Document:

EX-10.96

 Exhibit 10.96 

EXECUTION 
 AMENDMENT NUMBER TWELVE

 to the 
 MASTER REPURCHASE
AGREEMENT 
 Dated as of May 24, 2012, 

among 
 PENNYMAC CORP., 

PENNYMAC LOAN SERVICES, LLC 
 and

 CITIBANK, N.A. 
 This
AMENDMENT NUMBER TWELVE (this “Amendment Number Twelve”) is made this 7th day of September, 2015, among PENNYMAC CORP. (“Seller”), PENNYMAC LOAN SERVICES, LLC (“Servicer”) and CITIBANK, N.A.
(“Buyer”), to the Master Repurchase Agreement, dated as of May 24, 2012, among Seller, Servicer and Buyer, as such agreement may be amended from time to time (the “Agreement”). Capitalized terms used but not
otherwise defined herein shall have the meanings assigned to such terms in the Agreement. 
 RECITALS 

WHEREAS, Seller and Buyer have agreed to extend the term of the facility, as more specifically set forth herein; and 

WHEREAS, as of the date hereof, Seller represents to Buyer that the Seller Parties are in full compliance with all of the terms and conditions
of the Agreement and each other Program Document and no Default or Event of Default has occurred and is continuing under the Agreement or any other Program Document. 

NOW THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and for the mutual covenants
herein contained, the parties hereto hereby agree as follows: 
 SECTION 1. Amendment. Effective as of September 7, 2015
(the “Amendment Effective Date”): 
 (a) Section 2 of the Agreement is hereby amended by adding the new definition of
“2015 Extension Fee” in the appropriate alphabetical order to read as follows: 
 “2015 Extension
Fee” shall have the meaning assigned to it in the Pricing Side Letter. 
 (b) Section 2 of the Agreement is hereby amended by
deleting the definition of “Termination Date” in its entirety and replacing it with the following: 

“Termination Date” shall mean October 22, 2015 or such earlier date on which this Agreement shall
terminate in accordance with the provisions hereof or by operation of law. 
 SECTION 2. Fees and Expenses. Seller agrees to pay
to Buyer all reasonable out of pocket costs and expenses incurred by Buyer in connection with this Amendment Number Twelve (including all reasonable fees and out of pocket costs and expenses of the Buyer’s legal counsel) in accordance with
Sections 23 and 25 of the Agreement. 
 SECTION 3. Condition Precedent. As a condition precedent to the effectiveness of this
Amendment Number Twelve, if not otherwise paid pursuant to Sections 2 and 3 of Amendment Number Twenty to the NPL Repurchase Agreement, Buyer shall have received from Seller an amount equal to the 2015 Extension Fee in immediately available funds,
and without deduction, set-off or counterclaim in accordance with Buyer’s Wire Instructions. 

 SECTION 4. Representations. Seller hereby represents to Buyer that as of the date
hereof, Seller is in full compliance with all of the terms and conditions of the Agreement and each other Program Document and no Default or Event of Default has occurred and is continuing under the Agreement or any other Program Document. 

SECTION 5. Binding Effect; Governing Law. This Amendment Number Twelve shall be binding on and inure to the benefit of the parties
hereto and their respective successors and permitted assigns. THIS AMENDMENT NUMBER TWELVE SHALL BE CONSTRUED IN ACCORDANCE WITH, AND GOVERNED BY, THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO THE CONFLICT OF LAWS PRINCIPLES THEREOF
(EXCEPT FOR SECTION 5-1401 OF THE NEW YORK GENERAL OBLIGATIONS LAW). 
 SECTION 6. Counterparts. This Amendment Number Twelve
may be executed by each of the parties hereto on any number of separate counterparts, each of which shall be an original and all of which taken together shall constitute one and the same instrument. 

SECTION 7. Limited Effect. Except as amended hereby, the Agreement shall continue in full force and effect in accordance with its
terms. Reference to this Amendment Number Twelve need not be made in the Agreement or any other instrument or document executed in connection therewith, or in any certificate, letter or communication issued or made pursuant to, or with respect to,
the Agreement, any reference in any of such items to the Agreement being sufficient to refer to the Agreement as amended hereby. 

  
 2 

 IN WITNESS WHEREOF, Seller, Servicer and Buyer have caused this Amendment Number Twelve to be
executed and delivered by their duly authorized officers as of the Amendment Effective Date. 
  

					
	PENNYMAC CORP.
	(Seller)
		
	By:	 	/s/ Pamela Marsh
	Name:	 	Pamela Marsh
	Title:	 	Executive Vice President, Treasurer

  

					
	PENNYMAC LOAN SERVICES, LLC,
	(Servicer)
		
	By:	 	/s/ Pamela Marsh
	Name:	 	Pamela Marsh
	Title:	 	Executive Vice President, Treasurer

  

					
	CITIBANK, N.A.
	(Buyer)
		
	By:	 	/s/ Susan Mills
	Name:	 	Susan Mills
	Title:	 	Vice President Citibank, N.A.

  
 Amendment Number
Twelve to Master Repurchase Agreement (PMAC Agency)EX-10.105

 Exhibit 10.105 
  

					
	 POP REWAREHOUSE TPO FACILITY
	  	 	EXECUTION	  

 AMENDMENT NO. 6 

TO MASTER REPURCHASE AGREEMENT 

Amendment No. 6 to Master Repurchase Agreement, dated as of October 30, 2015 (this “Amendment”), among Credit
Suisse First Boston Mortgage Capital LLC (the “Buyer”), PennyMac Operating Partnership, L.P. (the “Seller”) and PennyMac Mortgage Investment Trust (the “Guarantor”). 

RECITALS 
 The Buyer, the
Seller and the Guarantor are parties to that certain Master Repurchase Agreement, dated as of September 28, 2012 (as amended by Amendment No. 1, dated as of May 8, 2013, Amendment No. 2, dated as of December 31, 2013,
Amendment No. 3, dated as of January 10, 2014, Amendment No. 4, dated as of October 31, 2014, and Amendment No. 5, dated as of April 14, 2015, the “Existing Repurchase Agreement”; and as further amended
by this Amendment, the “Repurchase Agreement”) and the related Pricing Side Letter, dated as of September 28, 2012 (as amended, restated, supplemented or otherwise modified from time to time, the “Pricing Side
Letter”). The Guarantor is a party to that certain Guaranty (as amended, restated, supplemented or otherwise modified from time to time, the “Guaranty”), dated as of September 28, 2012, by the Guarantor in favor of
Buyer. Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Existing Repurchase Agreement and Guaranty, as applicable. 

The Buyer, the Seller and the Guarantor have agreed, subject to the terms and conditions of this Amendment, that the Existing Repurchase
Agreement be amended to reflect certain agreed upon revisions to the terms of the Existing Repurchase Agreement. As a condition precedent to amending the Existing Repurchase Agreement, the Buyer has required the Guarantor to ratify and affirm the
Guaranty on the date hereof. 
 Accordingly, the Buyer, the Seller and the Guarantor hereby agree, in consideration of the mutual promises
and mutual obligations set forth herein, that the Existing Repurchase Agreement is hereby amended as follows: 
 SECTION 1.
Definitions. Section 2 of the Existing Repurchase Agreement is hereby amended by deleting the definition of “Termination Date” in its entirety and replacing it with the following: 

SECTION 2. “Termination Date” means the earlier of (a) December 15, 2015, and (b) the date of the occurrence of
an Event of Default. 
 SECTION 3. Conditions Precedent. This Amendment shall become effective as of the date hereof (the
“Amendment Effective Date”), subject to the satisfaction of the following conditions precedent: 
 3.1 Delivered
Documents. On the Amendment Effective Date, the Buyer shall have received the following documents, each of which shall be satisfactory to the Buyer in form and substance: 

  
 -1- 

 (a) this Amendment, executed and delivered by duly authorized officers of the
Buyer, the Seller and the Guarantor; and 
 (b) such other documents as the Buyer or counsel to the Buyer may reasonably
request. 
 SECTION 4. Representations and Warranties. Seller hereby represents and warrants to the Buyer that it is in compliance
with all the terms and provisions set forth in the Repurchase Agreement on its part to be observed or performed, and that no Event of Default has occurred and is continuing, and hereby confirms and reaffirms the representations and warranties
contained in Section 13 of the Repurchase Agreement. 
 SECTION 5. Limited Effect. Except as expressly amended and modified by
this Amendment, the Existing Repurchase Agreement shall continue to be, and shall remain, in full force and effect in accordance with its terms. 

SECTION 6. Counterparts. This Amendment may be executed by each of the parties hereto on any number of separate counterparts (including
by facsimile or .pdf), each of which shall be an original and all of which taken together shall constitute one and the same instrument. 

SECTION 7. Severability. Any provision of this Amendment which is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable
such provision in any other jurisdiction. 
 SECTION 8. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED
IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REFERENCE TO THE CHOICE OF LAW PROVISIONS THEREOF. 
 SECTION 9.
Reaffirmation of Guaranty. The Guarantor hereby ratifies and affirms all of the terms, covenants, conditions and obligations of the Guaranty and acknowledge and agree that the term “Obligations” as used in the Guaranty shall
apply to all of the Obligations of Seller to Buyer under the Pricing Side Letter and the Repurchase Agreement, as amended hereby. 

[Remainder of page intentionally left blank] 

  
 -2- 

 IN WITNESS WHEREOF, the parties have caused their names to be signed hereto by their respective
officers thereunto duly authorized as of the day and year first above written. 
  

			
	 CREDIT SUISSE FIRST BOSTON

MORTGAGE CAPITAL LLC, as Buyer

		
	By:	 	/s/ Margaret Dellafera
		 	Name:  Margaret Dellafera
		 	Title:    Vice President

  

			
	 PENNYMAC OPERATING

    PARTNERSHIP, L.P., as Seller

		
	By:	 	/s/ Pamela Marsh
		 	Name:  Pamela Marsh
		 	Title:    Executive Vice President, Treasurer

  

			
	PENNYMAC MORTGAGE INVESTMENT     TRUST, as Guarantor
		
	By:	 	/s/ Pamela Marsh
		 	Name:  Pamela Marsh
		 	Title:    Executive Vice President, Treasurer

  
 Signature Page to
Amendment No. 6 to Master Repurchase Agreement

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