Pennymac to Aid U.S. Army Veteran Career Transitions by Joining Forces with PaYS Program
08 Julio 2024 - 3:20PM
Business Wire
Helping Service Members Entering the Workforce
with a Path to a “Career That Brings It Home”
PennyMac Financial Services, Inc. (NYSE: PFSI) (“Pennymac”),
today announced its participation in the U.S. Army Partnership for
Your Success (PaYS) program. This collaboration marks a significant
milestone in the commitment Pennymac has made to support military
veterans as they transition into the civilian workforce.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240708485080/en/
David Spector (Chairman and CEO,
Pennymac), MAJ Tyran Askew (L.A. Battalion Executive Officer) along
with Soldiers from the L.A. Recruiting Battalion. (Photo: Business
Wire)
The PaYS Program is a strategic partnership between the U.S.
Army and a cross section of private industry, academia, and state
and local public institutes. It’s designed to help veterans secure
a successful career after their military service. Through this
program, veterans can choose from five PaYS partners to receive
guaranteed interviews, offering an invaluable bridge to civilian
careers.
As a PaYS partner, Pennymac is dedicated to guaranteeing job
interviews to all qualified participants for open positions in
various areas, including sales, loan servicing, customer service,
human resources and technology. The United States Army Training and
Doctrine Command (TRADOC) plays a crucial role in the PaYS program
by informing enlistment prospects and ROTC cadets about the PaYS
program and the related civilian job opportunities.
The event celebrating the partnership contract signing featured
speeches from David Spector, Pennymac’s Chairman and CEO, and
Battalion Executive Officer Major Tyran L. Askew, as well as a
Presentation of Colors flag ceremony by the U.S. Army Color Guard
with the national anthem performed by Kisha Parker Croom — Managing
Director of Corporate Sustainability at Pennymac. The event also
showcased an interactive Army semi-truck loaded with educational
opportunities, virtual reality experiences, and flight
simulators.
“Many know Pennymac as a leading VA lender with over 450,000 VA
customers today and over one million VA customers served in the
last 16 years – but our commitment goes beyond that,” stated
Spector. “We are proud to have been named a military-friendly
employer six times, because we recognize the immense value veterans
bring to the workforce.”
“Supporting our veterans is about more than just offering jobs,
it's about creating a home where they can flourish. Today marks a
significant step forward, but we're not stopping here. We envision
this partnership with Army PaYS as the foundation for a
comprehensive recruitment program designed to support veterans
throughout their entire career.”
Pennymac now joins over 1,300 employers across various
industries participating in the PaYS program to create valuable
employment opportunities for veterans.
For more information and career opportunities at Pennymac,
please visit www.pennymac.com/careers.
About PennyMac Financial Services, Inc.
PennyMac Financial Services, Inc. is a specialty financial
services firm focused on the production and servicing of U.S.
mortgage loans and the management of investments related to the
U.S. mortgage market. Founded in 2008, the company is recognized as
a leader in the U.S. residential mortgage industry and employs
approximately 3,800 people across the country. For the twelve
months ended March 31, 2024, PennyMac Financial’s production of
newly originated loans totaled $98 billion in unpaid principal
balance, making it the second largest mortgage lender in the
nation. As of March 31, 2024, PennyMac Financial serviced loans
totaling $617 billion in unpaid principal balance, making it a top
five mortgage servicer in the nation. Additional information about
PennyMac Financial Services, Inc. is available at
pfsi.pennymac.com.
About Army PaYS
The PaYS program supports the Army's mission to recruit, with
integrity, high quality men and women, connect America with its
Army and positively impact perceptions of the Army to build an
environment more favorable to the Army's Brand. The PaYS Soldier
agrees to fulfill their Army obligation with the knowledge of a
guaranteed interview, which may lead to possible employment.
Soldiers who participate in the program develop valuable skills and
experience, in addition to gaining opportunities for employment
with organizations who understand the value of their military
service. This partnership connection provides a win-win situation
for all. For more information, visit:
https://www.armypays.com/.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240708485080/en/
Media Lauren Padilla mediarelations@pennymac.com
805.395.9943
Investors Kevin Chamberlain Isaac Garden
PFSI_IR@pennymac.com 818.224.7028
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