Pennymac declares cash dividend of 47 cents per share
PennyMac Mortgage Investment Trust has declared a cash dividend of 47 cents per common share for the second quarter of 2016. This dividend will be paid on July 28 to common shareholders of record as of July 14, 2016. Based in Moorpark, PennyMac Mortgage Investment Trust is a mortgage real estate investment trust that invests Read More →
Read More →PennyMac Financial misses Wall Street estimates
Moorpark-based PennyMac Financial Services reported a $26.5 million profit on revenue of $143.4 million for the first quarter of 2016, missing Wall Street expectations on earnings per share and revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported earnings of 23 cents Read More →
Read More →PennyMac beats profit expectations but misses on revenue
Moorpark-based PennyMac Financial Services reported a $68.9 million profit on revenue of $187.2 million for the fourth quarter, beating Wall Street expectations on profit but missing on revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported a profit 58 cents per share Read More →
Read More →Profits rise at PennyMac firms
Moorpark-based PennyMac Financial Services said profits rose to $51.4 million on revenue of $130.4 million for the second quarter, beating Wall Street expectations for both measures.
Read More →Editorial: Large employers loosen grip on Ventura County
Half-a-dozen years ago, East Ventura County’s economy was heavily dependent on two very large employers: subprime lending giant Countrywide Financial Corp. and biotech behemoth Amgen.
Read More →PennyMac counts on family, Countrywide ties
PennyMac, the Moorpark-based firm founded by former top brass at Countrywide Financial Corp., has inked a $550 million loan repurchasing deal with Bank of America. The deal forms a half-billion-dollar pact among three companies that have been intimately connected since shortly after Countrywide, the firm at the heart of the subprime loan meltdown, was Read More →
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Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings
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