Welcome to our dedicated page for Pennymac Finl Svcs news (Ticker: PFSI), a resource for investors and traders seeking the latest updates and insights on Pennymac Finl Svcs stock.
Pennymac Financial Services Inc (PFSI) is a leading U.S. residential mortgage lender specializing in loan origination and servicing. This news hub provides investors and industry professionals with timely updates on company developments, regulatory compliance, and market trends shaping the mortgage sector.
Access essential PFSI announcements including quarterly earnings, strategic partnerships, and operational milestones. Our curated collection features press releases on new loan products, servicing innovations, and leadership updates directly from the company.
Key content categories include:
- Financial performance reports and SEC filings
- Mortgage rate environment analysis
- Regulatory compliance updates
- Technology initiatives in loan processing
- Housing market trend responses
Bookmark this page for streamlined tracking of PFSI's position in the evolving mortgage landscape. Check regularly for verified updates that matter to stakeholders in residential finance.
PennyMac Mortgage Investment Trust (PMT) reported a net loss of $0.8 million, or $(0.01) per share in Q1 2025, with net investment income of $44.5 million. The company declared a quarterly dividend of $0.40 per share.
Key highlights include:
- Book value per share decreased to $15.43 from $15.87
- Correspondent loan production totaled $2.8 billion UPB, down 20% from previous quarter
- Created $47 million in new mortgage servicing rights
- Completed three Agency-eligible loan securitizations totaling $1.0 billion UPB
- Issued $173 million of senior unsecured notes due 2030
- Generated $66 million in non-Agency subordinate bonds and $29 million in senior bonds investments
The company's performance was impacted by interest rate volatility and credit spread widening, though it maintained strong core income levels excluding market-driven value changes.
PennyMac Financial Services (PFSI) reported Q1 2025 net income of $76.3 million, or $1.42 per share, on revenue of $430.9 million. Book value per share increased to $75.57 from $74.54 in December 2024.
Key highlights include:
- Pretax income of $104.2 million
- Production segment pretax income of $61.9 million
- Total loan acquisitions and originations of $28.9 billion UPB
- Servicing segment pretax income of $76.0 million
- Servicing portfolio grew to $680.2 billion UPB, up 2% from Q4 2024
The company declared a Q1 cash dividend of $0.30 per share, payable May 23, 2025. PFSI issued $850 million of 8-year unsecured senior notes due February 2033.
PennyMac Mortgage Investment Trust (NYSE: PMT) has scheduled its first quarter 2025 earnings release for Tuesday, April 22, 2025, after market close. The company will hold a conference call and live audio webcast at 6:00 p.m. Eastern Time to discuss the quarterly results. Investors can access the webcast and accompanying materials through pmt.pennymac.com, with a replay available afterward. Those unable to access the website can contact Investor Relations at 818.224.7028 for materials.
PennyMac Financial Services (NYSE: PFSI) has scheduled the release of its first quarter 2025 financial results for Tuesday, April 22, 2025, after market close. The company will host a conference call and live audio webcast at 5:00 p.m. Eastern Time to discuss the quarterly performance.
The earnings release, webcast, and related materials will be accessible on the company's website at pfsi.pennymac.com. A replay of the webcast will be made available following the event. Investors unable to access the website can obtain materials by contacting Investor Relations at 818.264.4907.
PennyMac Financial Services (NYSE: PFSI) has appointed Isaac Boltansky as Managing Director, Head of Public Policy. In his new role, Boltansky will develop and execute comprehensive public policy strategies, strengthen relationships with government and industry stakeholders, and provide thought leadership on housing finance policy issues.
Boltansky joins from BTIG, where he served as Director of Policy Research, leading the firm's policy analysis with focus on housing policy, financial services, and tax legislation. His responsibilities at Pennymac will include engaging with federal and state policymakers, regulatory agencies, and industry associations, as well as monitoring legislative and regulatory developments.
David Spector, Chairman and CEO at Pennymac, emphasized the importance of having leaders who understand the ecosystem during industry transformation periods, highlighting Boltansky's established industry ties, policy expertise, and strategic insights as valuable assets for the company's leadership in the mortgage sector.
PennyMac Mortgage Investment Trust (NYSE: PMT) has announced its quarterly dividend declaration for Q1 2025. The company's Board of Trustees has approved a cash dividend of $0.40 per common share. The dividend will be distributed on April 25, 2025, to shareholders who are on record as of April 11, 2025.
PennyMac Financial Services (NYSE: PFSI) has launched 'Bring It Home,' a new educational video series aimed at helping consumers navigate the homeownership journey. The series features experienced mortgage professionals sharing industry insights in an accessible format.
The initial release includes 20 short videos covering topics from home buying to refinancing, budgeting, and equity management. The first four episodes, now available, focus on mortgage basics, refinancing, affordability, and VA loans. The content will be hosted on Pennymac's website and YouTube channel.
According to Doug Jones, President and Chief Mortgage Banking Officer, the series aims to create relatable content helping buyers understand the mortgage process. Scott Bridges, Chief Consumer Direct Production Officer, emphasizes the series' role in empowering homeowners to make informed decisions about their homeownership journey.
PennyMac Financial Services (NYSE: PFSI) has launched NonDel+, a full-service Non-Delegated solution within their POWER+ portal. This new platform is designed for banker partners who want control over their loans while receiving support with disclosures, loan documents, and additional services.
The NonDel+ platform offers several key features including: generation of compliant disclosures and documents, advanced pricing tools, dual AUS integration, real-time compliance checks, loan level fees control, access to OptiMIze for MI pricing, and a streamlined closing process with settlement agent collaboration.
As the third largest wholesale lender and leading loan acquirer in the correspondent channel, PennyMac aims to strengthen its position in the wholesale channel through this tech-forward solution that provides partners with comprehensive tools and resources.
PennyMac Mortgage Investment Trust (NYSE: PMT) has announced the pricing of a $150 million public offering of 9.00% Senior Notes due 2030. The notes will be guaranteed by PennyMac Corp. (PMC) and issued in denominations of $25.00. The company has granted underwriters a 30-day over-allotment option for an additional $22.5 million.
The proceeds will fund various business activities, including investments in subordinated bonds from private-label securitization, mortgage-related securities, mortgage servicing rights acquisition, correspondent lending business, and potential repayment of PMC's 5.50% exchangeable senior notes due 2026.
The offering is expected to close on February 11, 2025. PMT plans to list the Notes on the NYSE under the symbol 'PMTV', with trading expected to commence within 30 days of closing.
PennyMac Financial Services (NYSE: PFSI) has announced the pricing of its upsized private offering of $850 million Senior Notes due 2033, increased from the previously announced $650 million. The Notes will carry a 6.875% interest rate, payable semi-annually starting August 15, 2025, and will mature on February 15, 2033.
The Notes will be guaranteed by PFSI's existing and future wholly owned domestic subsidiaries. The proceeds will be used to repay certain indebtedness, including secured MSR facilities and potential repurchase of 5.375% senior notes due October 2025. The offering, expected to close on February 6, 2025, is exclusively available to qualified institutional buyers under Rule 144A and certain non-U.S. persons under Regulation S of the Securities Act.
