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Pennymac delivers $145M profit in 2023 - Vimarsana News

Pennymac delivers $145M profit in 2023

In a high-rate environment, Pennymac Financial Services delivered profits in 2023, mainly due to the performance of its servicing portfolio. 

Pennymac to issue $650M in unsecured debt - Vimarsana News

Pennymac to issue $650M in unsecured debt

Pennymac Financial Services is the latest mortgage company to issue debt in a challenging market to raise more money for its business.

Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac - Vimarsana News

Black Knight awarded $155M in trade secrets theft lawsuit against Pennymac

An arbitrator conclusion issued last week caps a four-year legal battle involving two of the biggest companies in the housing industry.