A national shareholder rights law firm has launched an investigation PennyMac Financial Services Inc. about possible violations of federal securities laws.
Glancy Prongay Wolke & Rotter LLPwhich represents investors and consumers in securities litigation, said the investigation follows PennyMac’s Jan. 29 release of fourth-quarter and full-year 2025 results, which showed revenue of $538 million and earnings of $1.96 per share, both of which were below analyst estimates.
PennyMac’s net prepayment fees decreased to $149.8 million, compared to $241.2 million in the third quarter of 2025. The company said the increase in prepayments led to higher cash flow realization for mortgage servicing rights (MSR).
The company also reported a return on equity of 10%, missing previous expectations from high teens to low twenties. PennyMac did not immediately return HousingWire’s request for comment.
Following the earnings report, shares of PennyMac fell 33% to $99.92 on January 30. The law firm encourages investors who have lost money to contact them about possible claims.
Bloomberg reported that the decline in PennyMac stocks spilled over to other mortgage-related stocks, causing them to fall further Rocket Companies Inc., UWM Holdings Corp., Onity Group Inc. And LoanDepot Inc. Some of these losses were recovered during Monday’s trading, the outlet reported.
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