DividendsThe quarterly dividend was increased by 50% to 30 cents per share, reflecting strong financial health and commitment to returning value to shareholders.
EarningsPFSI reported core EPS of $2.67, surpassing both analyst estimates and consensus, driven by better-than-expected operating expenses.
Mortgage IndustryMortgage industry fundamentals have improved with industry capacity down 35%, housing inventory up 37%, and servicing portfolios featuring a rising proportion of higher note rate loans.