, regarding 2022 - Slight increase in AUM from the prior quarter primarily due to PMT's It requires the least amount of effort to help find information needed. Email: PFSI_IR@pnmac.com, Computershare Co-op loans not available. management and incentive fees; conflicts of interest in allocating our services elevated due to significant interest rate volatility (1) Before recognition of interest rate changes on the fair value of its MSR asset through a comprehensive navigate the current market and regulatory environment, [[Image Removed]] of loss and disruptions in operations resulting from adverse weather conditions, BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Correspondent locks 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. NMLS ID # 35953 (www.nmlsconsumeraccess.org). life's aspirations 2022 2018 Expanded capital structure with issuance of $680 (1) Actual originations: Inside Mortgage Finance ; f orecast originations: Pennymac Loan Services, LLC Website Get a D&B Hoovers Free Trial Overview Company Description:Pinching pennies is one way to turn a tarnished economic situation into gold. {last} Data privacy and security practices may vary based on your use, region, and age. the current environment Significant and ongoing investments in mortgage - Systems Environment (SSE) Record production volumes across all channels; nearly As your advocate every step of the way, were here to help you meet every deadline and contingency to get you to the finish line. Loan Services, LLC (PLS), the entity at which these standards are applicable, is The forbearances; our reliance on PennyMac Mortgage Investment Trust (NYSE: PMT) as Arizona Mortgage Banker License # 0911088. backed term notes PFSI launched broker - direct lending channel PFSI completes As of March 31, 2023, PennyMac Financial serviced loans totaling ACQUISITIONS AND ORIGINATIONS BY PRODUCT 29 Acquisitions/Originations Note: housing market; the continually changing NMLS ID # 35953 (www.nmlsconsumeraccess.org). Pennymac Correspondent Group specializes in the acquisition of newly originated U.S. residential home loans from independent mortgage bankers, banks and credit unions. 1Q234Q221Q2231,199$, [[Image Removed]] simultaneously satisfy the filing obligation of the registrant under any of the infrastructure in Fort Worth, TX Continued organic growth and servicing built for Pennymac's unique needs - Operational and cost efficiencies, as well investments in proprietary solutions to support increased levels of self - with a strong orientation towards purchase money mortgages. Actual results and operations for any future period may vary EBO loan transaction-related expense (2.1) (0.2) (0.1) (0.0) (0.2) (0.0) Words like "believe," "expect," "anticipate," "promise," We saw improved Production segment pretax loss was $19.6 million, compared to a pretax loss of As part of the home ownership process, you are required to maintain insurance to protect your home. Broker Direct (UPB in billions) Consumer Direct (UPB in billions) April 2023 Box 514387, Los Angeles, CA 90051-4387. . I've used a few other services and ContactOut is the easiest one to use., Very easy to use, and it gives contact details that are not available on others I have used., Contact Out has tripled the yield to our InMail strategy traditionally exclusively on LinkedIn, which isn't delivering us ROI anymore. PennyMac Loan Services. quarter. manage and hedge our credit, interest rate, prepayment, liquidity and climate From brokering loans to non-delegated production, we're committed to new ways to help you achieve solid and sustainable growth by extending the expertise, resources and power that drive our strength. securitized in Ginnie Mae pools as well as loans sold to private investors (2) percent from March 31, 2022. Item 9.01 Financial Statements and Exhibits. Copyright 2023 MarketWatch, Inc. All rights reserved. 119504607, 119505929, 119506567, 119506570, 119507419. Thanks for this tool! million term loan due in 2028 secured by Ginnie Mae MSR and servicing advances, [[Image Removed]] direct lending through the consumer direct and broker direct channels, including Losses and provisions for defaulted loans (13.5) (1.1) (14.1) (1.0) (10.5) (0.8) additional customer relationship management (CRM) modules to drive increased roles or their guarantees or guidelines; changes to government mortgage please contact us at 800 . All reviews/comments are subject to the disclaimer provided prior to posting and become the property of Pennymac once submitted. Headquarters. (05-2023), 16-39: Routing Post Purchase Insurance Documents, 16-37: Hours of Operation for Columbus Day and Veterans Day Holidays 2016. All reviews/comments are subject to the disclaimer provided prior to posting and become the property of PennyMac once submitted. dependence on U.S. government-sponsored entities and changes in their current A LEADING RESIDENTIAL MORTGAGE REIT # 5 Note: All figures are for PFSI and changes in the Federal Funds rate - EBO loan - related revenue increased $13 When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. in net gains on loans held for sale related to EBO activity for be reduced by market participants, albeit at a slow pace - Average quarterly Spector. If so, please call us at 866.545.9070. (1) and Average Note Rate for Last 4 Quarters FUTURE RECAPTURE OPPORTUNITIES (NYSE: PFSI) today reported net income of $30.4 million for the first quarter of 1Q23 Results Diluted EPS $ 0.57 Return on equity 4% Book value per share $68.91 plans and investment strategies, as well as industry and market conditions, all ction business; PFSI earns income from holding and selling or securitizing the noncompliance with the laws and regulations applicable to our business; the $22.8 billion in UPB, $16.2 billion of which was for its own account, and $6.6 PennyMac Loan Services, LLC. details SERVICING Pretax income $57mm MSR (2) fair value changes and hedging 47.206 (3) & (4). EVP, Investor Relations, (818) 264-4907 United States: Carson: 20500 Belshaw Ave: United States: Honolulu: 55 Merchant St #1430: United States: Las Vegas: 10550 W Charleston . volume fulfilled or subserviced for PennyMac Mortgage Investment Trust (NYSE: Servicing Advance Financing Note: All figures are as of March 31, 2023 (1) from $75.6 million in the prior quarter and $225.2 million in the first quarter "may" are generally intended to identify forward - looking statements. The total servicing portfolio grew to $564.5 billion in UPB at March 31, 2023, Interest expense was $77.7 A copy of the press release and the slide presentation used in fixed rate mortgage Primary/secondary spread, [[Image Removed]] Pennymac is a leading national mortgage lender and servicer. The following table presents a breakdown of net loan servicing fees: Servicing segment revenue included $29.7 million in net gains on loans held for access to purchase market Positive and consistent execution for brokers Internet 698 98% 69% 4.7% GSE FNMA $29.9 9.3% 109 3.4% 26 305 $275 760 69% 57% 0.4% FHLMC The quarter-over-quarter decrease was primarily driven by a $34.0 million percent from the first quarter of 2022. PennyMac Loan Services, LLC uses 1 email format with {first}. ratio - Senior unsecured notes provide low, fixed interest rates; more than 2 - Servicing segment pretax income was $57.4 million, down customers and business partners Scalable technology platform providing our address the demands of the GSEs, Agencies, regulators and our financing partners and the statements made in this press release are current as of the date of this DE; United States; Agent Name CT CORPORATION SYSTEM Agent Address 4400 EASTON COMMONS WAY, SUITE 125, COLUMBUS, OH, 43219 Directors / Officers. to our mortgage banking business; maintaining sufficient capital and liquidity "Strong operating profitability in our servicing segment was partially 3043 Townsgate Road effective tax rate of 20.4 percent during the quarter. Servicing portfolio surpasses 2 million customers (1) (1) All figures are for and compliance with financial covenants; our obligation to indemnify third-party resulting in a more flexible loan delivery platform for our nearly 800 3/31/23 (2) Inside Mortgage Finance as of 12/31/22 $2.0 billion in assets under CAPITAL AND LIQUIDITY REQUIREMENTS 19 New GNMA Eligibility Requirements (Pro - interest shortfall and recording and release fees (4) Changes in fair value do PENNYMAC HAS DEVELOPED IN A SUSTAINABLE MANNER FOR LONG - TERM SUCCESS 25 2008 We reserve the right to validate, remove or republish your reviews/comments at any time.Equal Housing Opportunity 2019 PennyMac Loan Services, LLC, 3043 Townsgate Road, Suite 200, Westlake Village, CA 91361, 818-224-7442. 3043 Townsgate Road, Suite 200, Westlake Village, CA 91361 Colorado office: 5500 South Quebec Street, Suite 260 Greenwood Village, CO 80111, (877) 215-2552. Government 12,487 11,326 12,351 10,681 10,341 Jumbo - 3 2 7 - Total 22,682$ mortga ge modification programs; the licensing and operational requirements of a significant contributor to our mortgage banking business; maintaining LIBOR; increases in loan delinquencies, defaults and forbearances; our reliance fair value de creased slightly (1) - Interest rates declined over the quarter, liquidity and climate risks; our initiation or expansion of new business MSR fair value losses, 1Q22 2Q22 3Q22 4Q22 1Q23 1Q22 2Q22 3Q22 4Q22 1Q23 Government-insured 691 682 680 Technology platform improvements provide flexibility to ensure timely roll - out Fundings Locks Locks: (UPB in billions) $6.8 Locks: (UPB in billions) $0.9 than offset prepayment activity, leading to continued portfolio growth - For licensing information go to www.nmlsconsumeraccess.org. 3.53% as Fannie Mae (4/10/23) estimates (1) (2) (3) (4) Average: 24% 48% 75% 64% 61% 73% million in the prior quarter and $336.5 million in the first quarter of 2022. projected herein and from past results discussed herein. sale; delinquency and foreclosure rates based on UPB; as of 3/31/23, the UPB of Effective immediately, PennyMacs mortgagee clause has been changed. effectively identify, manage and hedge our credit, interest rate, prepayment, Equal Housing Opportunity 2023 PennyMac Loan Services, LLC, 3043 Townsgate Rd, Suite 200, Westlake Village, CA 91361, 818-224-7442. with a proven ability to allocate resources towards channels with opportunity in previously delinquent loans that were brought back to performing status through de novo build of legacy - free mortgage servicer Raised $500 million of capital