PennyMac Financial Services, Inc. (PFSI) Presents At Barclays 23rd Annual Global Financial Services Conference (Transcript)

Group 1 - The company is experiencing margin expansion in its correspondent space, increasing from approximately 23 basis points to 30 basis points [1] - Although volumes have decreased slightly, there is an expectation for an increase in volumes in the correspondent and best efforts business due to recent market rallies [2] - The bulk business is not anticipated to see volume increases until Q4, but the company remains optimistic about its current performance [2]