Gregory Hendry Sells Shares of PennyMac Financial Services, Inc. $PFSI
Key Points
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Gregory Hendry, MD, Chief Accounting Officer at PennyMac Financial Services, Inc. ($PFSI), sold 2,943 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
PennyMac Financial Services, Inc. Stock Up 13.6%
Shares of PennyMac Financial Services, Inc. ($PFSI) traded around $83.35 on Thursday, up 13.6% for the day.
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About PennyMac Financial Services, Inc.
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through two segments, Production and Servicing. The Production segment is involved in the origination, acquisition, and sale of loans. This segment also 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 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; offers counseling for delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities comprising modification and forbearance programs, and supervising foreclosures and property dispositions. The company was founded in 2008 and is headquartered in Westlake Village, California.
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