“Pennymac” Bucking the Trend

November 2013 search results for the mortgage originator & refinancer Pennymac, saw a 116% increase in searches compared to the prior month.

I was curious to see how the google search rate stacked up against other mortgage originators involved in residential mortgage lending. So I conducted a review of search volume for the last three years. The results were very surprising:

Independent view of Pennymac search volume trend:


Pennymac compared against other mortgage originators:


Search Volume for other mortgage originators:

13-12-15_cashcall_pnc_gmac_homeloan search volume
13-12-15_cashcall_pnc_gmac_homeloan search volume

On a positive note, it seems that searches for PennyMac is bucking the overall trend; Over the last 12 months it has seen its search growth increase exponentially, while it’s competitors have a deteriorated.  

Despite this it seems that there is a bit of disconnect between Pennymac’s (mortgage trust) share value versus it’s search volume/financial performance. Since January 2013 the share price has depreciated from a high of ~$29 to the current price of ~$22,  this is despite significant revenue and earnings growth.


If Pennymac can continue the momentum in both financial performance and search volume, it may be a position to hold on to.

Happy Trading!


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.