Cooperman Buys 22% Of PennyMac, Paulson & Bass Add Dex MediaVW Staff
Leon Cooperman's Omega Advisors has taken a stake in the recently made-public PennyMac Financial Services Inc (NYSE:PFSI). According to a 13D, Cooperman has an active stake of 21.6 percent in the mortgage company. In response to Cooperman's disclosure, PennyMac rose over 9 percent. PennyMac Financial Services Inc (NYSE:PFSI) was founded by Countrywide Financial Corp's former President, Stanford L. Kurland in 2008. The company provides financial services in the mortgage platform.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible