pennymacfinancial.comPennyMac Loan Services - National Home Mortgage Lender

Home Corporate Info Corporate Profile Business Segments Corporate Structure Corporate Governance Governance Documents Officers & Directors Committee Composition News Stock Info Stock Quote Total Return Calculator Analyst Coverage Dividends Dividend Tax Information SEC Filings SEC Filings Insider Filings Presentations & Events Presentations Quarterly Earnings Events Contact Contacts Email Alerts The NYSE welcomed executives of PennyMac Financial Services, Inc. in celebration of PMT's 10th anniversary of listing. To honor the occasion, Stanford L. Kurland, Executive Chairman, rang The Opening Bell. November 25, 2019 -- -- -- PennyMac Financial Services Is a Leading Mortgage Specialist Operating subsidiaries founded in 2008; publicly traded (NYSE: PFSI) since 2013 Specialized mortgage platform with more than 5,300 employees; highly scalable to support continued growth Track record of successful growth in business volumes and profitability Commitment to strong corporate governance and compliance culture Synergistic partnership with PennyMac Mortgage Investment Trust (NYSE: PMT) PennyMac Mortgage Investment Trust (NYSE: PMT) Investor Relations Website Company Information PennyMac Financial Services, Inc. PennyMac Financial Services, Inc. is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. PennyMac Financial was founded in 2008 by members of our executive leadership team and two strategic partners, BlackRock Mortgage Ventures, LLC and HC Partners, LLC, formerly known as Highfields Capital Investments, LLC. Since then, we have built what we believe is an industry-leading operational platform to pursue business opportunities in the U.S. mortgage market. We have a strong track record of performance and earnings growth, driven by solid execution of our growth strategies while remaining focused on quality and governance. PennyMac Financial operates in three business segments: Loan Production, Loan Servicing and Investment Management. As of June 30, 2020, we are the 4th largest originator and the 8th largest servicer in the U.S. according to Inside Mortgage Finance. In our Investment Management business, we manage PennyMac Mortgage Investment Trust (NYSE: PMT), a publicly-traded mortgage REIT. PMT is a tax-efficient vehicle for investing in mortgage-related assets and a capital partner that helps reduce our balance sheet requirements compared to a typical mortgage company. We believe that PennyMac Financial is a unique company in the U.S. mortgage sector. We have a diversified business model that includes complementary strategies that have generated strong and growing profits across a range of market environments. We believe that the deep experience of our senior management and our strong commitment to corporate governance, compliance, and risk management are essential to PennyMac Financial's continued success and long-term growth. Forward-Looking Statements Disclosure Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, regarding management's beliefs, estimates, projections and assumptions with respect to, among other things, the Company's financial results, future operations, business plans and investment strategies, as well as industry and market conditions, all of which are subject to change. Words like "believe," "expect," "anticipate," "promise," "plan," and other expressions or words of similar meanings, as well as future or conditional verbs such as "will," "would," "should," "could," or "may" are generally intended to identify forward-looking statements. Actual results and operations for any future period may vary materially from those projected herein, from past results discussed herein. Factors which could cause actual results to differ materially from historical results or those anticipated include, but are not limited to: the continually changing federal, state and local laws and regulations applicable to the highly regulated industry in which we operate; lawsuits or governmental actions that may result from any noncompliance with the laws and regulations applicable to our businesses; the mortgage lending and servicing-related regulations promulgated by the Consumer Financial Protection Bureau and its enforcement of these regulations; our dependence on U.S. government-sponsored entities and changes in their current roles or their guarantees or guidelines; changes to government mortgage modification programs; the licensing and operational requirements of states and other jurisdictions applicable to the Company's businesses, to which our bank competitors are not subject; foreclosure delays and changes in foreclosure practices; certain banking regulations that may limit our business activities; our dependence on the multifamily and commercial real estate sectors for future originations of commercial mortgage loans and other commercial real estate related loans; changes in macroeconomic and U.S. real estate market conditions; difficulties inherent in growing loan production volume; difficulties inherent in adjusting the size of our operations to reflect changes in business levels; purchase opportunities for mortgage servicing rights and our success in winning bids; changes in prevailing interest rates; increases in loan delinquencies and defaults; our reliance on PennyMac Mortgage Investment Trust (NYSE: PMT) as a significant source of financing for, and revenue related to, our mortgage banking business; any required additional capital and liquidity to support business growth that may not be available on acceptable terms, if at all; our obligation to indemnify third-party purchasers or repurchase loans if loans that we originate, acquire, service or assist in the fulfillment of, fail to meet certain criteria or characteristics or under other circumstances; our obligation to indemnify PMT and the Investment Funds if its services fail to meet certain criteria or characteristics or under other circumstances; decreases in the returns on the assets that we select and manage for our clients, and our resulting management and incentive fees; the extensive amount of regulation applicable to our investment management segment; conflicts of interest in allocating our services and investment opportunities among us and our advised entities; the effect of public opinion on our reputation; our recent growth; our ability to effectively identify, manage, monitor and mitigate financial risks; our initiation of new business activities or expansion of existing business activities; our ability to detect misconduct and fraud; and our ability to mitigate cybersecurity risks and cyber incidents. You should not place undue reliance on any forward-looking statement and should consider all of the uncertainties and risks described above, as well as those more fully discussed in reports and other documents filed by the Company with the Securities and Exchange Commission from time to time. The Company undertakes no obligation to publicly update or revise any forward-looking statements or any other information contained herein, and the statements made in this presentation are current as of the date of this presentation only. 2014 Annual Report -- Contact Us PennyMac Financial Services, Inc. 3043 Townsgate Road Westlake Village, CA 91361 Investor Relations Contact Isaac Garden FVP, Investor Relations (818) 264-4907 Email: PFSI_IR@pnmac.com Transfer Agent Computershare Shareowner Services LLC 480 Washington Boulevard 27th Floor Jersey City, NJ 07310-1900 (866) 271-9980 Copyright 2020 , © Powered By Q4 Inc. Equal Housing Opportunity© 2008-2020 PennyMac Loan Services, LLC, 3043 Townsgate Rd, Suite 200, Westlake Village, CA 91361, 818- 224-7442. NMLS ID # 35953 ( NMLS Consumer Access ). ...