PennyMac Financial Services, Inc. Files Registration Statement for Initial Public Offering

  PennyMac Financial Services, Inc. Files Registration Statement for Initial
  Public Offering

Business Wire

MOORPARK, Calif. -- February 7, 2013

PennyMac Financial Services, Inc., a newly-formed holding company affiliated
with Private National Mortgage Acceptance Company, LLC, announced today that
it has filed a registration statement on Form S-1 with the U.S. Securities and
Exchange Commission relating to a proposed initial public offering of shares
of its Class A common stock. The number of shares to be offered and the price
range for the offering have not yet been determined.

Citigroup Global Markets, Inc., Merrill Lynch, Pierce, Fenner & Smith
Incorporated, Credit Suisse Securities (USA) LLC and Goldman, Sachs & Co. will
act as joint book-running managers for the offering.

A registration statement relating to these securities has been filed with the
Securities and Exchange Commission, but has not yet become effective. These
securities may not be sold nor may offers to buy be accepted prior to the time
the registration statement becomes effective. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of these securities in any state or jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. When available,
copies of the preliminary prospectus relating to the offering may be obtained
from: Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, NY 11717 (tel: 800-831-9146), or by email:
BATProspectusdept@citi.com; BofA Merrill Lynch, Attention: Prospectus
Department, 222 Broadway, New York, NY 10038, or by email:
dg.prospectus_requests@baml.com; Credit Suisse Securities (USA) LLC,
Attention: Prospectus Department, One Madison Avenue, New York, NY 10010 (tel:
(800) 221-1037), or by e-mail: newyork.prospectus@credit-suisse.com; or
Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY
10282 (tel: 866-471-2526, fax: 212-902-9316), or by email:
prospectus-ny@ny.email.gs.com.

Contact:

PennyMac Financial Services, Inc.
Kevin Chamberlain
(818) 746-2877