Bandwidth Inc., a global leader in enterprise cloud communications, has announced a significant partnership with Pennymac, a prominent U.S. mortgage lender. By migrating to Bandwidth's cloud communication platform, Pennymac has achieved over 50 percent annual telecom savings and enhanced its loan processing efficiency. This transition has led to improved customer experiences and compliance measures. Key benefits include faster loan finalization, 24/7 payment options, and automated compliance checks, underscoring Bandwidth's role as a trusted provider in the financial services industry.
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