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NewsMay 5, 20260 views

PennyMac Q1 earnings: Strong mortgage production offsets weaker servicing results

PennyMac earned $82.3M in Q1, adjusted $117.7M. Production pretax income rose, while MSR hedges hit servicing.

Source: HousingWire

PennyMac earned $82.3M in Q1, adjusted $117.7M. Production pretax income rose, while MSR hedges hit servicing.

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