April 25, 2024
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PennyMac reports mixed earnings results

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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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