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PMT PennyMac Mortgage

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  • 12.625
  • +0.005+0.04%
Trading May 7 12:03 ET
12.699High12.585Low

About PennyMac Mortgage Company

PennyMac Mortgage Investment Trust is a finance company, which invests primarily in residential mortgage loans and mortgage-related assets. It operates through the following segments: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Corporate. The Correspondent Production segment deals with purchasing, pooling, and reselling newly originated prime credit quality mortgage loans either directly or in the form of mortgage-backed securities in capital markets. The Credit Sensitive Strategies segment includes investments in distressed mortgage loans, real estate acquired in settlement of mortgage loans, real estate held for investment, credit risk transfer agreements, non-agency subordinated bonds, and small balance commercial real estate mortgage loans. The Interest Rate Sensitive Strategies segment focuses on investments in mortgage servicing rights, excess servicing spread, agency and senior non-agency mortgage-backed securities, and the related interest rate hedging activities. The Corporate segment includes management fee and corporate expense amounts and certain interest income. The company was founded by Stanford L. Kurland on May 18, 2009 and is headquartered in Westlake Village, CA.

Company Profile

SymbolPMT
Company NamePennyMac Mortgage
Listing DateJul 30, 2009
Issue Price20.00
Founded2009
CEOMr. David A. Spector
MarketNYSE
Employees7
Fiscal Year Ends12-31
Address3043 Townsgate Road
CityWestlake Village
ProvinceCalifornia
CountryUnited States of America
Zip Code91361
Phone1-818-224-7442

Company Executives

  • Name
  • Position
  • Salary
  • David A. Spector
  • Chairman of the Board and Chief Executive Officer
  • 999.99K
  • Gregory L. Hendry
  • Chief Accounting Officer
  • --
  • Abbie Tidmore
  • Senior Managing Director and Chief Revenue Officer
  • --
  • Mark E. Elbaum
  • Senior Managing Director and Chief Capital Markets Officer
  • --
  • James Follette
  • Senior Managing Director and Chief Digital Officer
  • 99.99K
  • Doug Jones
  • Trustee, President and Chief Mortgage Banking Officer
  • 599.99K
  • Derek W. Stark
  • Senior Managing Director, Chief Legal Officer and Secretary
  • 174.98K
  • Daniel Stanley Perotti
  • Senior Managing Director and Chief Financial Officer
  • 499.99K
  • Stacey D. Stewart
  • Independent Trustee
  • 231.25K
  • Setareh Pouraghabagher
  • Independent Trustee
  • 143.28K
  • Renee R. Schultz
  • Independent Trustee
  • 239.00K
  • Nancy McAllister
  • Independent Trustee
  • 240.25K
  • Donna M. Corley
  • Independent Trustee
  • 231.25K
  • Catherine A. Lynch
  • Independent Trustee
  • 234.87K
  • Scott W. Carnahan
  • Independent Trustee
  • 239.00K
  • Preston P. DuFauchard
  • Lead Independent Trustee
  • 258.25K

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