PennyMac Financial Services Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
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Item 2. Properties
As of December 31, 2024, we have approximately 15 leased facilities in various locations throughout the United States. Our principal executive offices are located at 3043 & 3059 Townsgate Road, Westlake Village, California 91361 and total approximately 66,000 of leased square feet. Our business segment operations and support offices are primarily in the following locations in the United States:
| ● | Our production segment is primarily located in California, Texas, Florida, Arizona, Missouri and North Carolina. |
| ● | Our servicing segment is primarily located in California, Texas and Nevada. |
| ● | Our corporate operations are primarily located in California and Texas. |
We believe that our current facilities are sufficient for the operation of our business. We periodically review our space requirements and we look to expand into new facilities if necessary or consolidate and exit facilities we no longer need, as and when appropriate.
The financial commitments of our leases are disclosed in Note 13—Leases to our consolidated financial statements included in Item 8 of this Report.
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