Pennymac raises $750M in unsecured debt

California-based Pennymac Financial Services raised $750 million in unsecured debt with qualified institutional investors, 15% more than it initially expected, the company announced Thursday. Pennymac will use the proceeds of the offering to repay $650 million in debt due in October 2025. The remai
Read MoreHousingWire Annual 2023 On Demand

The Full PictureWith how important and critical information is in the current environment, we’re excited to share recordings from this year’s HousingWire Annual.To watch the on-demand sessions, click on the buttons below. The full session videos are only available to HousingWire Subscribers. Not sub
Read More7 best real estate schools in Massachusetts for 2024

Vetted by HousingWire | Our editors independently review the products we recommend. When you buy through our links, we may earn a commission.Many Massachusetts real estate schools offer online courses. We’ve researched the best online programs to help you quickly complete the 40 hours of prelicens
Read MoreCondo originations ‘streamlined’ through project advisor tool: Freddie Mac

Government-sponsored enterprise (GSE) Freddie Mac on Wednesday announced further enhancements to its Condo Project Advisor tool that are designed to “streamline” such loan originations and to offer lenders “greater security” through a new designation, according to an announcement.“This designation,
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