PennyMac Financial Services, Inc. (PFSI)

USD 99.6

(-3.94%)

Market Cap (In USD)

5.1 Billion

Revenue (In USD)

2.03 Billion

Net Income (In USD)

144.65 Million

Avg. Volume

307.73 Thousand

Currency
USD
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
81.93-119.13
PE
-
EPS
-
Beta Value
1.791
ISIN
US70932M1071
CUSIP
70932M107
CIK
1745916
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Financial - Mortgages
CEO
Mr. David A. Spector
Employee Count
-
Website
https://ir.pennymacfinancial.com
Ipo Date
2013-05-09
Details
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: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of 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 funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.

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