PennyMac Financial Services Inc. has released its financial results for the quarter ended June 30, 2025. The company reported total revenues of $234.7 million from net gains on mortgage loans held for sale, showing an increase from $221.0 million in the previous quarter and $176.1 million in the same period last year. Net gains on loans held for sale at fair value contributed $203.9 million to the Production segment, while loan origination fees added $59.1 million. The Servicing segment reported $150.4 million in net loan servicing fees. Management fees totaled $6.9 million, derived from managing PennyMac Mortgage Investment Trust $(PMT.AU)$. The company recorded a pretax income of $76.4 million, a rise from $54.2 million in the previous quarter and $111.9 million in the second quarter of 2024. The Corporate and Other segment experienced a pretax loss of $35.5 million, slightly higher than the $33.7 million loss in the prior quarter and up from a $12.0 million loss in the same period last year. Total expenses for the quarter were $368.3 million, reflecting an increase from $321.0 million in the previous year. PennyMac Financial's loan production activity for the quarter amounted to $37.9 billion in unpaid principal balance $(UPB)$, with $34.8 billion for its own account and $3.1 billion in fee-based fulfillment activity for PMT. Net assets under management were reported at $1.9 billion as of June 30, 2025. No guidance or outlook for future periods was provided in the report.