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PennyMac Financial, PennyMac Mortgage expand master repurchase agreements

Jan 08, 2019 - SNL Financial

PennyMac Financial Services and PennyMac Mortgage Investment Trust amended their respective August 2017 master repurchase agreements to increase the maximum aggregate principal amount under the agreements to $950 million through Aug. 21, the expiration date.

PennyMac Financial and PennyMac Mortgage amended their agreements with Deutsche Bank AG's Cayman Islands branch through their respective wholly owned subsidiaries, PennyMac Loan Services LLC and PennyMac Corp.