Pennymac acquires Cenlar FSB

Pennymac agreed to acquire Cenlar FSB. Reported deal value: $172.5M. Status: Announced. Sector: Mortgage Servicing. Target headquarters context: Ewing, New Jersey, United States.

This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.

February 11, 2026 PennyMac Financial Services , Inc. announced it has entered into a definitive agreement to acquire the subservicing business of Cenlar Capital Corporation , primarily consisting of subservicing contracts and mortgage servicing operations, in an all-cash transaction for an upfront purchase price of $172.5 million and up to $85 million of contingent consideration payable over three years