{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-084385","form_type":"8-K","ticker":"PFSI","cik":"0001745916","company_name":"PennyMac Financial Services, Inc.","filed_at":"2024-07-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.389329+00:00","generated_at":"2026-05-31T14:26:39.447104+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"PennyMac enters into two $350M VFN repurchase agreements with Mizuho to finance Ginnie Mae MSR assets","bullets":["Each agreement has a maximum purchase price of $350M; initial term expires July 25, 2026.","One covers excess servicing spread (Series 2024-MSRVF1); the other covers servicing advance receivables (Series 2020-SPIADVF1).","PLS must maintain at least $50M outstanding with Mizuho under the servicing spread agreement, plus $50M each with ASP, GS, Nomura.","Obligations are guaranteed by PNMAC under a new Mizuho Guaranty dated July 25, 2024.","The facilities are cross-collateralized with other Mizuho financing and include margin call provisions."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-084385","json":"https://secwatch.observer/filing/0001104659-24-084385.json","markdown":"https://secwatch.observer/filing/0001104659-24-084385.md","text":"https://secwatch.observer/filing/0001104659-24-084385.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1745916/000110465924084385/0001104659-24-084385-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1745916/000110465924084385/tm2420527d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T14:26:39.447104+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}