PFSI BREAKING INVESTIGATION: BFA Law Launches Investigation into PennyMac Financial Services, Inc. for Securities Fraud -- Investors with Losses Notified to Contact the Firm

Core Viewpoint - BFA Law has launched an investigation into PennyMac Financial Services, Inc. for potential violations of federal securities laws, particularly concerning misrepresentation of its mortgage recapture capabilities [1] Group 1: Investigation Details - The investigation focuses on whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages as interest rates declined [1] - PennyMac recently increased its capacity to originate loans to retain borrowers seeking to refinance, but faced heightened competition from other lenders [1] Group 2: Financial Performance - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, which contributed to a significant stock price drop [1] - The stock price fell over 37%, from $140.70 per share at the close of trading on January 29, 2026, to as low as $93.50 per share on January 30, 2026 [1]