PennyMac Mortgage Investment Trust (PMT-PB) NYSE
Currency In USD
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PennyMac Mortgage Investment Trust
Address
3043 Townsgate Road, Suite 200
Westlake Village, CA 91361
United States of America (the)
Phone
818 224 7442
Website
Sector
Real Estate
Industry
REIT - Mortgage
Employees
7
First IPO Date
June 29, 2017
Key Executives
| Name | Title | Pay | Year Born |
| David A. Spector | Chairman of the Board & Chief Executive Officer | 0 | 1963 |
| Mark E. Elbaum | Senior MD & Chief Capital Markets Officer | 0 | 1963 |
| Abbie Tidmore | Senior MD & Chief Revenue Officer | 0 | 1965 |
| Douglas Edward Jones | President, Chief Mortgage Banking Officer & Director | 0 | 1957 |
| Gregory L. Hendry | Chief Accounting Officer | 0 | 1961 |
| James Follette | Senior MD & Chief Digital Officer | 0 | 1972 |
| Kevin Chamberlain | Executive Vice President of Investor Relations | 0 | N/A |
| Marshall Sebring | Senior MD & Chief Investment Officer | 0 | 1980 |
| Derek W. Stark | Senior MD, Chief Legal Officer & Secretary | 0 | 1968 |
| Scott Bridges | Senior Managing Director of Consumer Direct Lending Division | 0 | N/A |
| Daniel Stanley Perotti | Senior MD & Chief Financial Officer | 0 | 1981 |
Description
PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in residential mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, and Correspondent Production segments. The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate and credit-linked mortgage-backed securities (MBS). The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, agency and senior non-agency MBS, and collateralized mortgage obligations (CMOs), as well as interest rate hedging activities. The Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit quality loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored enterprises. It has elected to be taxed as a real estate investment trust (REIT). It is not subject to U.S. federal income tax on the REIT taxable income it distributes to its shareholders. PennyMac Mortgage Investment Trust was incorporated in 2009 and is headquartered in Westlake Village, California.
