Housing Wire

Pennymac delivers $30M profit in Q1

California-based Pennymac Financial Services reported gains in its servicing portfolio that offset losses with its origination activity in the first quarter of 2023, allowing the company to deliver an overall profit in the period. However, Pennymac’s profitability […]

Housing Wire

Pending home sales fall 5.2% in March

For the first time since November 2022, pending home sales fell in March, posting a 5.2% month-over-month decrease, according to data released Thursday by the National Association of Realtors(NAR). The monthly drop resulted in the Pending Home Sales […]

Housing Wire

NYSE American to delist Impac’s common stock

California-based Impac Mortgage Holdings, a former mortgage lender repositioning itself as a brokerage firm, announced on Thursday that NYSE American, LLC. has started the proceedings to delist its common stock from the exchange, suspending its trading immediately. Impac does not […]