PFSI News and Press, PennyMac Financial Services Inc. From 10/16/20

Higher mortgage activity, refinancing and new loans driving increased earnings. Balanced business expected to benefit as housing market remains hot. Continued share repurchases and recent dividend hike benefit shareholders. For further details see: PennyMac Financial Ser...

PennyMac Financial Services, Inc. (NYSE: PFSI) announced today that Lisa M. Shalett, a Wall Street veteran and accomplished leader, has joined its Board of Directors. “We are delighted to bring Lisa’s remarkable range of expertise to our Board of Directors,” sai...

PennyMac Financial Services (PFSI) prices $150M aggregate principal amount of its 5.375% Senior Notes due 2025. The new notes will be issued at an offering price of 103% and will be issued under the indenture governing the company’s $500M aggregate principal amount of 5.375% Senio...

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced the pricing of its offering of $150 million aggregate principal amount of its 5.375% Senior Notes due 2025 (the “New Notes”). The New Notes will be issued at an offering pr...

PennyMac Financial Services (PFSI) to offer an additional amount of its 5.375% senior notes due 2025. Net proceeds will be used for general corporate purposes.Shares up 0.9% premarket.Press release For further details see: PennyMac Financial Services launches private offering ...

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it intends to offer an additional amount of its 5.375% Senior Notes due 2025 (such additional amount, the “New Notes”). The New Notes will be issued under the indenture govern...

The sharp move higher in interest rates to start the week may be a sign that markets are increasingly pricing in a Biden presidency. And that could herald a reversal for the internals of the financial sector.The Financial Select SPDR ETF (XLF) had been the second worst performing of...

PennyMac is thriving on low interest rates and high demand. The past five years have shown consistent financial results. Economic indicators for the residential mortgage market are great. But with interest rates at all-time lows the only movement in the future can be up. ...

PennyMac Financial Services ([[PFSI]] -2.2%) prices its offering of $500M of 5.375% senior notes due 2025, boosted from the previously announced amount of $400M.Plans to use net proceeds for general corporate purposes, which may include the repayment of its existing secured warehouse bor...

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...