|Mr. Stanford L. Kurland||Exec. Chairman||N/A||N/A||1953|
|Mr. David A. Spector||CEO, Pres & Trustee||N/A||N/A||1963|
|Mr. Andrew S. Chang||Chief Financial Officer and Sr. Managing Director||N/A||N/A||1977|
|Mr. Vandad Fartaj||Chief Investment Officer and Sr. Managing Director||N/A||N/A||1975|
|Mr. Jeffrey P. Grogin||Chief Admin. & Legal Officer, Sr. Managing Director and Sec.||N/A||N/A||1960|
PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company's Correspondent Production segment engages in purchasing, pooling, and reselling newly originated prime credit mortgage loans directly or in the form of mortgage-backed securities (MBS). Its Credit Sensitive Strategies segment invests in credit risk transfer agreements, distressed mortgage loans, real estate acquired in settlement of mortgage loans, non-Agency subordinated bonds, and small balance commercial real estate mortgage loans. The company's Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, excess servicing spreads, and agency and senior non-agency MBS; and the related interest rate hedging activities. PNMAC Capital Management, LLC acts as the manager of PennyMac Mortgage Investment Trust. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. PennyMac Mortgage Investment Trust was founded in 2009 and is based in Westlake Village, California.
PennyMac Mortgage Investment Trust’s ISS Governance QualityScore as of March 1, 2018 is 8. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 9; Compensation: 9.