Pennymac (Pennymac Financial Services and PennyMac Mortgage Investment Trust), has proudly announced that they will be a sponsor of the Los Angeles 2028 Olympic and Paralympic Games, as well as the historic first official mortgage sponsor of the U.S. Olympic and Paralympic teams. This agreement marks the first partnership of its kind between a mortgage lender and the U.S. Olympic team.
SHARED VALUES
“This partnership embodies the spirit of hard work, dedication and the pursuit of excellence, values that resonate deeply with Pennymac and the extraordinary athletes who inspire us all,” said David Spector, Pennymac president and CEO. “We are proud to support the LA28 Games and Team USA, and we are committed to empowering those pursuing extraordinary achievements, from world-class athletes to those seeking to fulfill their dream of homeownership.”
Over the next several years, Pennymac will strengthen this partnership through various initiatives designed to build its brand while supporting its mission, vision and industry leadership. This includes collaborating with U.S. Olympic and Paralympic athletes to provide education and support on homeownership issues.
ATHLETE SUPPORT
John Slusher, CEO of U.S. Olympic and Paralympic Properties, emphasized the importance of this collaboration, “In sports and in life, we are stronger together. It is special to welcome Pennymac to the Movement, a local partner that understands Los Angeles and shares our belief in the power of sport to inspire and connect communities. With a commitment to shared values and supporting people’s dreams, Pennymac will play a unique role in helping us build a strong and successful LA28 Games.”
Pennymac will also celebrate this partnership by working with Team USA athletes to share their personal stories and experiences related to homeownership. The company is committed to providing mortgage tools and education to both athletes and future homebuyers.
AN INSPIRATIONAL CAMPAIGN
As part of this collaboration, Pennymac has launched its Team USA-inspired marketing campaign, titled “Where Greatness Lives.” This campaign visually connects the shared values between Team USA athletes and aspiring homeowners by highlighting inspiring personal stories of the athletes.
In addition, Pennymac, which is headquartered near Los Angeles, will celebrate its 20th anniversary in 2028, coinciding with the LA28 Olympic and Paralympic Games. This event will mark the first time in 26 years that the Olympic and Paralympic Games will be held on U.S. soil, and Los Angeles will host the Paralympic Games for the first time in its history. This milestone offers a unique opportunity to connect a new generation to the power of the Olympic and Paralympic Movement.
A COMMITMENT TO EXCELLENCE AND COMMUNITY
“This is more than a partnership, it’s a commitment to stand alongside our community in Los Angeles and welcome the world to our home. We know that every journey begins with a solid foundation, and we are proud to stand with those who are building their own unique stories,” concluded Spector.
