Net income rose to $20 million ($0.23/share) on $73 million net investment income, with a 6% ROE. Strategic MSR sales and increased private label securitizations are expected to enhance long-term returns. Total assets grew 49% year-over-year to $25.1 billion.Original document: PennyMac Mortgage Inv…
Net income rose to $20 million ($0.23/share) on $73 million net investment income, with a 6% ROE. Strategic MSR sales and increased private label securitizations are expected to enhance long-term returns. Total assets grew 49% year-over-year to $25.1 billion.
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