Pennymac is taking a larger bite out of wholesale competition
Pennymac
Financial
Services
is
coming
off
smaller
profits
but
eying
a
larger
play
in
the
wholesale
space.
The
massive
lender
and
servicer
Tuesday
afternoon
reported
a
net
profit
of
$69
million
in
the
third
quarter.
That
was
a
drop-off…
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