PennyMac Financial Services, Inc., a company that specializes in mortgage banking and investment management activities in the United States, operates through three distinct segments: Production, Servicing, and Investment Management. Under the Production segment, PennyMac sources and sells first-lien residential conventional and government-insured or guaranteed mortgage loans. Meanwhile, the Servicing segment not only handles servicing for newly originated loans but also oversees early buyout deals, loan administration, collection, default management activities, loss mitigation activities, and the holding of custodial funds for property taxes and insurance premiums, among others. Lastly, the Investment Management sector focuses on asset acquisitions, correspondent production activities for PennyMac Mortgage Investment Trust, and acquired asset management. Founded in 2008, the California-based company efficiently manages its operations from its Westlake Village headquarters.
PennyMac Financial Services's ticker is PFSI
The company's shares trade on the NYSE stock exchange
They are based in Westlake Village, California
There are 5001-10,000 employees working at PennyMac Financial Services
It is pennymac.com
PennyMac Financial Services is in the Financial sector
PennyMac Financial Services is in the Mortgage Investment industry
The following five companies are PennyMac Financial Services's industry peers: