Pennymac Expands Third Party Origination (TPO) Offerings with the Launch of NonDel+, a Full-Service Non-Delegated Solution
PennyMac Financial Services (NYSE: PFSI) has launched NonDel+, a full-service Non-Delegated solution within their POWER+ portal. This new platform is designed for banker partners who want control over their loans while receiving support with disclosures, loan documents, and additional services.
The NonDel+ platform offers several key features including: generation of compliant disclosures and documents, advanced pricing tools, dual AUS integration, real-time compliance checks, loan level fees control, access to OptiMIze for MI pricing, and a streamlined closing process with settlement agent collaboration.
As the third largest wholesale lender and leading loan acquirer in the correspondent channel, PennyMac aims to strengthen its position in the wholesale channel through this tech-forward solution that provides partners with comprehensive tools and resources.
PennyMac Financial Services (NYSE: PFSI) ha lanciato NonDel+, una soluzione completa Non-Delegated all'interno del loro portale POWER+. Questa nuova piattaforma è progettata per i partner bancari che desiderano avere il controllo sui propri prestiti ricevendo supporto per le divulgazioni, la documentazione dei prestiti e servizi aggiuntivi.
La piattaforma NonDel+ offre diverse caratteristiche chiave tra cui: generazione di divulgazioni e documenti conformi, strumenti avanzati di pricing, integrazione dual AUS, controlli di conformità in tempo reale, gestione delle spese a livello di prestito, accesso a OptiMIze per il pricing MI, e un processo di chiusura semplificato con collaborazione dell'agente di transazione.
Essendo il terzo più grande prestatore all'ingrosso e principale acquirente di prestiti nel canale corrispondente, PennyMac mira a rafforzare la sua posizione nel canale all'ingrosso attraverso questa soluzione tecnologica che fornisce ai partner strumenti e risorse complete.
PennyMac Financial Services (NYSE: PFSI) ha lanzado NonDel+, una solución de servicio completo Non-Delegated dentro de su portal POWER+. Esta nueva plataforma está diseñada para socios bancarios que desean tener control sobre sus préstamos mientras reciben apoyo con divulgaciones, documentos de préstamo y servicios adicionales.
La plataforma NonDel+ ofrece varias características clave, incluyendo: generación de divulgaciones y documentos conformes, herramientas avanzadas de precios, integración dual AUS, verificaciones de conformidad en tiempo real, control de tarifas a nivel de préstamo, acceso a OptiMIze para precios de MI, y un proceso de cierre simplificado con colaboración del agente de liquidación.
Como el tercer prestamista mayorista más grande y líder en la adquisición de préstamos en el canal corresponsal, PennyMac tiene como objetivo fortalecer su posición en el canal mayorista a través de esta solución avanzada en tecnología que proporciona a los socios herramientas y recursos completos.
PennyMac Financial Services (NYSE: PFSI)는 POWER+ 포털 내에 NonDel+라는 전체 서비스 비위임 솔루션을 출시했습니다. 이 새로운 플랫폼은 대출에 대한 통제권을 갖고 정보 공개, 대출 문서 및 추가 서비스에 대한 지원을 받고자 하는 은행 파트너를 위해 설계되었습니다.
NonDel+ 플랫폼은 여러 주요 기능을 제공하며, 여기에는 컴플라이언스 준수 공개 및 문서 생성, 고급 가격 책정 도구, 이중 AUS 통합, 실시간 준수 확인, 대출 수준 수수료 관리, MI 가격 책정을 위한 OptiMIze 접근 및 정산 에이전트 협력과 함께 간소화된 종료 프로세스가 포함됩니다.
대출 매입 측면에서 세 번째로 큰 도매 대출기관인 PennyMac은 이 기술 기반 솔루션을 통해 파트너에게 포괄적인 도구와 자원을 제공함으로써 도매 채널에서의 입지를 강화할 계획입니다.
PennyMac Financial Services (NYSE: PFSI) a lancé NonDel+, une solution complète Non-Déléguée à l'intérieur de leur portail POWER+. Cette nouvelle plateforme est conçue pour les partenaires bancaires qui souhaitent garder le contrôle de leurs prêts tout en recevant un soutien pour les divulgations, les documents de prêt et des services complémentaires.
La plateforme NonDel+ offre plusieurs fonctionnalités clés, notamment : génération de divulgations et de documents conformes, outils de tarification avancés, intégration duale AUS, vérifications de conformité en temps réel, contrôle des frais au niveau des prêts, accès à OptiMIze pour la tarification MI, et un processus de clôture simplifié avec collaboration de l'agent de règlement.
En tant que troisième plus grand prêteur de gros et principal acquéreur de prêts dans le canal correspondant, PennyMac vise à renforcer sa position dans le canal de gros grâce à cette solution axée sur la technologie, qui offre aux partenaires des outils et des ressources complets.
PennyMac Financial Services (NYSE: PFSI) hat NonDel+ gestartet, eine umfassende Non-Delegated-Lösung innerhalb ihres POWER+-Portals. Diese neue Plattform ist für Bankpartner gedacht, die Kontrolle über ihre Darlehen wünschen und gleichzeitig Unterstützung bei Offenlegungen, Darlehensdokumenten und zusätzlichen Dienstleistungen erhalten wollen.
Die NonDel+-Plattform bietet mehrere wichtige Funktionen, darunter: Erstellung konformer Offenlegungen und Dokumente, fortschrittliche Preisgestaltungstools, duale AUS-Integration, Echtzeit-Compliance-Prüfungen, Kontrolle der gebühren auf Darlehensebene, Zugang zu OptiMIze für MI-Preisgestaltung und einen optimierten Abschlussprozess mit Zusammenarbeit des Abwicklungsvertreters.
Als drittgrößter Großkreditgeber und führender Darlehenskäufer im Korrespondenzkana, strebt PennyMac an, seine Position im Großhandelsgeschäft durch diese technologieorientierte Lösung zu stärken, die Partnern umfassende Werkzeuge und Ressourcen bereitstellt.
- Launch of new NonDel+ platform expands service offerings
- Position as third largest wholesale lender indicates strong market presence
- Integration of advanced technology features enhances operational efficiency
- Automated compliance and underwriting systems reduce processing time
- None.
Insights
The launch of NonDel+ marks a significant strategic move by Pennymac, already the third-largest wholesale lender, to capture a larger share of the non-delegated lending market. This platform introduction is particularly well-timed given the current market's emphasis on operational efficiency and risk management.
The integration of dual AUS systems, real-time compliance checks and automated MI pricing through OptiMIze represents a comprehensive technological solution that addresses key pain points in non-delegated lending. These features could potentially reduce loan processing times by 30-40% while minimizing compliance risks, a important advantage in today's regulatory environment.
Most notably, this platform launch positions Pennymac to:
- Expand market share in the wholesale channel by targeting a previously underserved segment of banker partners
- Increase operational efficiency through automation and streamlined processes
- Reduce compliance risks through automated checks and standardized procedures
- Generate additional revenue streams from service fees and increased loan volume
The technology investment in POWER+ and NonDel+ demonstrates Pennymac's commitment to digital transformation and could provide a competitive edge in attracting and retaining partners who seek efficiency without sacrificing control over their loan processes. This move aligns with the industry-wide shift toward digital-first solutions while maintaining human oversight where it adds the most value.
New NonDel+ solution will provide a robust loan experience to an additional segment of clients for Pennymac TPO
"We are proud to expand our TPO offering with NonDel+, which was created to empower our TPO partners to thrive in the Non-Delegated lending space," said Kim Nichols, Chief TPO Production Officer. "This cutting-edge platform enabled by our proprietary POWER+ technology, reflects our commitment and investment in TPO and further establishes Pennymac as a preeminent player in the wholesale channel.”
NonDel+ leverages Pennymac’s expertise and technology in underwriting and compliance, while also delivering speed and fluidity in the loan process. The platform also facilitates the full end-to-end lending process, from loan setup and pricing through closing and delivery of closed loans for expedient purchase. NonDel+ offers a range of features in the POWER+ portal, including:
- Partner capabilities to generate fully compliant disclosures and documents
- Advanced pricing tools and dual AUS (Automated Underwriting Systems) integration
- Real-time compliance checks and eligibility reviews throughout the loan process
- Partner control of loan level fees
- Access to OptiMIze, Pennymac’s best execution Mortgage Insurance (MI) pricing tool that automatically delivers competitive negotiated MI rates
- Streamlined closing process, including a settlement agent collaboration portal to finalize fees and order closing documents
- On-demand support through HELP+ and POWER+ Zoom Rooms
As the third largest wholesale lender and number one acquirer of loans in the correspondent channel, Pennymac remains a leader in providing innovative mortgage solutions that empower partners with the tools and resources needed to succeed in today’s competitive market. With the POWER+ portal at the core of its offerings, Pennymac TPO delivers a dynamic, best-in-class loan platform with real-time updates and personalized support.
As a Tech-Forward, Human-Focused lender, backed by the strength and reliability of one of the nation’s largest mortgage companies, Pennymac TPO is dedicated to helping its partners grow their business and serve their customers’ homeownership goals.
For additional details regarding NonDel+ please visit tpo.pennymac.com.
About PennyMac Financial Services, Inc.
PennyMac Financial Services, Inc. is a specialty financial services firm focused on the production and servicing of
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Media
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805.395.9943
Investors
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Isaac Garden
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Source: PennyMac Financial Services, Inc.
FAQ
What is PennyMac's NonDel+ platform and how does it benefit mortgage partners?
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