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PennyMac May Have Buyer for Two Pools

PennyMac may have found a buyer for two different pools of loans it put out for bid in December, according to investment banking sources who work in the nonperforming loan market.

The publicly traded REIT declined to comment but acknowledged that it has been trying to sell two loan pools — a $20 million nonperforming loan package, and a $17 million performing pool.

A source said Kondaur Capital of California may have been a bidder on the nonperforming package. Kondaur did not return telephone calls on the matter.

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