The New York Times recently published an article critical of PennyMac.
Not unsurprisingly, as the article was passed among trade players on LinkedIn, the voice of objection grew louder and louder. Usually in these cases, some venting is enough to calm the nerves.
But not so. Because this time, the article is just plain wrong, they said.
The editors at The New York Times, in their defense, did correct some of the errors. Yet, it wasn't enough.