Pennymac
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About Pennymac: Private National Mortgage Acceptance Company, LLC (PNMAC) is a specialty asset management firm created to address the dislocations in the U.S. mortgage market. Through our licensed and registered subsidiaries, our focus is acquiring and managing residential mortgage assets on behalf of private investors. Our company is managed by a team of mortgage industry veterans led by Stanford L. Kurland, and is based in Calabasas, California. PNMAC’s strategic partners are BlackRock and Highfields Capital. PNMAC is bringing to the market fresh capital from long-term investors, as one step in addressing the U.S. mortgage crisis. (source: PNMAC.com)
