Story thread · 2 reports / 1 sources

Pennymac profit drops in Q2 as rates bite, layoffs follow

housingwire.com · 13d

How the coverage leans

Across 1 sources · syndicated copies counted once

Pennymac posted Q2 net income of $22 million, down 84% YoY, as lock volume fell 18% and adjusted ROE slipped to 7%.

First report: Pennymac trims lending, fulfillment roles in layoff round housingwire.com, 13d

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