Business Segments

Business Segments

We conduct our business in three segments: loan production, loan servicing (together, these two activities comprise mortgage banking), and investment management. Our loan production segment is sourced through three channels: correspondent production, consumer direct lending and broker direct lending launched in 2018. Our loan servicing segment performs loan administration, collection, and default management activities. Our investment segment currently manages PennyMac Mortgage Investment Trust (PMT) and two private Investment Funds.