Fitch Ratings assigned the notes a BBB- rating, indicating a stable credit position and no significant impact on Rocket's leverage profile from recent acquisitions.
PennyMac to issue $650M in "solid" debt market for mortgage firms
PennyMac's offering aims to redeem its 5.375% senior notes due 2025, utilizing proceeds for corporate purposes amid an ongoing active debt market for mortgage firms.
PennyMac's profits shrink, but its servicing portfolio hits $680 billion
PennyMac demonstrated robust returns in Q1 2025, managing almost $30 billion in loans while anticipating growth in its consumer direct division with declining rates.
