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: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.