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home / news releases / PFSI - PennyMac Financial: Mortgage Revenues Proving To Be Quite Resilient

PFSI - PennyMac Financial: Mortgage Revenues Proving To Be Quite Resilient

PennyMac Financial Services Inc.
  • Strength in the mortgage market and team expansion will likely lead to a softer landing of mortgage banking income than previously expected.
  • The margin will likely decline because the company plans to shift towards a higher costing channel.
  • The December 2022 target price is quite close to the current market price. Further, PFSI is offering a low and unattractive dividend yield.

For further details see:

PennyMac Financial: Mortgage Revenues Proving To Be Quite Resilient
Stock Information
Company Name: PennyMac Financial Services Inc.
Stock Symbol: PFSI
Market: NYSE
Website: ir.pennymacfinancial.com
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