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Tagged: Pennymac

PennyMac 2Q Earnings Down Nearly 37% YOY

Following three rounds of layoffs that eliminated 475 jobs, PennyMac says production segment income was down 96% YOY.

Industry News
Aug 02, 2022
PennyMac Cutting 207 Jobs

A wide variety of positions are affected.

Industry News
May 24, 2022
Zillow Officially Exits iBuying
Industry News
May 06, 2022
iBuying contributed to an increase in earnings for Zillow, but the company is getting out the business.
PennyMac's 1Q 2022 Earnings Feel Sting Of Rising Rates

Mortgage originator and servicer reports net income fell 54% year over year.

Industry News
May 06, 2022
PennyMac Files Intent To Lay Off 236 Employees

Bulk of layoffs in California come from home loans, followed by refinancing

People On The Move
Mar 28, 2022
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