PennyMac Financial Services Inc. (PFSI) on Tuesday reported net income of $76.3 million for the first quarter of 2025 after it posted revenue of $430.9 million. These numbers were down from the ...

Norman Kravetz is running into trouble with his firm’s sprawling Los Angeles County office portfolio that includes the Los Angeles Rams headquarters. A $67.5 million commercial mortgage-backed ...

Onity Group — the parent company of PHH Mortgage Corp. and its subsidiary, Liberty Reverse Mortgage — reported record earnings for 2025, driven by growth in mortgage servicing and originations. It ...

LAS VEGAS, NV, May 08, 2025 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc (CPSS). (Nasdaq: CPSS) (“CPS” or the “Company”), a leader in providing indirect automobile financing to consumers, ...

Westlake Portfolio Management (WPM) is back in the business of absorbing outstanding portfolios. The subsidiary loan servicing company of Westlake Technology Holdings has entered into a servicing ...

Management referenced third-party forecasts estimating total mortgage originations of $2 trillion in 2025, indicating growth in both refinance and purchase volumes. The company aims to improve ...

Explore loan servicing, covering its definition, administrative process, and a practical example to understand how payments, taxes, and records are managed.