PennyMac Financial Services, Inc.

PennyMac Financial Services, Inc. (PFSI) is a specialty financial services firm with a comprehensive mortgage platform. The company's integrated business primarily focuses on the production and servicing of U.S. residential mortgage loans, referred to as mortgage banking. PFSI also manages investments related to the U.S. mortgage market and provides products and services that utilize innovative technologies to support customers. The company operates and controls all business and affairs and consolidates the financial results of Private National Mortgage Acceptance Company, LLC (PNMAC) and its subsidiaries. Its principal mortgage banking subsidiary, PennyMac Loan Services, LLC (PLS), is a non-bank producer and servicer of mortgage loans. PLS is a seller/servicer for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), both government-sponsored entities. Additionally, PLS is an approved issuer of securities guaranteed by the Government National Mortgage Association (Ginnie Mae), a lender of the Federal Housing Administration (FHA), and a lender/servicer of the U.S. Department of Veterans Affairs (VA) and the United States Department of Agriculture (USDA).