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Pennymac posts Q3 profit of $181M, fueled by servicing strength

October 21, 2025 by bp56691
PennyMac Financial Services reports a 33% profit increase in Q3 2025, driven by strong revenue growth and strategic initiatives.
Categories Earnings, HWmember, LendingLife, Mortgage, Mortgage Servicing, MSRs, PennyMac

After the Bayview deal, what’s the refi strategy for Guild Mortgage?

July 14, 2025 by bp56691
Guild LOs said they have yet to receive any guidance on how the two platforms would collaborate after the deal closes.
Categories Guild Mortgage, HWmember, Lenders, LendingLife, Loan Officer, Mortgage, Mortgage Servicing, MSRs, Origination, Servicing

Newrez parent Rithm Capital posts 57% profit growth in 2024

February 6, 2025 by bp56691
Newrez parent Rithm Capital posts 57% profit growth in 2024
Rithm Capital, which owns multichannel mortgage lender Newrez, built upon its success in 2023 with net income of $835 million in 2024. That figure represented a 57% increase from its profit of $533 million a year earlier.
Categories Earnings, HWmember, Lenders, Mortgage, Mortgage Servicing, MSRs, NewRez, Origination

Newrez president Baron Silverstein on client retention and third-party servicing

January 25, 2025 by bp56691
In this week’s PowerHouse episode, Newrez President Baron Silverstein dives into his company’s recent acquisitions and its growth strategy.
Categories HWmember, Mergers and Acquisitions, Mortgage, Mortgage Servicing, MSRs, NewRez, Podcast, Podcasts, Servicing

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