PennyMac Financial Services Expanding Partnership With Amazon Web Services To Enhance Mortgage Application And Servicing Processes

Amazon.com, Inc.
PennyMac Financial Services, Inc.
PennyMac Mortgage Investment Trust

Amazon.com, Inc.

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PennyMac Financial Services, Inc.

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PennyMac Mortgage Investment Trust

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PennyMac Financial Services, Inc. (NYSE:PFSI) (Pennymac), one of America's leading U.S. mortgage lenders and servicers, is expanding its strategic agreement with Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), to accelerate its transformation into an AI-driven mortgage technology leader. Building on years of successful collaboration, Pennymac is now leveraging AWS' generative AI capabilities to upgrade the mortgage application and servicing processes.