CrossCountry Mortgage: $10.80 Per Share Deal To Acquire Two Harbors Investment - Pulse 2.0
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CrossCountry Mortgage→Two Harbors Investment
Mar 28, 2026
Cenlar Acquired by Pennymac — Financial Services M&A
Announced
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Deal Summary
Pennymac agreed to acquire Cenlar’s mortgage subservicing business for $172.5M upfront plus up to $85M contingent consideration.
Key Details
- Transaction
- Pennymac acquires Cenlar
- Deal Size
- Under $10M
- Reported Value
- $70 billion
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