PennyMac reports higher net income

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By Staff Report / Thursday, August 1st, 2019 / Comments Off on PennyMac reports higher net income

Financial institutions PennyMac Financial Services and PennyMac Mortgage Investment Trust, both based in Westlake Village, reported gains in income and revenue for the second quarter ended June 30. PennyMac Financial Services saw net income grow to $72.7 million, or 92 cents per diluted share, on revenue of $303 million. Both net income and revenue were…

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