PennyMac (PFSI) delivered earnings and revenue surprises of -52.50% and 13.01%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $50.2 million, or $0.50 per common share on a diluted basis for the first quarter of 2023,...
PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $30.4 million for the first quarter of 2023, or $0.57 per share on a diluted basis, on revenue of $302.9 million. Book value...
UWM Holding, PennyMac Financial Services and Federal Agricultural Mortgage have been highlighted in this Industry Outlook article.
Despite a challenging mortgage environment, Mortgage & Related Services players like UWMC, PFSI and AGM are focusing on servicing portfolio growth, diversifying business models and technological enhancements....