PennyMac reports higher second quarter revenue

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By Staff Report / Thursday, August 2nd, 2018 / Comments Off on PennyMac reports higher second quarter revenue

PennyMac Financial Services, a mortgage lender based in Westlake Village, reported revenue of $244.3 million and net income of $68.4 million for its second quarter ended June 30. Total net revenue was up 21 percent from a year ago. The board of directors also announced a one-time cash dividend of 40 cents per share of…

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