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PennyMac Mortgage Investment Trust (NYSE:PMT)

15.96
Delayed Data
As of Dec 02
 -0.05 / -0.31%
Today’s Change
10.91
Today|||52-Week Range
16.93
+4.59%
Year-to-Date
SECTOR
Finance
INDUSTRY
Real Estate Investment Trusts
MARKET CAP
$1.1B

Company Description

PennyMac Mortgage Investment Trust is a finance company which through its subsidiaries invests primarily in residential mortgage loans and mortgage-related assets. It operates through two segments: Correspondent Lending and Investment Activities. The Correspondent Lending segment focuses on the purchase for resale of newly originated mortgage loans. The Investment Activities segment focuses on mortgage assets that are acquired and held for investment purposes. The company's objective is to provide attractive risk-adjusted returns to its investors over the long-term, primarily through dividends and secondarily through capital appreciation. It is managed by PNMAC Capital Management LLC an investment adviser. Its primary focus is on investing in distressed residential mortgage loans. PennyMac Mortgage Investment Trust was founded on May 18, 2009 and is headquartered in Los Angeles, CA.

Contact Information

PennyMac Mortgage Investment Trust
3043 Townsgate Road
Los Angeles California 91361
P:(818) 224-7028
Investor Relations:

Employees

Shareholders

Other institutional38.89%
Mutual fund holders29.91%
Individual stakeholders2.87%

Top Executives

Stanford L. KurlandChairman & Chief Executive Officer
David A. SpectorPresident, Chief Operating Officer & Trustee
Anne D. McCallionChief Financial Officer & Senior MD
Jeffrey P. GroginSecretary, Chief Administrative & Legal Officer
Vandad FartajChief Investment Officer & Senior MD