Jeff Gentry

PennyMac’s mortgage playbook and how to scale over time By Coy Ashcraft LIVE from Austin, Texas at The Gathering, this conversation with David Spector, Chairman and CEO of PennyMac, is all about timing, scale, and playing the long game in a consolidating mortgage market. Positive housing demand is reducing inventory growth By Coy Ashcraft Sarah Wheeler talks with Lead Analyst Logan Mohtashami about housing demand, inventory, existing home sales and mortgage rates.

LIVE from Austin, Texas at The Gathering, this conversation with David Spector, Chairman and CEO of PennyMac, is all about timing, scale, and playing the long game in a consolidating mortgage market. Spector walks through the company’s pivot from a purely organic growth mindset to a strategic acquisition of Sagent/Cenlar—not as a change in philosophy, but as a response to reality. Building subservicing from scratch would’ve taken years. Buying scale? Immediate impact.

If you want to understand where the mortgage industry is headed, spend a few days listening to lenders at gatherings like ICE Experience, HousingWire’s The Gathering or Texas MBA’s annual convention when they are not presenting, not pitching and not on panels. Spend time in the hallways. At the booths. In the quiet conversations between meetings. That is where the real story emerges. Across industry conferences, thousands of mortgage professionals are gathering to talk about the future.