Bandwidth Inc. Powers Pennymac's Cloud Migration, Achieves 50% Cost Savings and Faster Loan Processing

Reuters

07-09

<a href="https://laohu8.com/S/BAND">Bandwidth Inc.</a> Powers Pennymac's Cloud Migration, Achieves 50% Cost Savings and Faster Loan Processing

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.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bandwidth Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL26496) on July 09, 2025, and is solely responsible for the information contained therein.

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Powers Pennymac's Cloud Migration, Achieves 50% Cost Savings and Faster Loan Processing\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-09 20:13</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/BAND\">Bandwidth Inc.</a> Powers Pennymac's Cloud Migration, Achieves 50% Cost Savings and Faster Loan Processing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Bandwidth Inc., a global leader in enterprise cloud communications, has announced a significant partnership with Pennymac, a prominent U.S. mortgage lender. 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