Cooperman Buys 22% Of PennyMac, Paulson & Bass Add Dex Media

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. Omega Advisors’ Shares In PennyMac PennyMac started trading publicly on May 10 and is since up 12.6 percent. Omega Advisors’ total ownership in PennyMac is 2,759,600 shares, most of which was bought in its…