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NewsSimi Valley AcornJuly 3, 2026Ventura

PennyMac Mortgage Relocating Headquarters to Simi Valley

National mortgage lender PennyMac is moving its operations from Moorpark to Simi Valley, a move city officials say will retain over 1,000 jobs within Ventura County.

economic developmentemploymentbusiness relocationSimi Valley
Read the full story at Simi Valley Acorn

Why It Matters

The relocation secures the presence of a major employer and its 1,000-person workforce within the local tax and economic jurisdiction of Simi Valley.

Key Facts

  • PennyMac is relocating its business operations from Moorpark to Simi Valley.
  • The move retains more than 1,000 jobs within Ventura County.
  • The company considered locations outside of the region before selecting Simi Valley.
  • City officials identified this as one of the largest recent business acquisitions for Simi Valley.

Who's Mentioned

locationMoorpark“The city where the company was previously located.”personLuis Garibay“Assistant City Manager of Simi Valley.”organizationPennyMac“National mortgage lender relocating its offices.”locationSimi Valley“The city receiving the business relocation.”