Pennymac Financial Services, INC 8-K filings

PennyMac Financial Services announced a net income of $98.3 million for the second quarter of 2024, alongside a 50% increase in their quarterly dividend.

PennyMac Financial Services, Inc. has adopted a new executive deferred compensation plan and held its annual meeting of stockholders, electing directors and ratifying the appointment of its accounting firm.

PennyMac Financial Services successfully completed a $650 million offering of 7.125% senior notes due in 2030, using the proceeds to repay debt and for general corporate purposes.

PennyMac Financial Services has announced the pricing of a $650 million private offering of senior notes due in 2030, with proceeds intended to repay debt and for general corporate purposes.

PennyMac Financial Services plans to offer $650 million in senior notes due 2030 through a private placement to repay debt and for general corporate purposes.

PennyMac Financial Services reported a net income of $39.3 million for the first quarter of 2024, driven by strong performance in its production and servicing segments, despite challenges from MSR valuation changes.

PennyMac Financial Services has successfully concluded a long-standing legal battle with Black Knight, securing its proprietary technology and winning an antitrust claim.

PennyMac Financial Services, through a subsidiary, has issued $425 million in secured term notes to qualified institutional buyers.

PennyMac Financial Services has won an antitrust claim against Black Knight but is ordered to pay $150.2 million in damages related to a breach of contract claim, according to a final arbitration award.

PennyMac Financial Services reported a net loss for the fourth quarter of 2023, primarily due to a significant arbitration accrual, despite growth in loan production and servicing.