PennyMac reports mixed earnings results

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By Staff Report / Thursday, May 2nd, 2019 / Comments Off on PennyMac reports mixed earnings results

Westlake Village-based PennyMac Mortgage Investment Trust reported gains while sister company PennyMac Financial Services dipped in earnings for the first quarter of 2019 ended March 31. PennyMac Financial had net income of $46.1 million, or 58 cents per share on a diluted basis, on revenue of $247.7 million. Pretax income was $60.3 million, down 17 percent from…

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