Pennymac posts first-quarter profit of $39M
Housing Wire
APRIL 24, 2024
million figure it posted during the same period last year but a significant improvement from the pretax loss of $54.2 million, up 5% from the prior quarter and up 52% year over year. billion in unpaid principal balance (UPB), down 19% on a quarterly basis and 5% below year-ago levels. million profit it posted in 2022.
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