Client Advisory: April 2, 2026

Cenlar-Pennymac Integration: Pennymac Due Diligence Materials Available

In the seven weeks since we announced Pennymac’s proposed acquisition of Cenlar’s subservicing business, we’ve remained steadfast in our commitment to a deliberate, transparent transition that ensures you, our clients, are our top priority every day.

Transparency is especially important now more than ever as this acquisition involves the strong relationships you and your client management team have worked hard to build. We know you have questions about the ongoing transition work between Cenlar and Pennymac, especially concerning due diligence. We appreciate your patience and understanding as we’ve worked to compile all the pertinent information.

For your review, a due diligence overview of the current state of Pennymac’s Servicing and Enterprise Risk Management can be found here.

This is not a one-off. We will continue our ongoing efforts to keep you apprised of updates and progress, including regular touchpoints and emails with vital information about the acquisition and transition. For consistency, these email updates will use the same subject line as this email going forward, so they are easier for you to identify.

Please share this update with any critical personnel at your organization who may need to see it. Should you have any questions, please reach out to your client manager. Thank you.