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PennyMac Financial Services Inc (PFSI.N)

PFSI.N on New York Stock Exchange

21.73USD
11 Dec 2018
Change (% chg)

$0.22 (+1.02%)
Prev Close
$21.51
Open
$21.83
Day's High
$21.90
Day's Low
$21.57
Volume
117,976
Avg. Vol
44,853
52-wk High
$25.20
52-wk Low
$18.91

Latest Key Developments (Source: Significant Developments)

Pennymac Financial Q3 Earnings Per Share $0.57
Thursday, 1 Nov 2018 04:30pm EDT 

Nov 1 (Reuters) - PennyMac Financial Services Inc ::PENNYMAC FINANCIAL SERVICES, INC. REPORTS THIRD QUARTER 2018 RESULTS AND COMPLETES CORPORATE REORGANIZATION.Q3 REVENUE $250.9 MILLION VERSUS I/B/E/S VIEW $234.8 MILLION.Q3 EARNINGS PER SHARE $0.57.Q3 EARNINGS PER SHARE VIEW $0.58 -- THOMSON REUTERS I/B/E/S.COMPLETED A CORPORATE REORGANIZATION.  Full Article

Pennymac Financial Says Entered Amended And Restated Master Repurchase Agreement
Wednesday, 31 Oct 2018 06:01pm EDT 

Oct 31 (Reuters) - PennyMac Financial Services Inc ::PENNYMAC FINANCIAL SERVICES INC - ON OCT 29, CO THROUGH UNITS ENTERED AMENDED AND RESTATED MASTER REPURCHASE AGREEMENT - SEC FILING.PENNYMAC FINANCIAL SERVICES INC - SCHEDULED TERMINATION DATE OF SYNDICATED REPURCHASE AGREEMENT IS OCTOBER 28, 2019.PENNYMAC FINANCIAL SERVICES - REPURCHASE AGREEMENT AMENDS AND RESTATES TERMS OF SOME MASTER REPURCHASE AGREEMENT, DATED AS OF MARCH 17, 2011.  Full Article

PennyMac Financial Services Reports Q4 Earnings Per Share $2.44
Thursday, 8 Feb 2018 04:36pm EST 

Feb 8 (Reuters) - PennyMac Financial Services Inc ::PENNYMAC FINANCIAL SERVICES, INC. REPORTS FOURTH QUARTER AND FULL-YEAR 2017 RESULTS.Q4 REVENUE $298.6 MILLION.Q4 EARNINGS PER SHARE $2.44.IN QUARTER, PRETAX INCOME WAS $121.8 MILLION; INCLUDES $32.0 MILLION BENEFIT RELATED TO REMEASUREMENT OF TAX ACT.  Full Article

Pennymac Financial Services Says Co Through Two Of Its Controlled Subsidiaries Entered Into A Loan And Security Agreement
Wednesday, 7 Feb 2018 05:19pm EST 

Feb 7 (Reuters) - Pennymac Financial Services Inc ::PENNYMAC FINANCIAL SERVICES - ON FEB 1, CO THROUGH TWO OF ITS CONTROLLED SUBSIDIARIES ENTERED INTO A LOAN AND SECURITY AGREEMENT - SEC FILING.PENNYMAC FINANCIAL SERVICES - PURSUANT TO TERMS OF THE LOAN AGREEMENT, CO MAY BORROW UP TO A COMMITTED AMOUNT OF $407 MILLION.PENNYMAC FINANCIAL SERVICES INC - THE LOAN AGREEMENT IS COMMITTED TO FEBRUARY 1, 2020.  Full Article

Morgan Stanley Reports A 5.3 Pct Passive Stake In Pennymac Financial Services As Of Nov 20
Thursday, 30 Nov 2017 04:48pm EST 

Nov 30 (Reuters) - Pennymac Financial Services Inc ::MORGAN STANLEY REPORTS A 5.3 PERCENT PASSIVE STAKE IN PENNYMAC FINANCIAL SERVICES INC AS OF NOVEMBER 20, 2017 - SEC FILING.  Full Article

Pennymac financial says co through two of its controlled subsidiaries entered into a master repurchase agreement​
Wednesday, 22 Nov 2017 05:31pm EST 

Nov 22 (Reuters) - Pennymac Financial Services Inc :Pennymac Financial Services Inc - ‍On November 17, co through two of its controlled subsidiaries entered into a master repurchase agreement​.Pennymac Financial Services says ‍repurchase agreement in an aggregate principal amount of up to $200 million, of which $100 million is committed - SEC Filing​.Pennymac Financial Services Inc - ‍Repurchase agreement will be used to fund newly originated mortgage loans​.Pennymac Financial Services - ‍Scheduled maturity date of repurchase agreement is Nov 16, 2018, and obligations of please are fully guaranteed by PNMAC​.Pennymac Financial Services Inc - ‍Mortgage loans are serviced by please​.  Full Article

PennyMac Financial Services reports third quarter results
Thursday, 2 Nov 2017 04:30pm EDT 

Nov 2 (Reuters) - PennyMac Financial Services Inc :PennyMac Financial Services, Inc. reports third quarter 2017 results.Q3 revenue $250.6 million versus I/B/E/S view $246.9 million.Q3 earnings per share $0.71.Q3 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.PennyMac Financial Services Inc quarter-end ‍book value per share increased to $17.20, up from $16.40 at June 30, 2017​.PennyMac Financial Services - ‍at quarter-end, net assets under management were $1.6 billion, essentially unchanged from June 30, 2017 and September 30, 2016​.  Full Article

Pennymac Financial Services enters master repurchase agreement
Thursday, 24 Aug 2017 05:03pm EDT 

Aug 24 (Reuters) - Pennymac Financial Services Inc ::Pennymac Financial Services -on Aug 21, co through indirect subsidiary, Pennymac Loan Services, Llc, entered master repurchase agreement - SEC filing​.Pennymac Financial Services-pursuant to deal, please may sell to Deutsche Bank, later repurchase, newly originated mortgage loans in aggregate amount up to $750 million​.Pennymac Financial Services Inc - ‍repurchase agreement is set to expire on August 21, 2019, unless terminated earlier in accordance with its terms​.  Full Article

Pennymac Financial Services announces pricing of second term note issuance secured by Ginnie Mae MSRs and ESS
Tuesday, 8 Aug 2017 04:05pm EDT 

Aug 8 (Reuters) - Pennymac Financial Services Inc :Pennymac Financial Services, Inc announces pricing of second term note issuance secured by Ginnie Mae MSRs and ESS.Pennymac Financial Services -pricing of second private offering of secured term notes in an aggregate principal amount of $500 million to be issued by its unit.  Full Article

Pennymac Financial Services reports Q2 earnings per share $0.44
Thursday, 3 Aug 2017 04:30pm EDT 

Aug 3 (Reuters) - Pennymac Financial Services Inc -:Pennymac Financial Services, Inc. Reports second quarter 2017 results.Q2 revenue $201.7 million.Q2 earnings per share $0.44.Q2 earnings per share view $0.67 -- Thomson Reuters I/B/E/S.Pennymac Financial Services Inc - qtrly net assets under management were $1.6 billion, essentially same as $1.6 billion at march 31, 2017 and June 30, 2016.Q2 earnings per share view $0.67, revenue view $226.7 million -- Thomson Reuters I/B/E/S.  Full Article

Judge allows PennyMac to subpoena Google in trademark lawsuit

A federal judge in Los Angeles has agreed to let mortgage lender PennyMac serve a subpoena on Google Inc to learn the identity of a person who has been impersonating PennyMac to solicit loan applications and collect fees for loans that never materialize.