PennyMac Mortgage Investment Trust (PMT) 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
July 30, 2009
Key Executives
| Name | Title | Pay | Year Born |
| David A. Spector | Chairman of the Board & Chief Executive Officer | 0 | 1963 |
| Daniel Stanley Perotti | Senior MD & Chief Financial Officer | 0 | 1981 |
| Derek W. Stark | Senior MD, Chief Legal Officer & Secretary | 0 | 1968 |
| James Follette | Senior MD & Chief Digital Officer | 0 | 1972 |
| Mark E. Elbaum | Senior MD & Chief Capital Markets Officer | 0 | 1963 |
| Marshall Sebring | Senior MD & Chief Investment Officer | 0 | 1980 |
| Scott Bridges | Senior Managing Director of Consumer Direct Lending Division | 0 | N/A |
| 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 |
| Kevin Chamberlain | Executive Vice President of Investor Relations | 0 | N/A |
Description
PennyMac Mortgage Investment Trust (PMT) functions as a specialized financial firm, concentrating its investments primarily on mortgage-related assets within the United States. The company operates through several key divisions: Its Credit Sensitive Strategies segment channels capital into various instruments, including credit risk transfer (CRT) agreements and securities, distressed loans, real estate holdings, and non-agency subordinated bonds. The Interest Rate Sensitive Strategies segment focuses on investments such as mortgage servicing rights, excess servicing spreads, and both agency and senior non-agency mortgage-backed securities (MBS), while also undertaking related interest rate hedging activities. Through its Correspondent Production segment, PMT engages in the acquisition, pooling, and subsequent resale of newly originated prime credit residential loans, either directly or packaged as MBS. The trust is externally managed by PNMAC Capital Management, LLC. For federal income tax purposes, PennyMac Mortgage Investment Trust qualifies as a real estate investment trust (REIT). This status generally allows it to avoid federal corporate income taxes, provided it distributes at least 90% of its taxable income to its shareholders. PMT was founded in 2009 and has its headquarters situated in Westlake Village, California.
