PFSI News and Press, PennyMac Financial Services Inc. From 01/09/23

Observing its 15-year Anniversary, Pennymac Celebrates its Achievements, While Continuing its Commitment to Driving Positive Impact in Communities Nationwide PennyMac Financial Services, Inc. (NYSE: PFSI), PennyMac Mortgage Investment Trust (NYSE: PMT) and their affiliates (collecti...

Mortgage origination is a feast-and-famine business, and the boom years of 2020 and 2021 turned into a bust in 2022. Much of the volume from these years disappeared as the Federal Reserve began to hike rates, which removed the incentive for homeowners to refinance. In addition, falling affordabil...

Wells Fargo on Tuesday upgraded PennyMac Financial Services ( NYSE: PFSI ) to Overweight from Equal Weight as the backdrop for the mortgage industry is now "more favorable". Analyst Michael Kaye noted that mortgage rates improved -104bps from the peak and expects further imp...

The following slide deck was published by PennyMac Financial Services, Inc. in conjunction with their 2022 Q3 earnings call. For further details see: PennyMac Financial Services, Inc. 2022 Q3 - Results - Earnings Call Presentation

PennyMac Financial Services, Inc. (PFSI) Q3 2022 Results Conference Call October 27, 2022 05:00 PM ET Company Participants Isaac Garden - Vice President, Investor Relations David Spector - Chairman & Chief Executive Officer Doug Jones - President Dan Pero...

Shares of the residential mortgage company PennyMac Financial Services (NYSE: PFSI) had jumped more than 17% as of 1:09 p.m. ET on Friday after the company reported better-than-expected third-quarter results. PennyMac reported diluted earnings per share of $2.46 on total revenue...

PennyMac Financial press release ( NYSE: PFSI ): Q3 GAAP EPS of $2.46 beats by $1.16 . Revenue of $476.29M (-39.5% Y/Y) beats by $60.99M . For further details see: PennyMac Financial GAAP EPS of $2.46 beats by $1.16, revenue of $476.29M beats by $60.99M ...

PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $135.1 million for the third quarter of 2022, or $2.46 per share on a diluted basis, on revenue of $476.3 million. Book value per share increased to $68.26 from $65.38 at June 30, 2022. PFSI’s Board o...

PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2022 in a news release to be issued after the market close on Thursday, October 27, 2022. The release will be available online at www.ir.pennymacfinancial.com . The Company&#...

The U.S. housing market is "making steady progress toward balance," said Re/Max President and CEO Nick Bailey, as September's slump in home sales led a rebound in inventory . With soaring mortgage rates and the median sales price of $400K up 6.7% from a year earlier, home sales ...