PennyMac Financial Services Inc at Barclays Global Financials New York Conference (Virtual) Transcript

Sep 15, 2020 / 01:45PM GMT
Mark C. DeVries - Barclays Bank PLC, Research Division - Director & Senior Research Analyst

Hello. Good morning and thank you for joining us. I am Barclaysâ consumer finance analyst, Mark DeVries. And I'm pleased to be joined by PennyMac Financial Services CEO, David Spector; and the CFO, Andy Chang. They have some prepared comments to deliver, which will be followed, time permitting, by some polling of the audience and Q&A for management.

If you'd like to ask a question, you should have an option to enter it on the upper left hand side of your screen or you can try to e-mail it directly to me, and we will do our best to address your question in the time we have today.

Before we start off with the prepared remarks, I'd like to lead off with a question for the audience. To participate, please click through to the polls on the left side of your screen. After you respond, you should be able to toggle back to the video of the discussion.

Turning to that first question, what do you view as the biggest catalyst for PFSI over the next year? Better-than-expected origination

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