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, Correspondent Production segments.
The Credit Sensitive Strategies segment invests in credit risk transfer (CRT) agreements and subordinate mortgage-backed securities (MBS).
The Interest Rate Sensitive Strategies segment engages in investing in mortgage servicing rights, base servicing and excess servicing spreads, and agency and senior non-agency MBS, as well as related 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 entities. 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.
| Country | United States |
| Founded | 2009 |
| IPO Date | Jul 30, 2009 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| Employees | 7 |
| CEO | David Spector |
Contact Details
Address: 3043 Townsgate Road, Suite 200 Westlake Village, California 91361 United States | |
| Phone | 818 224 7442 |
| Website | pmt.pennymac.com |
Stock Details
| Ticker Symbol | PMT |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001464423 |
| CUSIP Number | 70931T103 |
| ISIN Number | US70931T1034 |
| Employer ID | 27-0186273 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| David A. Spector | Chairman of the Board and Chief Executive Officer |
| Douglas Edward Jones | President, Chief Mortgage Banking Officer and Director |
| Daniel Stanley Perotti | Senior MD and Chief Financial Officer |
| Derek W. Stark J.D. | Senior MD, Chief Legal Officer and Secretary |
| Gregory L. Hendry | Chief Accounting Officer |
| Kevin Chamberlain | Executive Vice President of Investor Relations |
| James Follette | Senior MD and Chief Digital Officer |
| Scott Bridges | Senior Managing Director of Consumer Direct Lending Division |
| Mark E. Elbaum | Senior MD and Chief Capital Markets Officer |
| Abbie Tidmore | Senior MD and Chief Revenue Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Mar 5, 2025 | 144 | Filing |
| Feb 20, 2025 | 10-K | Annual Report |
| Feb 12, 2025 | CERT | Certification by an exchange approving securities for listing |
| Feb 11, 2025 | 8-A12B | Registration of securities |
| Feb 11, 2025 | 8-K | Current Report |
| Feb 5, 2025 | 424B5 | Filing |
| Feb 4, 2025 | 424B5 | Filing |
| Jan 30, 2025 | 8-K | Current Report |
| Dec 23, 2024 | 8-K | Current Report |
| Dec 19, 2024 | 8-K | Current Report |