"January 2025" Archives

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PennyMac’s 2024 performance driven by strong servicing portfolio

PennyMac Financial Services Inc. reported Thursday that it earned $104.5 million in net income during the fourth quarter of 2024 on revenue of $470.1 million. It’s an about-face for PennyMac after it posted a net loss of $36.8 million in Q4 2023. For 2024 as a whole, the California-based lender earned a profit of $311.4…

Planet Financial hires Ken Quantie to lead KeyLink Title

The title entity of Planet Financial Group has a new leader. On Thursday, Planet announced the hiring of Ken Quantie as its new senior vice president of KeyLink Title.  In this role, Quantie will work to expand KeyLink’s residential and commercial title offerings, making them available to outside financial services entities by the end of…

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