Company

PennyMac Financial Services, Inc.

Headquarters: Westlake Village, CA, United States

Employees: 7,208

CEO: Mr. David A. Spector

NYSE: PFSI +1.32%

Market Cap

$4.25 Billion

USD as of Jan. 1, 2024

Market Cap History

PennyMac Financial Services, Inc. market capitalization over time

Evolution of PennyMac Financial Services, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of PennyMac Financial Services, Inc.

Detailed Description

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.

Top 1-year algo backtest: +313.24%

$10,000 in May 2023 would now be $41,324 by following this algorithm daily at market close.

Boost your stocks returns with Disfold AI... Now!

Try Disfold AI for FREE

Stocks & Indices

PennyMac Financial Services, Inc. has the following listings and related stock indices.


Stock: NYSE: PFSI wb_incandescent

Stock: FSX: 1AC wb_incandescent

Details

Headquarters:

3043 Townsgate Road

Westlake Village, CA 91361

United States

Phone: 818-224-7442