PennyMac Financial Services, Inc. (PFSI) NYSE
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Currency In USD
Address
3043 Townsgate Road
Westlake Village, CA 91361
United States of America (the)
Phone
818 224 7442
Sector
Financial Services
Industry
Financial - Mortgages
Employees
4457
First IPO Date
May 09, 2013
| Name | Title | Pay | Year Born |
| David A. Spector | Chief Executive Officer & Chairman | 5.2M | 1963 |
| Derek W. Stark | Senior MD, Chief Legal Officer & Secretary | 1.38M | 1968 |
| James Follette | Senior MD & Chief Digital Officer | 1.51M | 1972 |
| Daniel Stanley Perotti | Senior MD & Chief Financial Officer | 1.81M | 1981 |
| Marshall Sebring | Senior MD & Chief Investment Officer | 3.88M | 1980 |
| Douglas Edward Jones | President, Chief Mortgage Banking Officer & Director | 3.96M | 1957 |
| Mike Hogan | Senior MD & Chief Information Officer | 0 | N/A |
| Gregory L. Hendry | Chief Accounting Officer | 0 | 1961 |
| Isaac Garden | Executive Vice President of Investor Relation | 0 | N/A |
| Kevin Chamberlain | Managing Director of Investor Relations | 0 | N/A |
| Abbie Tidmore | Senior MD & Chief Revenue Officer | 0 | 1966 |
| Jenny Rhodes | Senior MD & Chief Human Resources Officer | 0 | N/A |
| Susan Hallock Smith | Senior MD & Chief Marketing Officer | 0 | N/A |
PennyMac Financial Services, Inc. (PFSI), through its various subsidiaries, is actively engaged in mortgage banking and investment management activities across the United States. The company's operations are structured into three primary divisions: Production, Servicing, and Investment Management. The Production segment focuses on the creation, acquisition, and subsequent sale of loans. Its primary involvement is with first-lien residential mortgage loans, encompassing both conventional products and those insured or guaranteed by the government. The Servicing segment is responsible for the administration of newly originated loans, in addition to managing early buyout transactions and providing servicing for other loan portfolios. This involves a broad range of activities, such as general loan administration, payment collection, and managing defaults. Specific duties include processing loan payments, addressing customer inquiries, meticulously accounting for principal and interest, holding custodial funds for property taxes and insurance premiums, providing guidance to delinquent borrowers, and supervising foreclosure processes and property dispositions. Furthermore, this segment implements loss mitigation strategies, including loan modification and forbearance programs. The Investment Management segment's core functions include identifying potential investment assets, conducting thorough due diligence, submitting bids, and finalizing acquisitions. It also oversees the correspondent production operations for PennyMac Mortgage Investment Trust and manages the acquired asset base. PennyMac Financial Services, Inc. was established in 2008 and maintains its headquarters in Westlake Village, California.