The third-quarter financials for Pennymac Financial Services illustrate the double-edged sword of declining interest rates for…
Tag: PennyMac
William Chang steps down as Pennymac’s capital markets leader
William Chang is stepping down from his roles as chief capital markets officer at PennyMac Financial…
Pennymac increases its conforming loan limit to $802,650
In what has become a familiar fall ritual, mortgage lenders are increasing their conforming loan limits…
Pennymac posts first-quarter profit of $39M
Pennymac Financial Services earned a profit of $39.3 million in the first quarter of 2024, the…