PFSI - PennyMac Financial Services, Inc.

NYSE - NYSE Delayed Price. Currency in USD

PennyMac Financial Services, Inc.

3043 Townsgate Road
Westlake Village, CA 91361
United States
818 224 7442
https://ir.pennymacfinancial.com

Sector(s)Financial Services
IndustryMortgage Finance
Full Time Employees4,168

Key Executives

NameTitlePayExercisedYear Born
Mr. David A. SpectorCEO & Chairman5.08M1.35M1963
Mr. Douglas Edward JonesPres, Chief Mortgage Banking Officer & Director3.42MN/A1957
Mr. Daniel Stanley PerottiSr. MD & CFO1.83MN/A1981
Mr. James FolletteSr. MD & Chief Mortgage Operations Officer1.36MN/A1973
Mr. Gregory L. HendryChief Accounting OfficerN/AN/A1961
Mr. Kevin ChamberlainExec. VP of Investor RelationsN/AN/AN/A
Mr. Derek W. Stark J.D.Sr. MD, Chief Legal Officer & Sec.N/AN/A1968
Ms. Jenny RhodesMD & Chief HR OfficerN/AN/AN/A
Mr. Steven Richard BaileySr. MD & Chief Servicing OfficerN/AN/A1962
Mr. Isaac GardenSr. VP of Investor RelationsN/AN/AN/A
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.

Corporate Governance

PennyMac Financial Services, Inc.’s ISS Governance QualityScore as of June 1, 2023 is 4. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 2; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.