Pennymac Financial Services — Investor Presentation (December 2023)

4 slides from Pennymac Financial Services's investor presentation, December 2023

Slide 1: Investor Update
INVESTOR UPDATE PennyMac Financial Services, Inc. December 2023
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, regarding management’s beliefs, estimates, projections and assumptions with respect to, among other things, our financial results, fu
Slide 3: Black Knight Litigation Outcome
BLACK KNIGHT LITIGATION OUTCOME Background • In November 2019, Black Knight(1) filed a lawsuit against Pennymac(2) that alleged Pennymac misappropriated trade secrets and breached their contracts in order to copy Black Knight’s mortgage servicing platform MSP in creating its Servicing Systems Enviro
Slide 4: Fourth Quarter 2023 Business Update – Production and Servicing
FOURTH QUARTER 2023 BUSINESS UPDATE – PRODUCTION AND SERVICING • Correspondent acquisitions of $16.8 billion and Fundings ($ in billions) locks of $18.0 billion to date in 4Q23(1,2) 3Q23 Oct-23 Nov-23 4Q23TD • Broker Direct originations of $1.6 billion and locks Correspondent Acquisitions(1) $ 21.5