Company Name | Pennymac Financial Services, Inc. |
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Website | PennyMacUSA.com |
Snippet | PennyMac Financial Services, Inc. is an American residential mortgage company headquartered in Westlake Village, California. The company's business focuses on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. PennyMac operates through two subsidiaries: PennyMac Loan Services, LLC and PNMAC Capital Management, LLC.[2] The latter manages the PennyMac Mortgage Investment Trust (NYSE: PMT), a mortgage REIT. |
Type | Public company |
Founded | 2008 |
Founder | Stanford Kurland |
Revenue | US$3.71 billion (2020)[1] |
Website | PennyMacUSA.com |
Industry | Mortgage lending and servicing |
Products | 30-year fixed-rate mortgages, 15-year fixed-rate mortgages, FHA loans, VA loans, ARM loans, jumbo loans |
Traded as | NYSE: PFSIRussell 2000 Component |
Key people | David Spector, CEO |
Net income | US$1.65 billion (2020)[1] |
Area served | United States |
Headquarters | Westlake Village, California, United States |
Subsidiaries | PennyMac Loan Services, LLCPNMAC Capital Management, LLC. |
Total assets | US$31.60 billion (2020)[1] |
Total equity | US$3.39 billion (2020)[1] |
Operating income | US$2.24 billion (2020)[1] |
Number of employees | 6,000 (2020)[1] |
Pennymac Financial Services, Inc. is part of the United States company list
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