2022 was a challenging year for the mortgage space. Mortgage originators saw volumes collapse, and big participants folded or got out of the business altogether. As a result, mortgage real estate ...
The servicing segment drove most of Pennymac Financial Services’s earnings in the third quarter of 2023, just like its peers, Mr. Cooper and Rithm Capital. Profits at the California-based lender ...
PennyMac Financial Services Inc. reported Thursday that it earned $104.5 million in net income during the fourth quarter of 2024 on revenue of $470.1 million. It’s an about-face for PennyMac after it ...
Third-quarter mortgage earnings revealed swings in profitability, but the real story, according to the Chairman of Whalen ...
A number of stocks jumped in the afternoon session after comments from a key Federal Reserve official boosted hopes for an ...
WESTLAKE VILLAGE, Calif., October 21, 2025--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $181.5 million for the third quarter of 2025, or $3.37 per share on a diluted ...
LOS ANGELES (AP) — PennyMac Financial Services Inc. says it’s going public and to hopes to raise $287.5 million in the process. The company, which operates a mortgage lending, servicing and investment ...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “PennyMac”), leading companies in the ...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $76.3 million for the first quarter of 2025, or $1.42 per share on a diluted ...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (PFSI) today reported net income of $136.5 million for the second quarter of 2025, or $2.54 per share on a diluted basis, ...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)-- PennyMac Financial Services, Inc. (PFSI) today reported net income of $181.5 million for the third quarter of 2025, or $3.37 per share on a diluted basis, ...