PFSI

PennyMac Financial Services, Inc. operates as a specialty financial services firm focused on the U.S. residential mortgage market. Headquartered in Westlake Village, California, the company was founded in 2008 and conducts business through three primary segments: Production, which originates and purchases loans through its correspondent lending, retail direct, and broker channels; Servicing, which manages mortgage servicing rights and performs loan modification activities; and Investment Management, which manages investments for PennyMac Mortgage Investment Trust and other institutional investors. The company operates as the manager for publicly traded PennyMac Mortgage Investment Trust (PMT) and employs approximately 4,000 people across multiple facilities nationwide. PFSI ranks among the top mortgage lenders and servicers in the United States, with a servicing portfolio exceeding $500 billion in unpaid principal balance. The company originates both conventional conforming loans and government-insured mortgages including FHA, VA, and USDA products. Recent strategic initiatives include expanding its servicing portfolio through bulk acquisitions, enhancing digital mortgage capabilities, and optimizing its correspondent lending platform. The company maintains correspondent relationships with over 600 approved lenders and has established itself as a significant participant in mortgage servicing rights transactions, leveraging its integrated platform to capture value across the mortgage lifecycle.