secwatch.observer — SEC 8-K summary
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Issuer:     PennyMac Financial Services, Inc. (PFSI)
CIK:        0001745916
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001104659-24-113203
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PennyMac enters $225M MSR financing facility with Goldman Sachs
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- Maximum purchase price of $225 million under Series 2024-MSRVF1 master repurchase agreement with Goldman Sachs Bank USA.
- Facility finances Fannie Mae mortgage servicing rights, excess servicing spread, and servicing advance receivables.
- Initial term expires October 28, 2026 with outstanding purchase price amortized over 12 months thereafter.
- Obligations guaranteed by Private National Mortgage Acceptance Company (PNMAC) and cross-collateralized with other PLS-Goldman facilities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745916/000110465924113203/0001104659-24-113203-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745916/000110465924113203/tm2427171d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-113203

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