LOS ANGELES—(BUSINESS WIRE)—PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “Pennymac” or “the companies”), the Official Mortgage Provider of Team USA and the LA28 Olympic and Paralympic Games, today announced the launch of “Welcome Home: Athlete Mortgage Program,” a first-of-its-kind initiative designed to provide Team USA athletes with specialized support and resources as they navigate their homeownership journey.
“At Pennymac, we believe greatness begins at home - Team USA athletes, much like the families we serve, deserve a solid foundation to reach their full potential,” said Doug Jones, President and Chief Mortgage Banking Officer at Pennymac. “Through ‘Welcome Home,’ we’re proud to provide these athletes with mortgage expertise, guidance and a tech-forward experience, ensuring the tenacity they bring to the Olympic and Paralympic Games is rewarded with the stability of a permanent place to call their own.”
Building upon its landmark partnership established last year, Pennymac is continuing to turn its vision into reality by championing Team USA athletes as they achieve and sustain homeownership through dedicated guidance, exclusive benefits, and educational resources. The program will provide a comprehensive ecosystem of assistance, including dedicated home-lending experts, exclusive mortgage benefits, and tailored tools and insights designed to assist Team USA athletes whether they are accessing home equity, exploring refinancing options, or purchasing a home.
“We are incredibly thankful to have a partner like Pennymac that is deeply committed to supporting the Team USA athlete community,” said Sarah Hirshland, Chief Executive Officer of the U.S. Olympic & Paralympic Committee. “After witnessing the meaningful impact Pennymac has already made with athlete homeowners this past year, we are thrilled to build on that momentum with the launch of the ‘Welcome Home’ program and support even more athletes in the years to come.”
Pennymac has been honored to support several Team USA athletes on their homeownership journeys to-date, including U.S. Olympic freestyle skier and three-time Olympic medalist Alex Ferreira, U.S. Olympic speedskater and Olympic gold medalist Erin Jackson, U.S. Paralympic snowboarder and five-time Paralympic medalist Brenna Huckaby, and U.S. track and field athletes, five-time Paralympic medalist Hunter Woodhall and Olympic gold medalist Tara Davis-Woodhall. Building on those experiences, Pennymac is proud to formalize and launch the “Welcome Home” program, extending its support to the broader Team USA athlete community.
“Home is my sanctuary; it’s where I reset, and Pennymac understood that,” said Alex Ferreira, 2026 U.S. Olympic freeski halfpipe gold medalist. “They were looking out for me from the start, reaching out directly to make sure I was locked into the best possible rate. Knowing my mortgage is in good hands gave me the peace of mind to focus more on what I care about most - staying 100% dialed in on my goals on and off the mountain.”
Pennymac is now expanding its reach through “Welcome Home”, a new program with the USOPC designed to support the entire Team USA athlete community. As the journey toward the LA28 Olympic and Paralympic Games accelerates over the next two and a half years, Pennymac will continue evolving the program alongside the athletes it serves.
The program is anchored by three core pillars designed to support Team USA athletes throughout the homeownership lifecycle:
- Dedicated Lending Support: Athletes gain access to dedicated home loan experts who understand their distinctive financial profiles.
- Exclusive Home Loan Benefits: The program equips athletes with specialized savings opportunities and comprehensive loan options.
- The Home Team Training Center: Pennymac delivers tailored homeownership content, webinars, and educational tools designed to empower athletes to make confident financial decisions.
The “Welcome Home” program reflects Pennymac’s belief that supporting Team USA athletes extends beyond the field of play. By helping Team USA navigate homeownership with confidence, Pennymac is investing in the people behind the podium and the futures they are building.
For more information about Pennymac’s partnership with LA28 and Team USA, visit the Welcome Home program page.
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 4,100 people across the country. In 2024, PennyMac Financial’s production of newly originated loans totaled $116 billion in unpaid principal balance, making it a top lender in the nation. As of December 31, 2024, PennyMac Financial serviced loans totaling $666 billion in unpaid principal balance, making it a top mortgage servicer in the nation. Additional information about PennyMac Financial Services, Inc. is available at pfsi.pennymac.com .
About PennyMac Mortgage Investment Trust
PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. PMT is externally managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary of PennyMac Financial Services, Inc. (NYSE: PFSI). Additional information about PennyMac Mortgage Investment Trust is available at pmt.pennymac.com .
About the LA28 Olympic and Paralympic Games
The LA28 Games will mark Los Angeles’ third time hosting the Olympic Games, previously hosted in 1984 and 1932, and first time to host the Paralympic Games. Los Angeles will host the world’s most elite athletes in 2028 as it welcomes Paralympians and Olympians from around the world to compete on the biggest stage in sports. The LA28 Games are independently operated by a privately funded, nonprofit organization, with revenue from corporate partners, licensing agreements, hospitality and ticketing programs and a significant contribution from the International Olympic Committee.
About Team USA
Team USA is the world’s largest and most diverse team of athletes from across the United States who compete at the Olympic, Paralympic, Youth Olympic, Pan American and Parapan-American Games. The United States Olympic and Paralympic Committee, founded in 1894, serves as the National Olympic Committee and National Paralympic Committee for the United States and is responsible for protecting, supporting and empowering Team USA athletes. For more information, visit TeamUSA.org .
Contacts
Media
Kristyn Clark
mediarelations@pennymac.com
805.395.9943
Investors
Kevin Chamberlain
Isaac Garden
PFSI_IR@pennymac.com
818.224.7028
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