Exclusive: Pennymac to Acquire Subservicing Giant Cenlar for $257.5M

HousingWire, Feb. 11, 2026-Sarah Wolak
PennyMac Financial Services Inc. announced Wednesday afternoon that it’s acquiring Cenlar Capital Corp., the country’s second-largest mortgage subservicer. The all-cash transaction includes an upfront purchase price of $172.5 million and up to $85 million of contingent consideration payable over three years.
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