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BRIEF-Pennymac Financial Services enters master repurchase agreement
August 24, 2017 / 9:04 PM / 3 months ago

BRIEF-Pennymac Financial Services enters master repurchase agreement

Aug 24 (Reuters) - Pennymac Financial Services Inc:

* Pennymac Financial Services -on Aug 21, co through indirect subsidiary, Pennymac Loan Services, Llc, entered master repurchase agreement - SEC filing​

* Pennymac Financial Services-pursuant to deal, please may sell to Deutsche Bank, later repurchase, newly originated mortgage loans in aggregate amount up to $750 million​

* Pennymac Financial Services Inc - ‍repurchase agreement is set to expire on August 21, 2019, unless terminated earlier in accordance with its terms​ Source text: (bit.ly/2iwM6bo) Further company coverage:

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