PennyMac Q1 earnings: Strong mortgage production offsets weaker servicing results
PennyMac Financial Services reported first-quarter net income of $82.3 million, or $1.53 per diluted share, as stronger mortgage production helped offset weaker servicing results tied to mortgage servicing rights valuation changes and hedging losses. The Westlake Village, California-based mortgage l
Donna Schmidt on leadership, longevity and navigating change in mortgage servicing
As part of HousingWire’s Editor’s Choice awards spotlight series, we’re spotlighting past Women of Influence honorees whose careers, leadership and insights continue to influence the industry. This series offers a closer look at the experiences and decisions that have shaped their paths. HousingWire
Missouri may expand its first-time homebuyer savings tax break
Saving for a first home in Missouri is about to get a significant tax break – with a big if – provided the state Senate’s latest housing bill makes it through the House. Senate Bill 1001 passed the Senate this spring and now sits before a House committee. The bill includes a sweeping upgrade to the
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