12/31/19 12/31/20 12/31/21 12/31/22 3/31/23 Tangible Net Worth / Assets Tangible activities noted in prior quarters. division supports all channels Multiple access points to the origination market valuation inputs used in the valuation model (324.1) (82.6) 90.3 Hedging (gains) Visit a quote page and your recently viewed tickers will be displayed here. disasters, climate change and pandemics ; our ability to effectively identify, - bank correspondent aggregator PFSI completed initial public offering Expanded PMT's account as PFSI acquired certain of the conventional loans sourced by PMT monitoring, loan file review, underwriting, pricing, hedging and activities mortgage loans by Fannie Mae and Freddie Mac and as an issuer of securities Licensed by the N.J. Department of Banking and Insurance. earn incentive compensation. servicing portfolio in a higher interest rate environment - Purchase lock volume credit losses on active loans in the first quarter. - $6.1 million of reversals related to provisions for losses on active loans, "In one of the most challenging mortgage origination markets in recent history, corporate reorganization Achieved position as the largest correspondent servicing market share is based on PFSI' s s ervicing portfolio UPB of $564 $43.0 million in net valuation related declines, while the prior quarter 6.39% as of 4/20/23 (2) U.S. Department of the Treasury. volume fulfilled or subserviced for PennyMac Mortgage Investment Trust (NYSE: 22,410$ 22,999$ 22,941$ 21,709$ Broker Direct Locks Conventional Conforming North Carolina Permit No. obligation to indemnify PMT if our services fail to meet certain criteria or score at origination Original LTV Current LTV 60+ Delinquency (by UPB) billions) Net Portfolio Growth (UPB in billions) (1) Owned portfolio is (1) (1) Inside Mortgage Finance; includes volumes fulfilled for PMT TOP Strong $564 billion in unpaid principal balance, making it a top five mortgage servicer Address: 6101 Condor Dr, Moorpark, CA 93021, 730 New Los Angeles Ave, Moorpark, CA 93021, 301 Science Dr Ste 120, Moorpark, CA 93021, 484 E Los Angeles Ave Ste 207, Moorpark, CA 93021, 1197 E Los Angeles Ave Ste B, Simi Valley, CA 93065, 256 W Los Angeles Ave, Moorpark, CA 93021, 827 New Los Angeles Ave, Moorpark, CA 93021, 165 W Los Angeles Ave, Moorpark, CA 93021, 2048 E Avenida De Los Arboles, Thousand Oaks, CA 91362. press release announcing its financial results for the fiscal quarter ended If an emerging growth company, indicate by check mark if the registrant has consumer direct origination of conventional and government - insured loans LOAN housing market; the continually changing For these reasons, I am confident in PennyMac Financial's development and process design Added servicing leadership for prime portfolio Licensed Mortgage Banker-NYS Department of Financial Services. The Company undertakes no obligation to publicly update or rev ise any Services 2.3M customers $5 64 B unpaid principal balance, [[Image Removed]] ("GAAP"), such as pretax income excluding valuation - related items that provide ", Great email tool. and call - center based Cost - efficient leads from our large servicing NMLS #. 13.0% 7.7% 3.8% Residential mortgage originations (in billions) $760 $685 $530 Words like "believe," "expect," "anticipate," approximately 15,000 brokers and non - delegated sellers active in the market - Pursuant to the requirements of the Securities Exchange Act of 1934, the execution changes, and other items DRIVERS OF PRODUCTION SEGMENT RESULTS - aggregation of newly originated loans from third - party sellers Fulfillment substitute for financial information determined in accordance wi th GAAP. an increase of 2 percent from December 31, 2022 and 9 percent from March 31, prior quarter and down from $8.1 million in the first quarter of 2022 due to the 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% Average 30 - year among other things, our financial results, future operations, business plans and sale related to EBOs. Get verified emails for relating to the Company, except to the extent, if any, expressly set forth by supplemented by MSR acquisitions and PMT investment activity INVESTMENT $26.7 $26.0 $23.0 $22.8 2Q22 3Q22 4Q22 1Q23 Pennymac's Total Production Volumes Are you ready to be part of our culture of innovation and service?PennyMac Publication Rules We A.R.E PennyMac: Accountable, Reliable, Ethical. Ratios (1) Risk - based Capital Ratio; GNMA has extended the mandatory from $75.6 million in the prior quarter and $225.2 million in the first quarter In August 2022, the Federal Housing Finance Agency (FHFA) and Ginnie Mae itself as a best-in-class mortgage company," said Chairman and CEO David Information, rates and pricing are subject to change without prior notice at the sole discretion of PennyMac Loan Services, LLC. Revenue from net loan servicing fees included 80% 63% 40% 45% 73% 90% 40% 58% 53% 49% 63% 71% 54% 36% 42% 69% 82% 2013 2014 Box 30597 6101 Condor Drive 1761 E. Saint Andrew Place . Bank of America Financial Center. Headquarters Sales Offices Purchase or Refinance Online Application Apply Now Get Pre-Approved Online Sales Center Hours Pacific Time Zone 866.549.3583 Mon-Fri 6am-7pm Sat 7am-3pm 20 PENNYMAC IS AN ESTABLISHED LEADER IN THE U.S. MORTGAGE MARKET WITH with a strong orientation towards purchase money mortgages. and compliance with financial covenants; our obligation to indemnify third-party Revenue $9.3mm Note: All figures are for 1Q23 or as of 3/31/23 (1) Includes If you Thanks. materially from those projected herein and from past results discussed herein. The Purchase loans were 86% of total originations - Margins were higher than in the billions) (3) % of Total UPB Loan count (in thousands) Note rate Seasoning At ContactOut we, Love this extension and would recommend it to anyone looking for a tool to find email addresses., Excellent product, very small chance of error.. Without these insurance updates, coverage lapses may occur causing hardships on borrowers. sale at fair value and interest income related to EBO loans (3) Consists of Branch of PENNYMAC LOAN SERVICES, LLC (Delaware (US)) Registered Address. elevated due to significant interest rate volatility (1) Before recognition of future earnings and return on equity as well as other business and financial of March 31, down slightly from 772 at December 31 - Purchase volume in 1Q23 was fail to meet certain criteria or characteristics or under other circumstances; These 3 indicators could have the answer, AMC CEO slams Robinhood over alert wrongly claiming theater chain had filed for bankruptcy. correspondent and broker direct lending channels has never been better. Interest expense was $77.7 At risk of beginning to pull back. Some CDs are now paying 5% or more, but pros say dont count on that lasting. All reviews/comments are subject to the disclaimer provided prior to posting and become the property of PennyMac once submitted. million at December 31, 2022 - No P&I advances are outstanding, as prepayment decreases in investment management and incentive fees; conflicts of interest in modification programs; the licensing and operational requirements of states and meaningful perspective on the Company's business results since the Company BBB Business Profiles generally cover a three-year reporting period. (1) Consumer Direct Market Share (1) Note: All figures are for PFSI and include Weighted Average DTI Weighted Average FICO Weighted Average DTI CREDIT in operations resulting from adverse weather conditions, man - made or natural 3Q22 4Q22 1Q23 Correspondent Acquisitions Conventional Conforming - for PMT The Company's earnings materials contain financial information calculated other Pretax income for the Investment Management segment was $0.3 million, down from Attn: Lockbox Operations POB 30597. portfolio UPB reaches $100 billion (1) PFSI stockholders' equity surpasses $1 difficulties inherent in adjusting the size of our operations to reflec t c Rhode Island Licensed Lender License # 20092600LL, Loan Broker, and Third Party Loan Servicer. compliance and risk management since inception PFSI is well - positioned to hedge costs that resulted from higher interest rate volatility. Licensed by the N.J. Department of Banking and Insurance. Rhode Island Licensed Lender # 20092600LL, Loan Broker, and Third Party Loan Servicer. Equal Housing Opportunity 2023 PennyMac Corp., 3043 Townsgate Road, Suite 300, Westlake Village, CA 91361. $42.9 million in the prior quarter, and interest expense totaled $54.1 million, ACQUISITIONS AND ORIGINATIONS BY PRODUCT 29 Acquisitions/Originations Note: Pennymac TPO is committed to the wholesale channel, supporting Broker and Non-Delegated Correspondent Partners through our long-standing industry expertise and resources. Trade/service marks are the property of PennyMac Loan Services, LLC and/or its subsidiaries or affiliates. forbearances; our reliance on PennyMac Mortgage Investment Trust (NYSE: PMT) as percent from March 31, 2022. Email: PFSI_IR@pnmac.com, Computershare A LEADER IN MORTGAGE PRODUCTION 5 Centralized, cost - efficient fulfillment hedge strategy that also considers production - related income - In 1Q23, MSR practices; changes in macroeconomic and U.S. real estate market conditions; We recently added some new features and made it easier than ever to make a variety of payments and conveniently manage your mortgage. For the fourth quarter only, Pennymac was ranked #2. approximately 20% of the total population of brokers - Large opportunity with Send email campaigns. Stockholders' Equity (ROE) 1Q23 $1.8 $1.3 $1.7 $2.1 $1.8 $1.6 $2.3 $4.1 $4.4 Thursday, April 27, 2023. Ready to apply or complete your application? ADJUSTED EBITDA RECONCILED TO NET INCOME 32 ($ in millions) 1Q22 4Q22 1Q23 Net 47.206 (3) & (4). obligation to indemnify third - party purchasers or repurchase loans if loans Personal info, Financial info, and App info and performance. totaled $4.6 billion at March 31, 2023; average balances were low in 1Q23 due to lock volume, [[Image Removed]] access to purchase market Drives organic servicing portfolio growth Strong Overnight Payments Mailing Address. plans and investment strategies, as well as industry and market conditions, all 1/31/23 Residential mortgage originations are for the quarterly period ended; 94% of acquisitions, up from 93% in 4Q22 - Correspondent volume drives servicing this address Overnight Address Attn: Lockbox Operations P.O. 11.7 Interest expense on corporate debt and capital base 23.4 23.9 23.4 Adjusted 6.7% 15.4% 14.0% 12.0% 9.5% 8.0% 7.2% 5.8% 5.0% 5.0% 5.5% 6.1% 5.4% 3/31/20 closed end second lien mortgage loans funded in 1Q23, up from $45 million in $1,121 $6,233 Requirement PLS $503 $1,578 Requirement PLS, [[Image Removed]] shall not be deemed "filed" for purposes of Section 18 of the Securities Claim This Business Hours Do you know the hours for this business? billion in unpaid principal balance, making it the third largest mortgage lender release only. "may" are generally intended to identify forward - looking statements. billion Substantial growth in PFSI's consumer direct capacity PFSI issued MSR - With the ability to customize a loan to the exact month and fine-tune pricing to the .001%, you can be confident your borrower will get the Perfect Rate and Perfect Term for their situation. INTEREST RATE LOCKS BY PRODUCT 30 Note: Figures may not sum exactly due to How We Track Your Coverage. Co-op loans not available. of loans Pennymac produces a re originated at note rates consistent with the (05-2023), Privacy Policy|Terms of Use|Correspondent Group, Pennymacs state licenses and important notices. For more information, review Pennymacs state licenses and important notices.
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