Germany · Delayed Price · Currency is EUR PennyMac Financial Services Company Description
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States.
The company operates through two segments, Production and Servicing. The Production segment is involved in the origination, acquisition, and sale of loans.
This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending.
The Servicing segment performs loan servicing for newly originated loans that are under holding for sale and loans services for others.
The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; offers counseling for delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities comprising modification and forbearance programs.
The company was founded in 2008 and is headquartered in Westlake Village, California.
| Country | United States |
| Founded | 2008 |
| Industry | Mortgage Bankers and Loan Correspondents |
| Employees | 4,455 |
| CEO | David Spector |
Contact Details
Address: 3043 Townsgate Road Westlake Village, Delaware 91361 United States | |
| Phone | 818 224 7442 |
| Website | pennymac.com |
Stock Details
| Ticker Symbol | 1AC |
| Exchange | Frankfurt Stock Exchange |
| Stock Type | Common Stock |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 6162 |
Key Executives
| Name | Position |
|---|---|
| David Spector | Chief Executive Officer |
| Daniel Perotti | Chief Financial Officer |
| Kevin Chamberlain | Head of Investor Relations |