David Spector - PennyMac Mortgage President COO, Trustee

8PM Stock  EUR 12.40  0.20  1.59%   

President

Mr. David A. Spector is President, Chief Executive Officer, Trustee of the Company. Mr. Spector was a member of our Board since our formation in May 2009 and was our President and Chief Executive Officer since January 2017. He served as our executive managing director, president and chief operating officer from February 2016 through December 2016 and, prior thereto, as president and chief operating officer since May 2009. He also was the president and chief executive officer of PFSI since January 2017 and, prior thereto, had been executive managing director, president and chief operating officer of PFSI since February 2016. Prior thereto, Mr. Spector had been president and chief operating officer of PFSI from February 2013 to February 2016. Mr. Spector also was the president and chief executive officer of PNMAC since January 2017 and, prior thereto, served in a variety of executive positions at PNMAC from January 2008 through December 2016. In addition, Mr. Spector was a member of the board of PFSI since its formation. Prior to joining PNMAC, Mr. Spector was cohead of global residential mortgages for Morgan Stanley, a global financial services firm, based in London. Before joining Morgan Stanley in September 2006, Mr. Spector was the senior managing director, secondary marketing, at Countrywide, where he was employed from May 1990 to August 2006 since 2017.
Age 60
Tenure 7 years
Phone818 224 7442
Webhttps://www.pennymacmortgageinvestmenttrust.com
Spector holds a BA from the University of California, Los Angeles. We believe Mr. Spector is qualified to serve on our Board because of his experience as a member of our executive management team and as an experienced executive with broad mortgage banking expertise in portfolio investments, interest rate and credit risk management, and capital markets activity that includes pricing, trading and hedging.

David Spector Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Spector against PennyMac Mortgage stock is an integral part of due diligence when investing in PennyMac Mortgage. David Spector insider activity provides valuable insight into whether PennyMac Mortgage is net buyers or sellers over its current business cycle. Note, PennyMac Mortgage insiders must abide by specific rules, including filing SEC forms every time they buy or sell PennyMac Mortgage'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

PennyMac Mortgage Management Efficiency

PennyMac Mortgage's management efficiency ratios could be used to measure how well PennyMac Mortgage manages its routine affairs as well as how well it operates its assets and liabilities.
PennyMac Mortgage Investment has accumulated 4.77 B in total debt with debt to equity ratio (D/E) of 328.9, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. PennyMac Mortgage has a current ratio of 9.41, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist PennyMac Mortgage until it has trouble settling it off, either with new capital or with free cash flow. So, PennyMac Mortgage's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PennyMac Mortgage sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PennyMac to invest in growth at high rates of return. When we think about PennyMac Mortgage's use of debt, we should always consider it together with cash and equity.

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PennyMac Mortgage Investment Trust, a specialty finance company, invests primarily in residential mortgage loans and mortgage-related assets in the United States. The company was founded in 2009 and is based in Westlake Village, California. PENNYMAC MRTGE operates under REIT - Diversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3 people. PennyMac Mortgage Investment (8PM) is traded on Frankfurt Exchange in Germany and employs 23 people.

Management Performance

PennyMac Mortgage Leadership Team

Elected by the shareholders, the PennyMac Mortgage's board of directors comprises two types of representatives: PennyMac Mortgage inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PennyMac. The board's role is to monitor PennyMac Mortgage's management team and ensure that shareholders' interests are well served. PennyMac Mortgage's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PennyMac Mortgage's outside directors are responsible for providing unbiased perspectives on the board's policies.
Daniel Perotti, Chief Asset and Liability Management Officer
Vandad Fartaj, Chief Investment Officer
Steven Bailey, MD Officer
Anne McCallion, MD Officer
Kevin Chamberlain, Ex Relations
David Spector, President COO, Trustee
Jeffrey Grogin, Chief Administrative and Legal Officer, Secretary
Gregory Hendry, Chief Officer
Derek JD, Chief MD
Douglas Jones, Chief Correspondent Lending Officer

PennyMac Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PennyMac Mortgage a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in PennyMac Stock

When determining whether PennyMac Mortgage is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if PennyMac Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Pennymac Mortgage Investment Stock. Highlighted below are key reports to facilitate an investment decision about Pennymac Mortgage Investment Stock:
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Please note, there is a significant difference between PennyMac Mortgage's value and its price as these two are different measures arrived at by different means. Investors typically determine if PennyMac Mortgage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PennyMac Mortgage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.