Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

The FHFA Declines to Help Non-Bank Servicers. What Does This Mean for PennyMac? [The Motley Fool]

PennyMac Mortgage Investment Trust Common Shares of Beneficial Interest (PMT) 
Last pennymac mortgage investment trust common shares of beneficial interest earnings: 2/6 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.pennymacfinancial.com
Company Research Source: The Motley Fool
With the passage of the CARES Act, homeowners with federally backed mortgages who are experiencing financial troubles due to thenovel coronavirus crisisThis has caused the market value of mortgage servicing rights (MSRs) to collapse, as the government hasdecided to not provide a credit linePennyMac Financial ServicesNYSE:PFSIREITPennyMac Mortgage Investment TrustImage source: Getty Images.What is a mortgage servicing right?A mortgage servicer is the entity that collects your monthly payments, makes sure those funds go to the end investor, maintains the escrow accounts, and handles the foreclosure if you default on your loan. In return, the servicer is generally paid a fee depending on what type of loan it is. Since the costs involved in servicing a loan are generally much lower than the servicing fee, the right to perform this service is an asset valued typically using a complicated model. The value of servicing is sensitive to assumptions about defaults, and the CARES Act ensures tha Show less Read more
Impact Snapshot
Event Time:
PMT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PMT alerts
Opt-in for
PMT alerts

from News Quantified
Opt-in for
PMT alerts

from News Quantified