Earnings
PennyMac CEO Expects Return On Equity To Climb From 5% To 'Low Double Digits' By Late 2027
David Spector laid out where each point of the climb comes from, while the CFO-to-be said the company is "not bullish on the market."
PFSI
PennyMac Financial Services (PFSI) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Earnings
PennyMac Agrees To Sell $29 Billion Of Mortgage Servicing To Pay Down Debt
The sale should bring in about $490 million, while the CFO calls $3.5 billion of liquidity the lower end of the company's range.
SEC Filings
PennyMac's Loan Production Unit Loses $7 Million As Rising Mortgage Rates Cut Lending 30%
The mortgage lender plans $160 million in expense cuts, and its president will retire June 30, 2027.