Residential real estate investment trust (REIT) Annaly Capital Management has agreed to purchase a portfolio of mortgage servicing rights (MSRs) from Pennymac Financial Services. Under the agreement, ...
Despite a hefty hedging loss, annual gains look to outweigh quarterly losses While the company’s quarterly results underscore the challenges of the mortgage market since the Federal Reserve began ...
The influential nonbank mortgage company is calling for a "do no harm" approach to housing and finds comfort in officials' stated guardrails to that end.
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) (collectively “Pennymac” or “the companies”) today ...
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT) announced today that William Chang is stepping down from ...
Pennymac Financial Services is the latest mortgage company to issue debt in a challenging housing market. The California-based company announced on Wednesday it intends to offer a $650 million ...
Mortgage REIT PennyMac Mortgage Investment Trust (NYSE:PMT) announced in Q3 CY2025, with sales up 22.7% year on year to $99.23 million. Its GAAP profit of $0.55 per share was 48.7% above analysts’ ...
Pennymac has announced new executive appointments to align with growth opportunities. Marshall Sebring, Shiva Iyer, and Kevin Ryan take on key roles to enhance strategy, risk management, and business ...
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