PennyMac's mission is to keep borrowers in their homes while providing attractive risk-adjusted returns to our investors over the long-term. The knowledge and experience of our executive team is essential to our ability to execute our mission. In service of this mission, we aim to develop loan programs that avoid foreclosure by directly addressing the borrower’s willingness and ability to pay his or her mortgage.

At PennyMac, while we believe that the preservation of home ownership is the highest priority, we recognize that the ultimate recovery of the US mortgage market will require a multi-pronged approach which balances the needs and interests of consumers, investors and the financial markets. We strive to deliver the necessary concern for borrowers and commitment to analytic discipline and ethical conduct to the US mortgage marketplace.

We believe that achieving a long term sustainable resolution to the current challenges requires an approach that will encourage investment in the financial markets.

Our business model is designed to create the opportunity for the US public to invest in revitalizing the market through direct investment in portfolios of "troubled" residential mortgage loans.

Our success depends on our ability to align the interests of homeowners, investors and PennyMac.