Scott Sauer was elected as Class III Trustee at PennyMac Mortgage Investment Trust.
“On June 15, 2026, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Scott Sauer as a Class III Trustee.”
PennyMac Mortgage Investment Trust — fact timeline
Source-grounded facts extracted from PennyMac Mortgage Investment Trust's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
PennyMac Mortgage Investment Trust shareholders approved Approval, by non-binding vote, of the Company's executive compensation at the 2026-06-16 meeting.
“Proposal 3: Approval, by non-binding vote, of the Company’s executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 50,034,544 1,918,452 364,987 18,557,402”
PennyMac Mortgage Investment Trust shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026 at the 2026-06-16 meeting.
“Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2026. Votes For Votes Against Abstentions Broker Non-Votes 68,988,146 1,607,824 279,415 —”
PennyMac Mortgage Investment Trust shareholders approved Election of three Class II trustee nominees to serve on the Board of Trustees until the 2029 Annual Meeting of Shareholders at the 2026-06-16 meeting.
“Proposal 1: The election of three (3) Class II trustee nominees to serve on the Board of Trustees until the 2029 Annual Meeting of Shareholders. Trustee Votes For Votes Against Abstentions Broker Non-Votes Preston DuFauchard 40,416,570 11,760,494 140,919 18,557,402 Nancy McAllister 49,835,723 2,352,649 129,611 18,557,402 Stacey D. Stewart 37,190,340 14,990,183 137,460 18,557,402”
PennyMac Mortgage Investment Trust reported first quarter of 2026 results: revenue net investment income of $82.1 million, net income net income attributable to common shareholders of $14.2 million, EPS $0.16 per common share.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $14.2 million, or $0.16 per common share for the first quarter of 2026, on net investment income of $82.1 million.”
PennyMac Mortgage Investment Trust incurred senior notes of $75 million at 8.500% per year maturing June 1, 2029.
“On December 22, 2025, PennyMac Corp. (the “Issuer”), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (the “Company”), issued an additional $75 million aggregate principal amount of the Issuer’s 8.500% Exchangeable Senior Notes due 2029”
PennyMac Mortgage Investment Trust incurred convertible notes of $75 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A. at 8.500% maturing June 1, 2029.
“On December 15, 2025, PennyMac Corp. (the “Issuer”), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (the “Company”), issued $75 million aggregate principal amount of the Issuer’s 8.500% Exchangeable Senior Notes due 2029 (the “2029 Exchangeable Notes”) in a direct placement registered under the Securities Act of 1933, as amended, pursuant to securities purchase agreements with the respective investors named therein (the “Offering”).”
PennyMac Mortgage Investment Trust incurred senior notes of $105,000,000 aggregate principal amount of its 9.00% Senior Notes due 2030 with U.S. Bank Trust Company, National Association at 9.00% per annum maturing June 15, 2030.
“On June 10, 2025, PennyMac Mortgage Investment Trust (the “Company”) closed an underwritten public offering and sale of $105,000,000 aggregate principal amount of its 9.00% Senior Notes due 2030”
PennyMac Mortgage Investment Trust incurred senior notes of $172,500,000 with The Bank of New York Mellon Trust Company, N.A. at 9.00% per annum maturing February 15, 2030.
“On February 11, 2025, PennyMac Mortgage Investment Trust (the “Company”) closed an underwritten public offering and sale of $172,500,000 aggregate principal amount of its 9.00% Senior Notes due 2030 (the “Notes”), including $22,500,000 aggregate principal amount of Notes issued pursuant to the exercise in full by the Underwriters (as defined below) of the over-allotment option granted pursuant to the terms of the Underwriting Agreement (as defined below).”
Mark Elbaum was appointed as Chief Investment Officer at PennyMac Mortgage Investment Trust.
“On October 3, 2024, the Company announced that Mark Elbaum will assume the responsibilities of Chief Investment Officer upon Mr. Chang’s departure on an interim basis.”
William Chang departed as Senior Managing Director and Chief Investment Officer at PennyMac Mortgage Investment Trust.
“On September 27, 2024, William Chang announced that he will step down from his role as Senior Managing Director and Chief Investment Officer of Pennymac Mortgage Investment Trust (the “Company”) effective October 11, 2024.”
SiSi Pouraghabagher was elected as independent Class III Trustee at PennyMac Mortgage Investment Trust.
“On June 12, 2024, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected SiSi Pouraghabagher as an independent Class III Trustee.”
PennyMac Mortgage Investment Trust reported the first quarter of 2024 results: revenue net investment income of $74.2 million, net income net income attributable to common shareholders of $37.2 million, EPS $0.39 per common share on a diluted basis.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $37.2 million, or $0.39 per common share on a diluted basis for the first quarter of 2024, on net investment income of $74.2 million.”
PennyMac Mortgage Investment Trust incurred credit facility of $2 billion with Goldman Sachs Bank, USA maturing March 15, 2026.
“to expire on March 15, 2026, at which point the Series 2024-VF1 Note amortizes over 12 months prior to termination. The maximum principal balance of the Series 2024-VF1 Note is $2 billion and the aggregate committed amount is $375 million. The Series 2024-VF1 Note is pari passu with the other variable funding notes, term notes, and term loans previously issued as”
PennyMac Mortgage Investment Trust entered into Series 2024-VF1 Note with Goldman Sachs Bank, USA valued at $375 million (effective 2024-03-15).
“On March 15, 2024, PennyMac Mortgage Investment Trust (the “Company”), through four of its indirect, wholly owned subsidiaries, PMT ISSUER TRUST—FMSR (“Issuer Trust”), PMT CO-ISSUER TRUST I—FMSR (“Co-Issuer Trust”), PennyMac Corp. (“PMC”), and PennyMac Holdings, LLC, (“PMH”) entered into a Series 2024-VF1 Note with Goldman Sachs Bank, USA (“Goldman”), as part of the structured finance transaction that PMC uses to finance Fannie Mae mortgage servicing rights and related excess servicing spread and servicing advance receivables.”
PennyMac Mortgage Investment Trust reported Full-Year 2023 results: revenue Net investment income of $429.0 million, net income Net income attributable to common shareholders of $157.8 million, EPS $1.63.
“diluted earnings per share of $1.63 versus $(1.26) in 2022 • Dividends of $1.60 per common share • Book value per share grew from $15.78 to $16.13 • Net investment income of $429.0 million, up from $303.8 million in 2022 • Return on average common equity of 11% 2 2 Return on average common equity is calculated based on net income attributable to common shareholders”
PennyMac Mortgage Investment Trust reported the fourth quarter of 2023 results: revenue net investment income of $84.8 million, net income net income attributable to common shareholders of $42.5 million, EPS $0.44 per common share on a diluted basis.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $42.5 million, or $0.44 per common share on a diluted basis for the fourth quarter of 2023, on net investment income of $84.8 million.”
PennyMac Mortgage Investment Trust reported the third quarter of 2023 results: net income $51.0 million, or $0.51 per common share on a diluted basis, EPS $0.51 per common share.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $51.0 million, or $0.51 per common share on a diluted basis for the third quarter of 2023, on net investment income of $163.4 million.”
PennyMac Mortgage Investment Trust amended credit facility of $215 million to $370 million with Citibank, N.A. maturing May 25, 2028.
“The note balance of the Series 2023-FTL1 Loan is increased by $215 million to $370 million.”
PennyMac Mortgage Investment Trust amended amendment no. 1 and joinder with Issuer Trust, PMC, Citibank, N.A., Atlas Securitized Products, L.P. valued at note balance ... increased by $215 million to $370 million (effective 2023-08-16).
“the Company entered into (i) an amendment no. 1 and joinder (“Joinder Amendment”) to the Series 2023-FTL1 Indenture Supplement and Loan Agreement by and among Issuer Trust, as issuer, PMC, as administrator and servicer, Citibank, N.A., as indenture trustee (“Citibank”), calculation agent, paying agent and securities intermediary, Atlas Securitized Products, L.P., as administrative agent (“ASP”), and the syndicated lenders party thereto (the “Series 2023-FTL1 Loan Agreement”)”
PennyMac Mortgage Investment Trust incurred credit facility of $150,000,000 with Barclays Bank PLC at a spread above the one-month term Secured Overnight Financing Rate maturing August 9, 2025.
“The initial maximum principal amount of the Series 2023-VF1 Note is $150,000,000, which is fully committed. During the revolving term of the Series 2023-VF1 Note, PMC is required to repay the purchasers monthly for accrued interest (at a rate reflective of the current market based on a spread above the one-month term Secured Overnight Financing Rate).”
PennyMac Mortgage Investment Trust entered into Indenture with Citibank, N.A. and Barclays Bank PLC valued at $150,000,000 (effective 2023-08-10).
“On August 10, 2023, PennyMac Mortgage Investment Trust (the “Company”), through three of its indirect, wholly owned subsidiaries, PMT ISSUER TRUST - FHLMC SAF (“Issuer Trust”), PMT SAF Funding, LLC (“Depositor”) and PennyMac Corp. (“PMC”), entered into a structured finance transaction that PMC will use to finance Freddie Mac servicing advance receivables. The Company entered into (i) an Indenture by and among Issuer Trust, as issuer, PMC, as administrator and servicer, Citibank, N.A., as indenture trustee (“Citibank”), calculation agent, paying agent, custodian and securities intermediary, and Barclays Bank PLC, as administrative agent (“Barclays”), dated August 10, 2023 (“Indenture”),”
PennyMac Mortgage Investment Trust reported the fiscal quarter ended June 30, 2023 results: revenue $90.5 million, net income $14.2 million, EPS $0.16 per common share on a diluted basis.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $14.2 million, or $0.16 per common share on a diluted basis for the second quarter of 2023, on net investment income of $90.5 million.”
PennyMac Mortgage Investment Trust shareholders approved Recommendation, by non-binding vote, the frequency of our executive compensation vote. at the 2023-06-08 meeting.
“Proposal 4: Recommend, by non-binding vote, the frequency of our executive compensation vote. 1 Year 2 Year 3 Year Abstain 57,513,354 170,630 403,565 228,160”
PennyMac Mortgage Investment Trust shareholders approved Approval, by non-binding vote, of the Company’s executive compensation. at the 2023-06-08 meeting.
“Proposal 3: Approval, by non-binding vote, of the Company’s executive compensation. Votes For Votes Against Abstentions Broker Non-Votes 56,875,654 1,087,738 352,317 16,419,484”
PennyMac Mortgage Investment Trust shareholders approved Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023. at the 2023-06-08 meeting.
“Proposal 2: Ratification of the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2023. Votes For Votes Against Abstentions Broker Non-Votes 73,862,020 588,787 284,386 -”
PennyMac Mortgage Investment Trust shareholders approved Election of three Class II trustee nominees to serve on the Board until the 2026 Annual Meeting of Shareholders. at the 2023-06-08 meeting.
“Proposal 1: The election of three (3) Class II trustee nominees to serve on the Board until the 2026 Annual Meeting of Shareholders. Trustee Votes For Votes Against Abstentions Broker Non-Votes Preston DuFauchard 46,996,566 11,160,467 158,676 16,419,484 Nancy McAllister 57,394,634 770,412 150,663 16,419,484 Stacey D. Stewart 42,988,043 15,170,836 156,830 16,419,484”
PennyMac Mortgage Investment Trust amended Indenture Amendment with Issuer Trust, Citibank, N.A., PMC, and ASP (effective 2023-05-25).
“and (ii) an amendment no. 6, dated as of May 25, 2023, (the “Indenture Amendment”) to the base indenture, dated as of December 20, 2017 (the “Base Indenture”), by and among Issuer Trust, Citibank, as indenture trustee, calculation agent, paying agent and securities intermediary, PMC, as the servicer and administrator, and ASP, as administrative agent by assignment from Credit Suisse First Boston Mortgage Capital LLC.”
PennyMac Mortgage Investment Trust entered into Series 2023-FTL1 Loan Agreement with Citibank, N.A., Atlas Securitized Products, L.P., and the syndicated lenders party thereto valued at $155 million (effective 2023-05-25).
“The Company entered into (i) a Series 2023-FTL1 Indenture Supplement and Loan Agreement by and among Issuer Trust, as issuer, PMC, as administrator and servicer, Citibank, N.A., as indenture trustee (“Citibank”), calculation agent, paying agent and securities intermediary, Atlas Securitized Products, L.P., as administrative agent (“ASP”), and the syndicated lenders party thereto (the “Series 2023-FTL1 Loan Agreement”), related to the servicing spread”
PennyMac Mortgage Investment Trust reported the first quarter of 2023 results: revenue $90.4 million, net income $50.2 million, EPS $0.50 per common share on a diluted basis.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $50.2 million, or $0.50 per common share on a diluted basis for the first quarter of 2023, on net investment income of $90.4 million.”
Marianne Sullivan departed as Trustee at PennyMac Mortgage Investment Trust.
“On April 17, 2023, Marianne Sullivan notified the Company that she was stepping down from the Company’s Board effective June 1, 2023.”
Donna Corley was elected as independent Class I Trustee at PennyMac Mortgage Investment Trust.
“On April 19, 2023, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Donna Corley as an independent Class I Trustee effective as of June 1, 2023.”
Vandad Fartaj departed as Senior Managing Director and Chief Investment Officer at PennyMac Mortgage Investment Trust.
“Vandad Fartaj ceased serving as the Company’s Senior Managing Director and Chief Investment Officer on March 3, 2023.”
Doug Jones was elected as Class III Trustee at PennyMac Mortgage Investment Trust.
“On March 7, 2023, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Doug Jones, the Company’s President and Chief Mortgage Banking Officer as a non-independent Class III Trustee.”
William Chang was appointed as Senior Managing Director and Chief Investment Officer at PennyMac Mortgage Investment Trust.
“On March 9, 2023, the Company announced that William Chang has been appointed as the Company’s Senior Managing Director and Chief Investment Officer.”
Vandad Fartaj departed as Senior Managing Director and Chief Investment Officer at PennyMac Mortgage Investment Trust.
“On March 3, 2023, Vandad Fartaj ceased serving as PennyMac Mortgage Investment Trust’s (the “Company”) Senior Managing Director and Chief Investment Officer.”
PennyMac Mortgage Investment Trust reported Full-Year 2022 results: revenue $303.8 million, net income Net loss attributable to common shareholders of $115.1 million, EPS diluted earnings per common share of $(1.26).
“common shareholders of $26.0 million in 2021; diluted earnings per common share of $(1.26) versus $0.26 in 2021 • Dividends of $1.81 per common share • Net investment income of $303.8 million, down from $420.3 million in 2021 • Return on average common equity of (7.2)% 1 “PMT reported a net loss in the fourth quarter as solid performance excluding the impacts of fair”
PennyMac Mortgage Investment Trust reported the fourth quarter of 2022 results: revenue $49.4 million, net income net loss attributable to common shareholders of $5.8 million, EPS $(0.07) per common share on a diluted basis.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported a net loss attributable to common shareholders of $5.8 million, or $(0.07) per common share on a diluted basis for the fourth quarter of 2022, on net investment income of $49.4 million.”
PennyMac Mortgage Investment Trust reported third quarter of 2022 results: net income $1.5 million, or $0.01 per common share on a diluted basis.
“PennyMac Mortgage Investment Trust (NYSE: PMT) today reported net income attributable to common shareholders of $1.5 million, or $0.01 per common share on a diluted basis for the third quarter of 2022, on net investment income of $151.1 million.”
Catherine A. Lynch was elected as Trustee at PennyMac Mortgage Investment Trust.
“On March 3, 2022, the Board of Trustees (the “Board”) of PennyMac Mortgage Investment Trust (the “Company”) elected Catherine A. Lynch as an independent Class III Trustee effective as of April 1, 2022.”
Andrew S. Chang changed role as Senior Managing Director and Chief Operating Officer at PennyMac Mortgage Investment Trust.
“On November 18, 2021, PennyMac Mortgage Investment Trust (the “Company”) announced that Andrew S. Chang has decided to step down as the Company’s Senior Managing Director and Chief Operating Officer on December 31, 2021, in order to pursue other interests. Mr. Chang will assume a new position as Special Advisor to the Company’s Chairman and Chief Executive Officer.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.