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» VISIT US ONLINE @ DSNEWS.COM 71 LENDER/SERVICER PROFILE PennyMac ONE2WATCH Source: Standard and Poor's (5/9/2013), Moody's Inverstor's Service (11/22/2013), PennyMac Financial Services, Inc. (11/6/2013) Take a look inside the numbers S T A T E S S E R V I C E D * KEY TECHNOLOGY » Servicing: LPS' Mortgage Servicing Package (MSP) » REO Management: RES.NET TOP 5 STATES SERVICED Prime » California 34.47% » Texas 6.10% » Oregon 5.45% » Colorado 5% » Utah 4.78% Subprime » Ohio 8.96% » Florida 8.3% » Colorado 6.8% » Tennessee 6.75% » California 6.34% Special » California 16.08% » Florida 12.49% » New York 6.25% » Illinois 5.24% » New Jersey 4.45% COMPANY VITALS Headquarters: Moorpark, California Phone: 866-549-3583 Online: PennyMacUSA.com PennyMac was founded in 2008 as a national mortgage lender and servicer. PennyMac provides mortgage solutions to allow the consumer to purchase and refinance. PennyMac ranks itself a top five correspondent lender, top ten originator, and a premier non-bank servicer. The company focuses on default management, loss mitigation and home retention for its distressed portfolio. Government sponsored modification plans are also offered along with other workout plans. PennyMac is an approved servicer and seller for Fannie Mae, Freddie Mac and Ginnie Mae. PennyMac services FHA and VA loans as well. COMPANY'S LATEST August 8, 2013 PennyMac Financial Services Reports First Post-IPO Period PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $48.2 million for the second quarter of 2013, on revenue of $110.8 million. Net income attributable to PFSI common stockholders reflecting the post-IPO period of May 9 through June 30 is $2.8 million, or $0.22 per diluted share. The full-quarter equivalent earnings per diluted share would have been $0.38. -Business Wire November 6, 2013 PennyMac Financial Services, Inc. Reports Third Quarter 2013 Results Recent Activity Since the End of the Quarter Two bulk MSR portfolio acquisitions totaling $21 billion in UPB, with PMT committed to investing in the excess servicing spread Acquired $10.3 billion in UPB of recently originated Fannie Mae MSRs that closed November 1st Entered into a letter of intent with a third party to acquire an $10.8 billion in UPB of legacy Ginnie Mae MSRs and expected to enter into an agreement with PMT relating to the sale of the excess servicing spread associated with this portfolio -PennyMac SERVICER RATINGS Moody's Investors Service: Primary Servicer, Prime- SQ3 >> Primary Servicer, Subprime- SQ3 >> Special Servicer- SQ3 Standard & Poor's: Residential Prime Servicer- AVERAGE >> Residential Subprime Servicer- AVERAGE >> Residential Special Servicer- AVERAGE EMPLOYEE TRAINING: » Five hours of formal new hire training and 3.5 hours of orientation » Customer service/collection employees receive an additional 120 hours of combined classroom and on-the-job instruction » Compliance training includes the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), Graham-Leach, Bliley Act (Privacy), and HOEPA (Home Ownership and Protection Act) KEY PERSONNEL Stanford Kurland Founder, Chairman, and CEO David Spector President and COO Steve Bailey Chief Servicing Officer Staffing » Servicing staff: 244 SERVICING SUMMARY Portfolio Stats » Residential servicing portfolio: $52.9B (UPB) » MSRs: $23B *As of Q3 2013 Portfolio Growth Unpaid Principal Balance (UPB) » November 2013: $52.9B » November 2012: $12.2B » Period Change: +333% Servicing Portfolio » $46.8B Prime Servicing » $6.1B Special Servicing *As of Q3 2013 Loss Mitigation Stat » Approximately 210 workouts closed each month (predominantly modifications) REO Stat » Average days in REO: 100 for subprime loans; 82 for special loan servicing VERBOSITY "PennyMac Financial is building the leading non-bank mortgage specialist company and continues to demonstrate growth in all of our underlying business drivers." -Chairman and CEO, Stanford L. Kurland California, Texas, Oregon, Colorado, Utah

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