Training, Reno, Underwriting, and Recruiting Products; Misc. Vendor News

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Posted To: Pipeline Press

If you want to have more of your financial future tied to lending, PennyMac Mortgage Investment Trust (PMT) announced the pricing of an underwritten public offering of 8,000,000 common shares . The Company intends to use the net proceeds from the offering for “general corporate purposes, including funding its investment activity, which may include investments in credit risk transfer securities, mortgage servicing rights, mortgage-backed securities and new products such as home equity lines of credit or prime, non-qualified mortgage loans, as well as the repayment of indebtedness and working capital.” And in other corporate moves, Gateway Mortgage Group completed its merger to form Gateway First Bank with $1.2 billion in assets, five banking centers in Northwest Oklahoma, 160 mortgage…(read more)

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