Description: PennyMac Mortgage Investment Trust, through its subsidiary, primarily invests in mortgage-related assets in the United States. The company operates through: Credit Sensitive Strategies, Interest Rate Sensitive Strategies, Correspondent Production segments. Its Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements, CRT securities, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. 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, as well as related interest rate hedging activities. Its Correspondent Production segment is involved in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of MBS. The company primarily sells its loans to government-sponsored entities or PennyMac Loan Services, LLC. 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 shareholders. The company was incorporated in 2009 and is headquartered in Westlake Village, California.
Home Page: pmt.pennymac.com
3043 Townsgate Road
Westlake Village,
CA
91361
United States
Phone:
818 224 7442
Officers
Name | Title |
---|---|
Mr. David A. Spector | Chairman of the Board & CEO |
Mr. Douglas Edward Jones | President, Chief Mortgage Banking Officer & Director |
Mr. Daniel Stanley Perotti | Senior MD & CFO |
Mr. Derek W. Stark J.D. | Senior MD, Chief Legal Officer & Secretary |
Mr. Mark E. Elbaum | Chief Investment Officer |
Mr. Gregory L. Hendry | Chief Accounting Officer |
Mr. Kevin Chamberlain | Executive Vice President of Investor Relations |
Mr. James Follette | Senior MD & Chief Digital Officer |
Mr. Scott Bridges | Senior Managing Director of Consumer Direct Lending Division |
Ms. Pamela K. Marsh CPA | MD & Treasurer |
Exchange: F
Country: DE : Germany
Currency: Euro (€)
GIC Sector: | Financials |
---|---|
GIC Group: | Financial Services |
GIC Industry: | Capital Markets |
GIC Sub-Industry: | Asset Management & Custody Banks |
Forward PE: | 9.1575 |
---|---|
Trailing PE: | 9.6947 |
Price-to-Book MRQ: | 0.8241 |
Price-to-Sales TTM: | 1.3897 |
IPO Date: | |
Fiscal Year End: | December |
Full Time Employees: | 7 |