26-18: Pennymac Strategic Acquisition of Cenlar

02/11/2026

Pennymac is proud to announce that we have entered into a definitive agreement to acquire the subservicing assets and business of Cenlar Capital Corporation, FSB (Cenlar).

At close, this will make Pennymac one of the largest subservicers in the U.S., and #2 overall servicer, and we’re still the #1 correspondent aggregator!

With this transaction, we are reinforcing our position as the partner of choice across the entire mortgage ecosystem. We will be an even greater source of stability and liquidity for your business, as we continue to provide innovative solutions for your mortgage needs.

Thank you for your continued partnership, and we look forward to even more successful ventures in the future.

For more information, visit https://pfsi.pennymac.com/news-events/press-releases/news-details/2026/Pennymac-Announces-Acquisition-of-Cenlars-Subservicing-Business-Becoming-One-of-the-Largest-Mortgage-Subservicers/default.aspx