PennyMac Financial Services, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- David A. Spector
- Full Time Employees
- 4,900
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- 3043 Townsgate Road Westlake Village CA United States 91361
- IPO Date
- May 9, 2013
- CIK
- 0001745916
- Website
- pennymac.com
- Similar Companies
- Business
- PennyMac Financial Services, Inc. PennyMac Financial Services, Inc. is a specialty financial services firm focused on the production, servicing, and investment management related to U.S. residential mortgage loans. Founded in 2008 and headquartered in Westlake Village, California, the company operates primarily through two segments—loan production and loan servicing—ranking as the second-largest originator and one of the largest servicers in the U.S. as of September 30, 2025. Its principal subsidiaries include PennyMac Loan Services, LLC, a non-bank producer and servicer approved by Fannie Mae, Freddie Mac, Ginnie Mae, FHA, VA, and USDA; and PNMAC Capital Management, LLC, which manages PennyMac Mortgage Investment Trust PennyMac Mortgage Investment Trust (NYSE: PMT), a publicly traded mortgage REIT. The loan production segment sources conventional conforming, jumbo, and government-insured or guaranteed mortgage loans through three channels: correspondent lending, where it acquires newly originated loans from small banks and independent originators; consumer direct lending, offering retail origination of prime credit quality first-lien residential loans nationally; and broker direct lending, underwriting and funding loans from nonaffiliated brokers for sale to PMT or investors. The loan servicing segment handles administration, collection, default management, customer inquiries, escrow for taxes and insurance, delinquent borrower counseling, foreclosures, property dispositions, and loss mitigation including modifications and forbearances, with a portfolio of $716.6 billion in unpaid principal balance as of September 30, 2025. Investment management generates fees from overseeing PMT's mortgage-related assets, providing a capital-light partnership that reduces balance sheet needs. Recent developments include the sale of a $12 billion unpaid principal balance mortgage servicing rights portfolio to Annaly Capital Management, Inc. Annaly Capital Management, Inc., retaining subservicing and recapture rights to bolster its capital-light subservicing business; a renewed mortgage banking services agreement with PMT effective July 1, 2025, under which PFSI initially acquires correspondent production volumes with PMT retaining purchase rights up to 100% of non-government loans; and designation as the Official Mortgage Supporter of the 2026 and 2028 U.S. Olympic and Paralympic Teams. These moves support portfolio growth amid production volumes offsetting prepayments, with correspondent acquisitions of $3.3 billion in conventional conforming and jumbo loans fulfilled to PMT in Q3 2025. The company maintains operations nationwide, serving consumers, brokers, correspondents, and investors in the U.S. mortgage market.
Company News
PennyMac Financial Services Q3 Earnings Call Highlights
PennyMac Financial Services, Inc. (PFSI) Q3 2026 Earnings Call Transcript
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PennyMac Financial Services, Inc. Reschedules Third Quarter 2026 Earnings Call to 5:30 PM ET on Thursday, October 29
PennyMac Mortgage Investment Trust Reschedules Third Quarter 2026 Earnings Call to 6:30 PM ET on Thursday, October 29
PennyMac Financial Services, Inc. Reschedules Third Quarter 2026 Earnings Call to 5:30 PM ET on Thursday, October 29
Earnings Preview: PennyMac Financial (PFSI) Q3 Earnings Expected to Decline
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Rosen Law Firm Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
PennyMac Financial Services, Inc. (NYSE:PFSI) Receives Consensus Recommendation of “Hold” from Brokerages
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
PFSI Investor News: If You Have Suffered Losses in PennyMac Financial Services, Inc. (NYSE: PFSI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
PennyMac Financial Services, Inc. Live with VantageScore 4.0 Across All Three Production Channels
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
ROSEN, A LEADING LAW FIRM, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
PFSI Investor News: If You Have Suffered Losses in PennyMac Financial Services, Inc. (NYSE: PFSI), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Rosen Law Firm Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI