PennyMac reports Q4 2025 profit of $107M
By: Sarah Wolak | Published: 2026-01-29 23:15:11 | Source: www.housingwire.com
Dan Perotti, PennyMac’s chief financial officer, said during the company’s earnings call that the net income results included $1 million of fair value gains on mortgage servicing rights (MSRs), the net of hedges and costs.
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“We capitalized on higher lock volumes driven by an initial decline in interest rates to generate an 18% annualized return on equity,” chairman and CEO David…
