Update: Rocket Companies, PennyMac Financial Services & Home Point
November 8, 2021 | In this Premium Service edition of The Institutional Risk Analyst, we look at the Q3 2021 earnings results for PennyMac Financial Services (PFSI), Rocket Companies (RKT) and Home Point Capital Inc. (HMPT). Suffice to say that 2021 is not a bad year by any measure, but most operators tell us that the year is getting stranger by the day. Increasingly hectic secondary market activity in loans and servicing, shrinking spreads and soaring prices are some of the highlights.
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