Shares of mortgage finance names Rocket Companies (RKT) and UWM Holdings (UWMC) are down about 5% and 4% respectively following below-consensus results from PennyMac Financial (PFSI), which is down 23.5% post-earnings.
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Read More on RKT:
- FHFA director says AP story on Fannie, Freddie MBS buy ‘simply false’
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- Mixed options sentiment in Rocket Companies with shares down 5.14%
- Option traders moderately bearish in Rocket Companies with shares down 0.81%
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