$PennyMac Financial Services (PFSI.US)$ had our home mortgage with pennymac, they said loan was assumable. Tried 3 seperate times with proposed buyers, first time was 6 weeks to take them to say ‘no’. All 3 had money! PM would not say why, or why it took forever. Lost all 3 buyers. Cost us a year on the market and a lot on home value. All others said in reality PM did not want to extend the very low interest rate loan. Thank you PennyMac. WILL NEVER USE THEM AGAIN!
Recent insider selling at PennyMac Financial Services may concern investors. The absence of insider buying and significant selling suggest insiders don't see shares as a bargain. High insider ownership could mean management's interests align with shareholders.
Despite PennyMac Financial Services' strong share price momentum and improved returns, there are 3 warning signs investors should consider before investing. Notably, the rise in share price doesn't match the company's earnings per share and revenue growth.
Despite high insider ownership, selling activity over the last year suggests caution. Lack of insider buying indicates a cautious stance, possibly because insiders believe the stock is fairly valued at lower prices or due to non-financial reasons.
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had our home mortgage with pennymac, they said loan was assumable. Tried 3 seperate times with proposed buyers, first time was 6 weeks to take them to say ‘no’. All 3 had money! PM would not say why, or why it took forever. Lost all 3 buyers. Cost us a year on the market and a lot on home value. All others said in reality PM did not want to extend the very low interest rate loan.
Thank you PennyMac. WILL NEVER USE THEM AGAIN!
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