Country Club Mortgage to lay off employees, including CEO, and shutter offices [Yahoo! Finance]
PennyMac Financial Services, Inc. (PFSI)
Last pennymac financial services, inc. earnings: 2/6 04:30 pm
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Source: Yahoo! Finance
“This letter serves to give you an amended 60-day notice of permanent layoffs and facility closures effective Feb. 6, 2024,” Sherry Carson, human resources generalist at Country Club Mortgage, wrote in a letter sent to the Employment Development Department in California in early December. Representatives at the company did not immediately reply to a request for comments. Job cuts include the leadership – the president and CEO, the finance manager and the credit risk officer. Steve Rose is the lender's president, per the company's website. The layoffs target 105 staffers in Visalia (69 in total), Fresno (24), Hanford (3), Exeter (3) and Selma (6). The company's LinkedIn page says the company has between 51 and 200 employees. It also says it processes, underwrites and funds loans in-house. Job positions affected by the layoffs are underwriters, processors, disclosure and document specialists, among others. More than 50 mortgage loan officers were let go. The National Multistate
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PFSI
News
- Investors in PennyMac Financial Services (NYSE:PFSI) have seen impressive returns of 295% over the past five years [Yahoo! Finance]Yahoo! Finance
- PennyMac Financial Services (NYSE:PFSI) Has Announced A Dividend Of $0.20 [Yahoo! Finance]Yahoo! Finance
- PennyMac Financial Services, Inc. (NYSE: PFSI) had its price target lowered by analysts at Keefe, Bruyette & Woods from $105.00 to $100.00. They now have an "outperform" rating on the stock.MarketBeat
- PennyMac Financial Services, Inc. (NYSE:PFSI) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- PennyMac Financial Services, Inc. (NYSE: PFSI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
PFSI
Earnings
- 4/24/24 - Miss
PFSI
Sec Filings
- 4/24/24 - Form 8-K
- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
- PFSI's page on the SEC website