---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-099415"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:47:29.730163+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# PennyMac Q3-to-date correspondent acquisitions up 35% MoM in Aug; servicing portfolio reaches $584B UPB

## Summary
- Correspondent acquisitions $7.7B in Aug (+35% vs Jul); locks $9.4B (+56% vs Jul).
- Broker Direct originations $0.8B in Aug (+9% vs Jul); locks $1.1B (+19% vs Jul).
- Gain-on-sale margins through Aug consistent with Q2 2023 levels.
- Servicing portfolio grew to $584B UPB as of Aug 31, up from prior quarter.
- 18% of servicing UPB has note rate >=5%, up from 15% prior quarter (improving rate exposure).

## SEC filing metadata
- accession: 0001104659-23-099415
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465923099415/0001104659-23-099415-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465923099415/tm2325745d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-099415
- JSON: https://secwatch.observer/filing/0001104659-23-099415.json
- Plain text: https://secwatch.observer/filing/0001104659-23-099415.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.