PFSI News and Press, PennyMac Financial Services Inc. From 09/24/20

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced the pricing of its offering of $500 million aggregate principal amount of 5.375% Senior Notes due 2025 (the “Notes”). The size of the offering was increased from the previously ann...

PennyMac Financial Services (PFSI) to offer $400M of senior unsecured notes due 2025.Proceeds will be sued for general corporate purposes.Press release For further details see: PennyMac Financial Services launches $400M debt offering

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it intends to offer $400 million aggregate principal amount of Senior Notes due 2025 (the “Notes”). The Notes will be fully and unconditionally guaranteed on an unsecured seni...

Choosing between Berkshire Hathaway (NYSE: BRK.A)   (NYSE: BRK.B) and Rocket Companies (NYSE: RKT) is a choice between the venerable conglomerate with a portfolio of companies that are tried-and-true stalwarts, and the scrappy, fast-growing upstart that dominates its space. For an i...

Selecting which stocks in invest in is never easy. However, if you use the right screening strategies, you can profit handsomely in stocks such as Facebook (FB) and Medifast (MED).   Today, I look at the most popular screening strategies followed by AAII members. These are stock stra...

PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that its President and Chief Executive Officer, David A. Spector, and Senior Managing Director and Chief Financial Officer, Andrew S. Chang, will present at the Barclays Global Financial Services Conference at 9:45 a.m. Eastern Ti...

Q2 refinance lending jumped more than 60% from Q1 and more than three-fold from the same time last year, accounting for almost 70% of all first lien originations by dollar volume, according to Black Knight's latest Mortgage Monitor Report. More news on: New Residential Investment Corp.,...

Finding value stocks when the market is posting new highs and interest rates are close to zero is not an easy task. Stocks have very little competition from bonds -- who wants to tie up their money for 10 years in a Treasury paying 0.7%? -- which often means stocks will appear expensive across t...

As the COVID-19 pandemic continues to keep the U.S. unemployment rate high, Freddie Mac ( OTCQB:FMCC ) and Fannie Mae ( OTCQB:FNMA -0.2% ) both extend their temporary halt on foreclosures and evictions until the end of the year. More news on: Freddie Mac, Federal National Mortgage ...

While the financial sector is struggling due to the low-rate environment and concerns about defaults, PennyMac Financial Services, Inc. (PFSI), Goosehead Insurance, Inc. (GSHD), Palomar Holdings, Inc. (PLMR) and Mr. Cooper Group Inc. (COOP) are outperforming. It's always worth noting companies ...