PennyMac Partners with Team USA and LA28: A Landmark Deal in the Mortgage Sector

David Spector, Chairman and CEO of PennyMac, emphasized the alignment of values between the company and Team USA. “This partnership embodies the spirit of hard work, dedication, and the pursuit of excellence – values that resonate deeply with Pennymac and the remarkable athletes who inspire us all,” Spector stated. The partnership aims to not only support the athletes but also empower individuals aspiring to achieve homeownership.

This collaboration will enable Pennymac to engage with U.S. Olympic and Paralympic athletes, providing them with educational resources and support for their homeownership journeys. Spector expressed pride in standing alongside athletes, highlighting the company’s commitment to fostering a culture of excellence that inspires future generations.

John Slusher, CEO of U.S. Olympic and Paralympic Properties, welcomed the partnership, recognizing Pennymac as a locally headquartered ally that shares a belief in the transformative power of sport. “In sport and in life, we are stronger together,” Slusher remarked, emphasizing the unique role Pennymac will play in building toward a successful LA28 Games while supporting the dreams of athletes and the local community.

The partnership will feature a variety of initiatives designed to enhance Pennymac’s brand while supporting its mission and values. These initiatives will include direct engagement with athletes to share their personal homeownership stories, reflecting the company’s dedication to its clients.

To celebrate this partnership, Pennymac will roll out a new marketing campaign titled “Where Greatness Lives.” This campaign aims to visually connect the inspiring narratives of Team USA athletes with those of aspiring homeowners, showcasing the shared values of determination and achievement.

The timing of this partnership is particularly significant as Pennymac approaches its 20th anniversary in 2028, coinciding with the LA28 Games. As Los Angeles prepares to host the Olympics and Paralympics for the first time in 26 years, this collaboration represents a unique opportunity to celebrate community and strengthen bonds with customers, including veterans and other stakeholders.

PennyMac has a long-standing commitment to supporting the community, having assisted over 5 million homeowners throughout its history. The company is recognized as a top VA lender, servicing more than $125 billion in VA home loans, and has been named a 2025 Military Friendly Employer. With its impressive track record, PennyMac holds a prominent position in the mortgage industry, being the No. 1 correspondent aggregator and among the top lenders in the country as of Q4 2024.

As the Official Mortgage Supporter of Team USA and the LA28 Games, PennyMac is poised to make a significant impact on both the Olympic movement and the housing market. The partnership reflects a commitment to community, excellence, and the empowerment of individuals pursuing their dreams. With the eyes of the world on Los Angeles in 2028, PennyMac is ready to celebrate the spirit of the Games while supporting the aspirations of athletes and homeowners alike.

For further information about PennyMac’s partnership with LA28 and Team USA, interested parties can explore additional resources online.