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Pennymac Financial Services Inc
17 own
8 watching
Current Price
$63.76
$1.97
(3.19%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
Market Capitalization
3,194.19M
52-Week High
73.79
52-Week Low
38.53
Average Volume
0.21M
Dividend Yield
0.011202
P/E Ratio
2.5592
Market Capitalization3,194.19M52-Week High73.7952-Week Low38.53Average Volume0.21MDividend Yield0.011202P/E Ratio2.5592What does the Pennymac Financial Services Inc do?
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Loan Production, Loan Servicing, and Investment Management. The Loan Production segment is involved in the origination, acquisition, and sale of mortgage loans. This segment originates first-lien residential conventional and government-insured or guaranteed mortgage loans to allow customers to purchase or refinance their homes. The Loan Servicing segment engages in the servicing of newly originated mortgage loans, and execution and management of early buyout loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; response to customer inquiries; accounting for principal and interest; holding custodial (impounded) funds for the payment of property taxes and insurance premiums; counseling delinquent mortgagors; and supervising foreclosures and property dispositions. The company also services conventional and government-insured or guaranteed loans; and distressed mortgage loans that have been acquired as investments by its advised entities. The Investment Management segment is involved in sourcing, performing diligence, bidding, and completing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing the acquired assets for the advised entities. PennyMac Financial Services, Inc. was founded in 2008 and is based in Westlake Village, California.
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News & Events about Pennymac Financial Services Inc.
Business Wire
2 months ago
Pennymac, a top national mortgage lender with over 4 million lifetime customers, announced today its sponsorship of the second annual Stanford L. Kurland Memorial Golf Classic in partnership with the Sheila and Stanford L. Kurland Family Foundation. This two-day event is aimed at raising funds for...
Business Wire
3 months ago
PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Doug Jones, President and Chief Mortgage Banking Officer, joined its Board of Directors effective March 1, 2023. In his role as President of PennyMac Financial, Mr. Jones is responsible for all business activities relating to the...
Zolmax
5 months ago
PennyMac Financial Services, Inc. (NYSE:PFSI Get Rating) Director Joseph F. Mazzella sold 30,000 shares of the stock in a transaction that occurred on Monday, December 12th. The shares were sold at an average price of $57.56, for a total transaction of $1,726,800.00. Following the sale, the director...
Ticker Report
5 months ago
PennyMac Financial Services, Inc. (NYSE:PFSI Get Rating) Director Joseph F. Mazzella sold 40,000 shares of PennyMac Financial Services stock in a transaction on Wednesday, December 14th. The shares were sold at an average price of $58.67, for a total transaction of $2,346,800.00. Following ...
Business Wire
8 months ago
PennyMac Financial Services, Inc. (NYSE: PFSI) (Pennymac) announced today the launch of POWER+ by Pennymac TPO, its next generation broker technology platform. Brokers will now have more speed and control over the mortgage process to deliver an exceptional experience to their customers and referral...
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Current Price
$63.76
$1.97
(3.19%)
1 Week Returns
3 Months Returns
1 Year Returns
Get Started with as little as $1.00
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