Germany · Delayed Price · Currency is EUR PennyMac Mortgage Investment Trust Company 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.
| Country | United States |
| Founded | 2009 |
| Industry | Real Estate Investment Trusts |
| Employees | 7 |
| CEO | David Spector |
Contact Details
Address: 3043 Townsgate Road Westlake Village, California 91361 United States | |
| Phone | 818 224 7442 |
| Website | pmt.pennymac.com |
Stock Details
| Ticker Symbol | 8PM |
| Exchange | Frankfurt Stock Exchange |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| David Spector | Chief Executive Officer |
| Daniel Perotti | Chief Financial Officer |
| Kevin Chamberlain | Head of Investor Relations |