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 three segments: Production, Servicing, and Investment Management. 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 both 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; counsels 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.
The company was founded in 2008 and is headquartered in Westlake Village, California.
| Country | United States |
| Founded | 2008 |
| IPO Date | May 9, 2013 |
| Industry | Mortgage Finance |
| Sector | Financials |
| Employees | 3,914 |
| CEO | David Spector |
Contact Details
Address: 3043 Townsgate Road, Suite 200 Westlake Village, California 91361 United States | |
| Phone | 818 224 7442 |
| Website | pennymac.com |
Stock Details
| Ticker Symbol | PFSI |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001745916 |
| CUSIP Number | 70932M107 |
| ISIN Number | US70932M1071 |
| Employer ID | 83-1098934 |
| SIC Code | 6162 |
Key Executives
| Name | Position |
|---|---|
| David A. Spector | Chief Executive Officer and Chairman |
| Douglas Edward Jones | President, Chief Mortgage Banking Officer and Director |
| Daniel Stanley Perotti | Senior MD and Chief Financial Officer |
| James Follette | Senior MD and Chief Digital Officer |
| Gregory L. Hendry | Chief Accounting Officer |
| Mike Hogan | Senior Managing Director and Chief Information Officer |
| Kevin Chamberlain | Executive Vice President of Investor Relations |
| Derek W. Stark J.D. | Senior MD, Chief Legal Officer and Secretary |
| Susan Hallock Smith | Senior MD and Chief Marketing Officer |
| Jenny Rhodes | Senior MD and Chief Human Resources Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 20, 2024 | 144 | Filing |
| Dec 20, 2024 | 144 | Filing |
| Dec 20, 2024 | 144 | Filing |
| Dec 19, 2024 | 8-K | Current Report |
| Nov 20, 2024 | 144 | Filing |
| Nov 15, 2024 | 144 | Filing |
| Nov 14, 2024 | SC 13G/A | [Amend] Statement of acquisition of beneficial ownership by individuals |
| Nov 1, 2024 | 8-K | Current Report |
| Oct 29, 2024 | 10-Q | Quarterly Report |
| Oct 22, 2024 | 8-K | Current Report |