---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-130234"
form_type: "8-K"
ticker: "PFSI"
cik: "0001745916"
company_name: "PennyMac Financial Services, Inc."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:43:40.556150+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# PennyMac Financial extends management and servicing pacts with PMT through 2029; fee tiers modified

## Summary
- Base mgmt fee under 4th A&R: 1.5% of PMT equity up to $2B, 1.375% on $2-5B, 1.25% over $5B.
- Performance incentive fee payable annually; tiers: 10% on 8-12% ROE, 15% on 12-16%, 20% over 16%, with high-water mark.
- Servicing fees: $7.50/month per fixed-rate loan, $8.50 for adjustable; delinquency fees $18-$80/month.
- All agreements effective Jan 1, 2025, expire Dec 31, 2029, with auto-renewal for 18-month periods.

## SEC filing metadata
- accession: 0001104659-24-130234
- form_type: 8-K
- ticker: PFSI
- cik: 0001745916
- company_name: PennyMac Financial Services, Inc.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1745916/000110465924130234/0001104659-24-130234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1745916/000110465924130234/tm2431496d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-130234
- JSON: https://secwatch.observer/filing/0001104659-24-130234.json
- Plain text: https://secwatch.observer/filing/0001104659-24-130234.txt

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