$PFSI Stock Announcement: PennyMac Financial Services, Inc. Investors May Have Been Affected by Fraud and Are Urged to Contact BFA Law
PennyMac Financial ServicesPennyMac Financial Services(US:PFSI) TMX Newsfile·2026-02-16 11:36

Group 1: Investigation Overview - Bleichmar Fonti & Auld LLP is investigating PennyMac Financial Services, Inc. for potential violations of federal securities laws [1] - The investigation focuses on whether PennyMac misrepresented its ability to recapture customers refinancing their mortgages as interest rates declined [3] Group 2: Business Operations and Market Context - PennyMac originates and services home mortgages and has recently increased its capacity to originate loans to retain borrowers seeking to refinance [2] - The company reported improved recapture rates to investors, indicating a positive outlook during a period of declining interest rates [2] Group 3: Financial Performance and Stock Impact - On January 29, 2026, PennyMac reported disappointing financial results for Q4 2025, which led to a significant stock price drop of over 37% [4] - The stock fell 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, due to increased competition in the mortgage origination market [4]