PennyMac Mortgage Investment Trust (NYSE:PMT)

Delayed Data
As of Sep 21
 +0.17 / +0.87%
Today’s Change
Today|||52-Week Range
Real Estate Investment Trusts

Company Description

PennyMac Mortgage Investment Trust is a finance company, which invests primarily in residential mortgage loans and mortgage-related assets. It operates through following segments: Correspondent Production, Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Corporate Activities. 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

Contact Information

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



Mutual fund holders46.42%
Other institutional24.81%
Individual stakeholders2.44%

Top Executives

David A. SpectorChairman & Chief Executive Officer
Doug JonesPresident & Chief Mortgage Banking Officer
Andrew S. ChangChief Operating Officer & Senior Managing Director
Daniel Stanley PerottiChief Financial Officer & Senior Managing Director
Vandad FartajChief Investment Officer & Senior MD