Bleichmar Fonti & Auld LLP is investigating PennyMac Financial Services, Inc. for potential federal securities law violations.
The probe focuses on whether PennyMac misrepresented its mortgage refinancing retention rates, known as "recapture." Investigators are examining company statements regarding improvements to these rates.
The investigation follows PennyMac's fourth-quarter 2025 financial results, reported on January 29, 2026.
Following the report, PennyMac's stock price declined by over 37%.
The law firm is now seeking information from affected investors.