PennyMac Financial Services, Inc. — fact timeline

Tiffany To was elected as Director at PennyMac Financial Services, Inc..

“On June 5, 2026, the Board of Directors (the “Board”) of PennyMac Financial Services, Inc. (the “Company”) elected Tiffany To as a member of the Board.”

PennyMac Financial Services, Inc. shareholders approved Approval, by non-binding vote, of the Company's executive compensation. at the 2026-06-03 meeting.

“Proposal 3: Approval, by non-binding vote, of the Company’s executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 41,064,673 1,453,740 229,612 4,799,772”

PennyMac Financial Services, Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026. at the 2026-06-03 meeting.

“Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026. Votes For Votes Against Abstentions Broker Non-Votes 47,183,413 284,212 80,172 0”

PennyMac Financial Services, Inc. shareholders approved Election of ten (10) director nominees to serve on the Board, each for a one-year term expiring at the 2027 Annual Meeting of Stockholders. at the 2026-06-03 meeting.

“Proposal 1: The election of ten (10) director nominees to serve on the Board, each for a one-year term expiring at the 2027 Annual Meeting of Stockholders. Director Votes For Votes Against Abstentions Broker Non-Votes David A. Spector 42,462,444 206,197 79,384 4,799,772 Doug Jones 42,438,823 230,534 78,668 4,799,772 Sunil Chandra 42,549,151 117,584 81,290 4,799,772 Jonathon S. Jacobson 41,821,686 847,759 78,580 4,799,772 Patrick Kinsella 42,521,407 147,577 79,041 4,799,772 Anne D. McCallion 42,579,466 84,803 83,756 4,799,772 Farhad Nanji 42,403,072 227,802 117,151 4,799,772 Jeffrey A. Perlowitz 42,602,569 66,388 79,068 4,799,772 Lisa M. Shalett 41,744,791 641,606 361,628 4,799,772 Theodore W. Tozer 42,602,365 66,791 78,869 4,799,772”

PennyMac Financial Services, Inc. reported financial results for the fiscal quarter ended March 31, 2026.

“Item 2.02 Results of Operations and Financial Condition. On May 5, 2026, PennyMac Financial Services, Inc. (the "Company") issued a press release and a slide presentation announcing its financial results for the fiscal quarter ended March 31, 2026.”

PennyMac Financial Services, Inc.: Amended bylaws to update company name references, remove terminated stockholder agreement and update references to current stockholder agreement in Article I, Section 12(a)(1), and clarify existing majority voting standard for uncontested director elections in Article II, Section 1 (effective 2026-03-16).

“On March 16, 2026 , the board of directors (“Board”) of PennyMac Financial Services, Inc. (the “Company”) approved an amendment and restatement of the Company’s Amended and Restated Bylaws (the “Bylaws”), effective as of such date, to (i) update references to the Company’s name, (ii) remove references to a previously terminated stockholder agreement and update references to a current stockholder agreement in Article I, Section 12(a)(1) and (iii) clarify the existing majority voting standard for uncontested director elections in Article II, Section 1.”

PennyMac Financial Services, Inc. incurred senior notes of $650,000,000 aggregate principal amount with initial purchasers at 6.750% per year maturing February 15, 2034.

“On August 12, 2025 (the "Closing Date"), PennyMac Financial Services, Inc. (the "Issuer" and, together with its subsidiaries, the "Company") closed the previously announced offering (the "Offering") of $650,000,000 aggregate principal amount of the Issuer's 6.750% Senior Notes due 2034 (the "Notes").”

PennyMac Financial Services, Inc. incurred senior notes of $850,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.875% per year maturing May 15, 2032.

““Closing Date”), PennyMac Financial Services, Inc. (the “Issuer” and, together with its subsidiaries, the “Company”) closed the previously announced offering (the “Offering”) of $850,000,000 aggregate principal amount of the Issuer’s 6.875% Senior Notes due 2032 (the “Notes”). The Issuer sold the Notes to the initial purchasers in the Offering, which was exempt”

PennyMac Financial Services, Inc. incurred senior notes of $850,000,000 aggregate principal amount with U.S. Bank Trust Company, National Association at 6.875% per year maturing February 15, 2033.

“On February 6, 2025 (the “Closing Date”), PennyMac Financial Services, Inc. (the “Issuer” and, together with its subsidiaries, the “Company”) closed the previously announced offering (the “Offering”) of $850,000,000 aggregate principal amount of the Issuer’s 6.875% Senior Notes due 2033 (the “Notes”).”

PennyMac Financial Services, Inc.: Decreased maximum number of directors from thirteen to eleven (effective 2024-12-31).

“On December 31, 2024 , the Board amended Article II, Section 1 of the Company’s Amended and Restated Bylaws (the “Third Amendment”) in connection with the retirement of James K. Hunt and Emily Youssouf to decrease the maximum number of directors to serve on the Board from thirteen to eleven.”

Mark Elbaum was appointed as Chief Capital Markets Officer at PennyMac Financial Services, Inc..

“On October 3, 2024, the Company announced that Mark Elbaum, Managing Director, Strategic Initiatives, will assume the responsibilities of Chief Capital Markets Officer upon Mr. Chang's departure on an interim basis.”

William Chang departed as Senior Managing Director and Chief Capital Markets Officer at PennyMac Financial Services, Inc..

“On September 27, 2024, William Chang announced that he will step down from his role as Senior Managing Director and Chief Capital Markets Officer of PennyMac Financial Services, Inc. (the “Company”) effective October 11, 2024.”

Emily Youssouf departed as director at PennyMac Financial Services, Inc..

“James K. Hunt and Emily Youssouf each notified the Company that they plan to retire from the Board effective December 31, 2024.”

James K. Hunt departed as director at PennyMac Financial Services, Inc..

“James K. Hunt and Emily Youssouf each notified the Company that they plan to retire from the Board effective December 31, 2024.”

Sunil Chandra was elected as director at PennyMac Financial Services, Inc..

“elected Sunil Chandra to the Board, effective on September 4, 2024.”

PennyMac Financial Services, Inc. reported first quarter of 2024 results: revenue $305.7 million, net income $39.3 million, EPS $0.74 per share on a diluted basis.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $39.3 million for the first quarter of 2024, or $0.74 per share on a diluted basis, on revenue of $305.7 million.”

PennyMac Financial Services, Inc. entered into Series 2024-GT1 indenture supplement with qualified institutional buyers valued at $425 million (effective 2024-02-29).

“On February 29, 2024, PennyMac Financial Services, Inc. (the “Company”), through its indirect subsidiary, PNMAC GMSR ISSUER TRUST (the “Issuer Trust”), issued an aggregate principal amount of $425 million in secured term notes (the “2024-GT1 Notes”) to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”).”

PennyMac Financial Services, Inc. reported fourth quarter of 2023 results: revenue $361.9 million, net income net loss of $36.8 million, EPS $(0.74) per share on a diluted basis.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported a net loss of $36.8 million for the fourth quarter of 2023, or $(0.74) per share on a diluted basis, on revenue of $361.9 million.”

PennyMac Financial Services, Inc. incurred senior notes of $750,000,000 aggregate principal amount with initial purchasers at 7.875% per year maturing December 15, 2029.

“On December 11, 2023 (the "Closing Date"), PennyMac Financial Services, Inc. (the "Issuer" and, together with its subsidiaries, the "Company") closed the previously announced offering (the "Offering") of $750,000,000 aggregate principal amount of the Issuer's 7.875% Senior Notes due 2029 (the "Notes").”

PennyMac Financial Services, Inc. entered into Indenture with U.S. Bank Trust Company, National Association, as trustee valued at $750,000,000 (effective 2023-12-11).

“The Notes were issued pursuant to the Indenture, dated as of December 11, 2023 (the "Indenture"), among the Issuer, the guarantors party thereto, and U.S. Bank Trust Company, National Association, as trustee.”

PennyMac Financial Services, Inc. reported financial results for the fiscal quarter ended September 30, 2023.

“On October 26, 2023, the Company issued a press release and a slide presentation announcing its financial results for the fiscal quarter ended September 30, 2023.”

PennyMac Financial Services, Inc. incurred term loan of $125 million with Atlas Securitized Products, L.P. at a rate reflective of the current market based on a spread above the Secured Over maturing October 25, 2028.

“y and among Issuer Trust, as issuer, PLS, as administrator and servicer, Atlas Securitized Products, L.P., as administrative agent (“Atlas”), and the syndicated lenders party thereto (the “Series 2023-GTL2 Loan Agreement”), related to the servicing spread.”

PennyMac Financial Services, Inc. entered into Guaranty by Private National Mortgage Acceptance Company, LLC with Nomura Corporate Funding Americas, LLC valued at See agreement (effective 2023-08-04).

“The obligations of PLS under the Nomura Servicing Spread Agreement and the Nomura SAR Agreement are guaranteed in full by PNMAC under the Guaranty by Private National Mortgage Acceptance Company, LLC, as guarantor, dated as of August 4, 2023 (“Nomura Guaranty”).”

PennyMac Financial Services, Inc. entered into Series 2020-SPIADVF1 Master Repurchase Agreement with Nomura Corporate Funding Americas, LLC valued at $350,000,000 (effective 2023-08-04).

“The Company entered into (i) a Series 2023-MSRVF2 Master Repurchase Agreement by and among PLS, as seller, Nomura Corporate Funding Americas, LLC, as administrative agent and as a buyer (“Nomura”) (the “Nomura Servicing Spread Agreement”), related to the servicing spread, and (ii) a Series 2020-SPIADVF1 Master Repurchase Agreement by and among PLS, as seller, and Nomura, as administrative agent and buyer (the “Nomura SAR Agreement”), related to the servicing advance receivables.”

PennyMac Financial Services, Inc. entered into Series 2023-MSRVF2 Master Repurchase Agreement with Nomura Corporate Funding Americas, LLC valued at $350,000,000 (effective 2023-08-04).

“On August 4, 2023, PennyMac Financial Services, Inc. (the “Company”), through two of its indirect, wholly owned subsidiaries, PNMAC GMSR ISSUER TRUST (“Issuer Trust”) and PennyMac Loan Services, LLC (“PLS”), entered into two new variable funding note (“VFN”) repurchase agreements, as part of the structured finance transaction that PLS uses to finance Ginnie Mae mortgage servicing rights and related excess servicing spread and servicing advance receivables.”

PennyMac Financial Services, Inc. reported second quarter of 2023 results: revenue $336.5 million, net income $58.3 million, EPS $1.11 per share on a diluted basis.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $58.3 million for the second quarter of 2023, or $1.11 per share on a diluted basis, on revenue of $336.5 million.”

PennyMac Financial Services, Inc. shareholders approved Recommend, by non-binding vote, the frequency of our executive compensation vote. at the 2023-06-13 meeting.

“Proposal 4: Recommend, by non-binding vote, the frequency of our executive compensation vote. 1 Year 2 Year 3 Year Abstain 40,545,126 5,761 1,840,449 2,799”

PennyMac Financial Services, Inc. shareholders approved Approval, by non-binding vote, of the Company's executive compensation. at the 2023-06-13 meeting.

“Proposal 3: Approval, by non-binding vote, of the Company’s executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 35,013,618 7,365,902 14,615 4,392,670”

PennyMac Financial Services, Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023. at the 2023-06-13 meeting.

“Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023. Votes For Votes Against Abstentions Broker Non-Votes 46,672,555 105,362 8,888 0”

PennyMac Financial Services, Inc. shareholders approved Election of twelve (12) director nominees to serve on the Board of Directors, each for a one-year term expiring at the 2024 Annual Meeting of Stockholders. at the 2023-06-13 meeting.

“Proposal 1: The election of twelve (12) director nominees to serve on the Board, each for a one-year term expiring at the 2024 Annual Meeting of Stockholders. Trustee Votes For Votes Against Abstentions Broker Non-Votes David A. Spector 41,980,883 410,478 2,774 4,392,670 James K. Hunt 40,795,669 1,593,811 4,655 4,392,670 Jonathon S. Jacobson 42,048,362 341,124 4,649 4,392,670 Doug Jones 42,212,263 179,092 2,780 4,392,670 Patrick Kinsella 42,153,362 236,179 4,594 4,392,670 Anne D. McCallion 42,206,132 185,221 2,782 4,392,670 Joseph Mazzella 42,027,221 362,263 4,651 4,392,670 Farhad Nanji 41,955,623 433,865 4,647 4,392,670 Jeffrey A. Perlowitz 42,146,714 242,810 4,611 4,392,670 Lisa M. Shalett 42,056,626 332,840 4,669 4,392,670 Theodore W. Tozer 42,230,966 158,562 4,607 4,392,670 Emily Youssouf 42,230,832 158,485 4,818 4,392,670”

PennyMac Financial Services, Inc. reported financial results for the fiscal quarter ended March 31, 2023.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $30.4 million for the first quarter of 2023, or $0.57 per share on a diluted basis, on revenue of $302.9 million.”

Vandad Fartaj departed as Senior Managing Director and Chief Investment Officer at PennyMac Financial Services, Inc..

“Vandad Fartaj ceased serving as the Company’s Senior Managing Director and Chief Investment Officer on March 3, 2023.”

PennyMac Financial Services, Inc. entered into a credit facility with Atlas Securitized Products, L.P., Atlas Securitized Products Investments 3, L.P., Atlas Securitized Products Funding 2, L.P., and Nexera Holding LLC (effective 2023-03-16).

“On March 16, 2023, PennyMac Financial Services, Inc. (the "Company"), through its direct, wholly-owned subsidiary, Private National Mortgage Acceptance Company, LLC (“PNMAC”) and two of its indirect, wholly-owned subsidiaries, PNMAC GMSR ISSUER TRUST (“Issuer Trust”) and PennyMac Loan Services, LLC (“PLS"), consented to assignments of all of the credit facilities provided to the Company by Credit Suisse First Boston Mortgage Capital LLC, as administrative agent (“CSFB") and Credit Suisse AG, Cayman Islands Branch, as a buyer or purchaser (“CSCIB”), and Alpine Securitization LTD, as a buyer or purchaser (“Alpine").”

William Chang was appointed as Senior Managing Director and Chief Capital Markets Officer at PennyMac Financial Services, Inc..

“On March 9, 2023, the Company announced that William Chang has been appointed as the Company’s Senior Managing Director and Chief Capital Markets Officer.”

Vandad Fartaj departed as Senior Managing Director and Chief Investment Officer at PennyMac Financial Services, Inc..

“On March 3, 2023, Vandad Fartaj ceased serving as PennyMac Financial Services, Inc.’s (the “Company”) Senior Managing Director and Chief Investment Officer.”

PennyMac Financial Services, Inc. incurred term loan of $680 million with Credit Suisse First Boston Mortgage Capital LLC at a spread above the Secured Overnight Financing Rate maturing February 28, 2028.

“Bank USA, as administrative agent and buyer, and PNMAC, as a guarantor (the “GS Servicing Spread Agreement”). The initial note balance of the Series 2023-GTL1 Loan is $680 million. During the term of the loan, PLS is required to repay the syndicated lenders monthly for accrued interest (at a rate reflective of the current market based on a spread above the”

PennyMac Financial Services, Inc. amended Second Amended and Restated Stockholder Agreement with HC Partners LLC (effective 2023-03-01).

“On March 1, 2023, the Company and HC Partners LLC entered into the Second Amended and Restated Stockholder Agreement to increase the maximum number of directors under the agreement.”

PennyMac Financial Services, Inc. entered into Series 2023-GTL1 Loan Agreement with Credit Suisse First Boston Mortgage Capital LLC, as administrative agent, and the syndicated lenders party thereto valued at $680 million (effective 2023-02-28).

“The Company entered into a Series 2023-GTL1 Indenture Supplement and Loan Agreement by and among Issuer Trust, as issuer, PLS, as administrator and servicer, Credit Suisse First Boston Mortgage Capital LLC, as administrative agent (“CS”), and the syndicated lenders party thereto (the “Series 2023-GTL1 Loan Agreement”), related to the servicing spread.”

Doug Jones was elected as Director at PennyMac Financial Services, Inc..

“On March 1, 2023, the Board of Directors (the “Board”) of the Company elected Doug Jones, the Company’s President and Chief Mortgage Banking Officer, as a director.”

PennyMac Financial Services, Inc. incurred credit facility of $300 million with Goldman Sachs Bank USA at a rate reflective of the current market based on a spread above the Secured Over maturing May 31, 2024.

“epurchase Agreement by and among PLS, as seller, Goldman Sachs Bank USA, as administrative agent and as a buyer (“GS”), and PNMAC, as a guarantor (the “GS Servicing Spread Agreement”), related to the excess servicing spread, and (ii) a”

PennyMac Financial Services, Inc. amended Amendment No. 3 to the Third Amended and Restated Base Indenture with Issuer Trust, Citibank, PLS, CSFB, GS (effective 2023-02-07).

“(ii) Amendment No. 3, dated February 7, 2023, to the Third Amended and Restated Base Indenture, dated as of April 1, 2020, by and among Issuer Trust, Citibank, as Indenture Trustee, PLS, CSFB, as an administrative agent, and consented and agreed to by GS (“Amendment No. 3”)”

PennyMac Financial Services, Inc. amended Omnibus Amendment No. 2 to the 2016-MSRVF1 Amended and Restated Repurchase Agreement and Amendment No. 3 to the Series 2020-SPIADVF1 Repurchase Agreement with CSFB, CSCIB, Citibank, PLS (effective 2023-02-07).

“The Company also entered into (i) an Omnibus Amendment No. 2 to the 2016-MSRVF1 Amended and Restated Repurchase Agreement and Amendment No. 3 to the Series 2020-SPIADVF1 Repurchase Agreement, dated as of February 7, 2023, by and among CSFB, CSCIB, Citibank, and PLS and acknowledged by PNMAC, as guarantor (“Omnibus Amendment”)”

PennyMac Financial Services, Inc. entered into GS SAR Agreement with Goldman Sachs Bank USA valued at $300 million (effective 2023-02-07).

“On February 7, 2023, PennyMac Financial Services, Inc. (the “Company”), through two of its indirect, wholly owned subsidiaries, PNMAC GMSR ISSUER TRUST (“Issuer Trust”) and PennyMac Loan Services, LLC (“PLS”), and its direct wholly owned subsidiary, Private National Mortgage Acceptance Company, LLC (“PNMAC”), entered into two new variable funding note (“VFN”) repurchase agreements”

PennyMac Financial Services, Inc. entered into GS Servicing Spread Agreement with Goldman Sachs Bank USA valued at $300 million (effective 2023-02-07).

“On February 7, 2023, PennyMac Financial Services, Inc. (the “Company”), through two of its indirect, wholly owned subsidiaries, PNMAC GMSR ISSUER TRUST (“Issuer Trust”) and PennyMac Loan Services, LLC (“PLS”), and its direct wholly owned subsidiary, Private National Mortgage Acceptance Company, LLC (“PNMAC”), entered into two new variable funding note (“VFN”) repurchase agreements”

PennyMac Financial Services, Inc. reported the fiscal year ended December 31, 2022 results: revenue $2.0 billion, net income $475.5 million.

“Net income of $475.5 million, down from $1.0 billion in 2021; return on equity of 14 percent · Pretax income of $665.2 million, down from $1.4 billion in 2021 · Total net revenue of $2.0 billion, down from $3.2 billion in 2021”

PennyMac Financial Services, Inc. reported the fourth quarter of 2022 results: revenue $340.4 million, net income $37.6 million, EPS $0.71 per share on a diluted basis.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $37.6 million for the fourth quarter of 2022, or $0.71 per share on a diluted basis, on revenue of $340.4 million.”

PennyMac Financial Services, Inc. reported the fiscal quarter ended September 30, 2022 results: revenue $476.3 million, net income $135.1 million, EPS $2.46 per share on a diluted basis.

“PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $135.1 million for the third quarter of 2022, or $2.46 per share on a diluted basis, on revenue of $476.3 million.”

Andrew S. Chang changed role as Senior Managing Director and Chief Operating Officer at PennyMac Financial Services, Inc..

“On November 18, 2021, PennyMac Financial Services, Inc. (the “Company”) announced that Andrew S. Chang has decided to step down as the Company’s Senior Managing Director and Chief Operating Officer on December 31, 2021, in order to pursue other interests.”