PennyMac & Vesta: A Mortgage Milestone?

PennyMac Financial Services stock jumps after partnering with Vesta Innovations, becoming the first major lender to use Vesta's modern mortgage platform. Is this a game-changer for the mortgage industry and PennyMac's continued growth, or just a step in the right direction? We break down the stock's recent activity, including a new 52-week high, and explore how this tech investment could impact PennyMac's future in a rapidly evolving market. Hosted on Acast. See acast.com/privacy for more information.