PFSI News and Press, PennyMac Financial Services Inc. From 07/02/21

Chainarong Prasertthai/iStock via Getty ImagesThe number of mortgages in active forbearance declines 6K this week as 218K plans were up for review by June 30, leaving room for improvement for next week, according to the Black Knight McDash Flash Forbearance Tracker.As of June 29, some 2.05M, ...

PennyMac Financial Services hosts its first investor day event in years. Management laid out a clear and achievable path toward generating 20+% ROEs. Channel growth remains the key top-line driver, alongside a ramp-up in tech and marketing spend. With the valuation multiple un...

Insider buying increased last week. Dustin A. Moskovitz increases his stake in Asana. Farhad Nanji continues to buy PennyMac for MFN Partners. For further details see: Insider Weekends: Dustin Moskovitz Continues His Asana Buying Spree

Andrii Yalanskyi/iStock via Getty Images The number of mortgages in active forbearance plans nudges up 1K this week, continuing the trend of small mid-month increases, according to the Black Knight McDash Flash Forbearance Tracker. Still, the total number is down 6% from a month ago. As of Ju...

Insider buying increased significantly last week. Farhad Nanji continues to buy PennyMac for MFN Partners. Edward “Joe” Shoen and Mark Shoen purchase shares of U-Haul’s parent company AMERCO. For further details see: Insider Weekends: The Shoen Broth...

Chainarong Prasertthai/iStock via Getty Images Active mortgage forbearance plans fell by a mere 7K since last Tuesday, according to Black Knight's McDash Flash Forbearance Tracker. As of June 15, some 2.06M, or 3.9%, of homeowners remain in forbearance plans including 2.3% of GSE, 6.9% of FHA...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Satu...

Active forbearance plans decline by 61K, or -2.9%, since last Tuesday, according to Black Knight's McDash Flash Forbearance Tracker.As of June 8, some 2.06M, or 3.9%, of homeowners remain in forbearance plans including 2.3% of GSE, 6.9% of FHA/VA and 4.4% Portfolio/PLS loans, of which al...

PennyMac Mortgage Investment Trust (NYSE: PMT) today announced an update regarding its combined virtual Investor Day with PennyMac Financial Services, Inc. (NYSE: PFSI) on Thursday, June 17, 2021. Registration for the event is now open and available on the Company’s investor rela...

PennyMac Financial Services, Inc. (NYSE: PFSI) today announced an update regarding its combined virtual Investor Day with PennyMac Mortgage Investment Trust (NYSE: PMT) on Thursday, June 17, 2021. Registration for the event is now open and available on the Company’s investor rela...