PennyMac Financial Services, Inc. ( NYSE: PFSI)

This investigation is for anyone who acquired securities in PennyMac Financial Services, Inc. (NYSE: PFSI) prior to January 29, 2026.

The Law Offices of Howard G. Smith believes that the Company and certain of its executives violated federal law. Specifically, the Law Offices of Howard G. Smith believes that the Company misled investors regarding its financial condition. More specifically, the Law Offices of Howard G. Smith believes that the Company misled investors by failing to timely inform investors that the Company was experiencing a significant reduction in the Company’s loan servicing portfolio.

On January 29, 2026, PennyMac released its fourth quarter and full year 2025 financial results. Among other things, the Company reported revenue of $538.01 million, which missed consensus by $83.02 million, and earnings per share of  $1.96, which missed consensus estimates by $1.27. The Company also reported an only a 10% return on equity (“ROE”), missing its previous guidance of a high-teens to low 20s ROE. In an earnings call the same day, the Company’s CEO, David Spector, attributed results to a high level of “runoff” in the Company’s Mortgage Servicing Rights portfolio, which the Company would normally “expect production income to act as a natural hedge” against. On this news, the price of the Company’s stock dropped precipitously on unusually heavy trading volume.

The Law Offices of Howard G. Smith seeks to recover damages on behalf of class members. If you acquired securities in PennyMac Financial Services, Inc. (NYSE: PFSI) prior to January 29, 2026 you may join the lawsuit by submitting your information online, or you may call the Law Offices of Howard G. Smith and speak to Mr. Smith directly to learn how he can protect your rights.