PFSI News and Press, PennyMac Financial Services Inc. From 10/28/21

PennyMac Financial Services, Inc. (NYSE: PFSI) will announce results for the quarter ended September 30, 2021 in a news release to be issued after the market close on Thursday, November 4, 2021. The release will be available online at www.ir.pennymacfinancial.com . The Company&#...

Wells Fargo reported earnings Thursday. Despite strong results, the stock is trading down slightly. Here's why traders are showing some caution toward Wells Fargo's upbeat results. In the bigger picture, management is delivering on its vision of an improved Wells Fargo. Gigant...

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 ...

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it has received the requisite consents to implement the Proposed Amendments (as defined below) to the indentures (the “Indentures”) governing its (i) 5.375% Senior Notes due 2...

The number of mortgages in active forbearance fell by 117K in the past week as many plans are marked for review or final expiration in September, according to Black Knight's McDash Flash daily loan-level forbearance data. That's an 11% decline from last Tuesday, making it the largest weekly d...

Piper Sandler analyst Kevin Barker downgrades Annaly Capital Management (NLY -1.8%) and AGNC Investment (AGNC -0.7%) to Neutral from Overweight ahead of expected interest rate volatility. Barker now sees mortgage REITs as fairly valued "given we see increasing rate volatility over the ne...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Rocket Companies (NYSE: RKT ) was briefly one of the hottest meme stocks out there. In early March, powered by countless rocket emojis on Reddit’s wallstreetbets, RKT stock catapulted as much as 85% in a si...

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it has extended the expiration date of its previously announced solicitation of consents (the “Consent Solicitations”) from the holders of its (i) 5.375% Senior Notes due 2025...

Top National Mortgage Lenders Support Local Mortgage Brokers and Correspondent Partners with Increased Conforming Loan Balances PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “PennyMac”), leading ...

PennyMac Financial Services, Inc. (NYSE: PFSI) (the “Company”) today announced that it is soliciting consents (the “Consent Solicitations”) from the holders of its (i) 5.375% Senior Notes due 2025 (the “2025 Notes”) and (ii) 4.250% Senior Notes ...