Is PennyMac owned by Freddie Mac?
Answer: PLS is a seller/servicer for the Federal National Mortgage Association (”Fannie Mae”) and the Federal Home Loan Mortgage Corporation (”Freddie Mac”), each of which is a government-sponsored enterprise (”GSE”). ...
PCM manages PennyMac Mortgage Investment Trust (NYSE: PMT), a mortgage real estate investment trust.
Is PennyMac related to Fannie Mae?
Answer: Ginnie Mae: The Lesser-Known Sister of Fannie and Freddie
Thank you. I guess Ginnie Mae doesn’t care if the note gets paid.