Apr. 22 at 9:18 PM
$PFSI
Pretax income was
$104.2 million, down from pretax income of
$129.4 million in the prior quarter and up from
$43.9 million in the first quarter of 2024
Production segment pretax income was
$61.9 million, down from
$78.0 million in the prior quarter and up from
$48.7 million in the first quarter of 2024
Total loan acquisitions and originations, including those fulfilled for PMT, were
$28.9 billion in unpaid principal balance (UPB), down 19 percent from the prior quarter
PMT retained 21 percent of total conventional conforming correspondent loans in the first quarter, up from 19 percent in the prior quarter
Total locks, including those for PMT
Correspondent lock volume for PMT’s account was
$2.7 billion in UPB, down 14 percent from the prior quarter and up 10 percent from the first quarter of 2024
Servicing segment pretax income was
$76.0 million, down from
$87.3 million in the prior quarter and up from
$23.7 million in the first quarter of 2024
