PennyMac Mortgage Investment Trust (PMT)

NYSE: PMT · IEX Real-Time Price · USD
14.68
+0.16 (1.10%)
At close: Mar 28, 2024, 4:00 PM
14.71
+0.03 (0.20%)
After-hours: Mar 28, 2024, 7:26 PM EDT

Company 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.

PennyMac Mortgage Investment Trust
PennyMac Mortgage Investment Trust logo
Country United States
Founded 2009
IPO Date Jul 30, 2009
Industry REIT - Mortgage
Sector Real Estate
Employees 7
CEO David A. Spector

Contact Details

Address:
3043 Townsgate Road
Westlake Village, California 91361
United States
Phone (818) 224-7442
Website Visit Website

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
William Chang Senior MD and Chief Investment Officer
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
Pamela K. Marsh CPA MD and Treasurer

Latest SEC Filings

Date Type Title
Mar 20, 2024 8-K Current Report
Mar 11, 2024 144 Filing
Mar 4, 2024 144 Filing
Mar 1, 2024 144 Filing
Feb 22, 2024 10-K Annual Report
Feb 21, 2024 144 Filing
Feb 21, 2024 144 Filing
Feb 14, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Feb 13, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 1, 2024 8-K Current Report