PennyMac Financial Services, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.- CEO
- David A. Spector
- Full Time Employees
- 4,457
- Sector
- Financial Services
- Industry
- Financial - Mortgages
- Address
- 3043 Townsgate Road Westlake Village CA United States of America 91361
- IPO Date
- May 9, 2013
- CIK
- 0001745916
- Website
- ir.pennymacfinancial.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.
ROSEN, LEADING TRIAL LAWYERS, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
Rosen Law Firm Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
$PFSI Investigation Notification: PennyMac is being Investigated for Securities Fraud Following Refinancing Issues – Contact BFA Law if You Lost Money
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, A LEADING NATIONAL FIRM, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
Rosen Law Firm Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
Rosen 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
Is the Options Market Predicting a Spike in PennyMac Financial Services Stock?
Housing Bill Approval Ignites Mortgage Stock Rally: RKT, PFSI & LDI in Focus
ROSEN, A GLOBALLY RESPECTED LAW FIRM, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
$PFSI Stock News: PennyMac Stock Dropped 37% after Refinancing Issues Disclosed – Investors Notified to Contact BFA Law about the Securities Fraud Investigation
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
ROSEN, NATIONAL TRIAL COUNSEL, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
Rosen Law Firm Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI
$PFSI Fraud Notice: BFA Law is Investigating PennyMac for Securities Fraud over its Refinancing Issues – Investors with Losses Notified to Contact the Firm
Pennymac Names AWS as Preferred Cloud Provider, Expanding Strategic Agreement to Deploy Enterprise-Grade AI and Commercialize its Servicing Platform
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, NATIONAL TRIAL ATTORNEYS, Encourages PennyMac Financial Services, Inc. Investors to Inquire About Securities Class Action Investigation - PFSI