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PennyMac to Lay Off 81 in California Mortgage Office

Friday, Mar 25 2022
Lending
Written by  The Mortgage Leader

PennyMac has revealed plans for 81 layoffs at the mortgage lender’s Roseville, Calif. office. So reports Sacramento Business Journal.

PennymacA PennyMac spokesperson didn’t elaborate on who was affected by the layoffs, which were disclosed in a regulatory filing.

The spokesperson told Business Journal in email, “Our Roseville site is still active and currently serving primarily consumer direct business and IT organization.”

Read the full article from Sacramento Business Journal.

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