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PennyMac Financial Services Inc(1AC)

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.


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Home Page: www.pennymac.com

3043 Townsgate Road
Westlake Village, CA 91361
United States
Phone: 818 224 7442


Officers

Name Title
Mr. David A. Spector CEO & Chairman
Mr. Douglas Edward Jones President, Chief Mortgage Banking Officer & Director
Mr. Daniel Stanley Perotti Senior MD & CFO
Mr. James Follette Senior MD & Chief Digital Officer
Mr. Gregory L. Hendry Chief Accounting Officer
Mr. Mike Hogan Senior Managing Director & Chief Information Officer
Mr. Kevin Chamberlain Executive Vice President of Investor Relations
Mr. Derek W. Stark J.D. Senior MD, Chief Legal Officer & Secretary
Ms. Susan Hallock Smith Senior MD & Chief Marketing Officer
Ms. Jenny Rhodes Senior MD & Chief Human Resources Officer

Exchange: F

Country: DE : Germany

Currency: Euro (€)

GIC Sector: Financials
GIC Group: Banks
GIC Industry: Thrifts & Mortgage Finance
GIC Sub-Industry: Thrifts & Mortgage Finance
Forward PE: 7.6864
Trailing PE: 32.5581
Price-to-Book MRQ: 1.422
Price-to-Sales TTM: 1.8576
IPO Date:
Fiscal Year End: December
Full Time Employees: 4309
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