PennyMac Posts Record Earnings, Poised for Stellar Growth in Correspondent

PennyMac Mortgage Investment Trust reported record earnings of $16.6 million in the second quarter, and told investors that its correspondent mortgage purchases doubled in the second quarter to just over $50 million.

Article source: http://www.nationalmortgagenews.com/dailybriefing/2010_403/pennymac-posts-record-earnings-1025992-1.html

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