The massive mortgage business saw a first quarter profit mitigated by nearly $300 million in hedging losses.
https://www.nationalmortgagenews.com/news/pennymac-financial-services-touts-broker-channel-gains-as-earnings-rebound
Industry unifies to help finalize HMBS buyout relief
Trade groups welcome a proposed reverse-mortgage option for buyouts and are working with Ginnie...
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