David Spector
Chief Executive Officer at PENNYMAC MORTGAGE INVESTMENT TRUST
Net worth: 86 M $ as of 2024-03-30
Profile
David A.
Spector is currently the Chief Executive Officer at PNMAC Capital Management LLC.
He is also the President & Chief Executive Officer at Private National Mortgage Acceptance Co. LLC since 2017.
Additionally, he holds the position of Chairman-Trustees Board & CEO at PennyMac Mortgage Investment Trust since 2021.
Furthermore, he serves as the Chairman & Chief Executive Officer at PNMAC Holdings, Inc. and Chief Executive Officer at PennyMac Loan Services LLC and PennyMac Corp.
Moreover, he is the Chairman & Chief Executive Officer at PennyMac Financial Services, Inc. since 2021.
Mr. Spector is also a Director at PNMAC Opportunity Fund Associates LLC, PNMAC Finance Corp., PennyMac Loan Services, Inc., Copper Securities Holding LLC, PMT NPL Financing LLC, PMT Funding LLC, and PennyMac GP OP, Inc. In his former positions, Mr. Spector served as the Chairman of PNMAC Mortgage Opportunity Fund LLC and PNMAC Mortgage Opportunity Fund LP.
He was also a Senior Managing Director-Secondary Marketing at Countrywide Financial Corp.
from 1990 to 2006.
Additionally, he was a Member at Federal National Mortgage Association and Co-Head Of Global Residential Mortgages at Morgan Stanley from 2006 to 2013.
Mr. Spector completed his undergraduate degree from the University of California, Los Angeles in 1985.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2024-04-08 | 895,216 ( 1.78% ) | 82 M $ | 2024-03-30 | |
| 2024-03-11 | 303,138 ( 0.35% ) | 4 M $ | 2024-03-30 |
David Spector active positions
| Companies | Position | Start |
|---|---|---|
| PENNYMAC MORTGAGE INVESTMENT TRUST | Chief Executive Officer | 2016-12-31 |
| PENNYMAC FINANCIAL SERVICES, INC. | Chief Executive Officer | 2016-12-31 |
PennyMac GP OP, Inc.
 PennyMac GP OP, Inc. Real Estate DevelopmentFinance Part of PennyMac Mortgage Investment Trust, PennyMac GP OP, Inc. provides real estate services. The private company is based in Delaware, CA. | Director/Board Member | - |
PMT Funding LLC
 PMT Funding LLC Financial ConglomeratesFinance Part of PennyMac Mortgage Investment Trust, PMT Funding LLC is a private company that provides investment services. The company is based in New York, NY. | Director/Board Member | - |
| PNMAC Finance Corp. | Director/Board Member | - |
PMT NPL Financing LLC
 PMT NPL Financing LLC Financial ConglomeratesFinance Part of PennyMac Mortgage Investment Trust, PMT NPL Financing LLC is a private company that provides financial services. The company is based in Westlake Village, CA. | Director/Board Member | - |
| PennyMac Loan Services, Inc. | Director/Board Member | - |
PennyMac Corp.
 PennyMac Corp. Finance/Rental/LeasingFinance PennyMac Corp. purchases closed Jumbo conventional agency and government-backed residential mortgage loans. The company is headquartered in Westlake Village, CA. | Chief Executive Officer | - |
Copper Securities Holding LLC
 Copper Securities Holding LLC Financial ConglomeratesFinance Part of PennyMac Mortgage Investment Trust, Copper Securities Holding LLC provides financial services. The private company is based in Moorpark, CA. | Director/Board Member | - |
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Former positions of David Spector
| Companies | Position | End |
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Training of David Spector
| University of California, Los Angeles | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 4 |
|---|---|
| FEDERAL NATIONAL MORTGAGE ASSOCIATION | Finance |
| MORGAN STANLEY | Finance |
| PENNYMAC MORTGAGE INVESTMENT TRUST | Finance |
| PENNYMAC FINANCIAL SERVICES, INC. | Finance |
| Private companies | 15 |
|---|---|
Countrywide Financial Corp.
 Countrywide Financial Corp. Finance/Rental/LeasingFinance Countrywide Financial Corp. provides mortgage banking services. It offers ancillary services such as home equity loans and homeowners insurance. The company was founded by Angelo R. Mozilo and David S. Loeb in 1969 and is headquartered in Simi Valley, CA. | Finance |
PNMAC Mortgage Opportunity Fund LLC
 PNMAC Mortgage Opportunity Fund LLC Investment Trusts/Mutual FundsMiscellaneous PNMAC Mortgage Opportunity Fund LLC is a closed-end, non-diversified investment fund. The fund's objective was to achieve attractive total returns by capitalizing on dislocations in the mortgage market through opportunistic investments primarily in U. S. residential mortgages and related assets, instruments, and entities. It invests substantially all of its assets in a limited partnership interest of PNMAC Mortgage Opportunity Fund, LP. The company was headquartered in Westlake Village, CA. | Miscellaneous |
PNMAC Mortgage Opportunity Fund LP
 PNMAC Mortgage Opportunity Fund LP Investment Trusts/Mutual FundsMiscellaneous PNMAC Mortgage Opportunity Fund LP operated as a closed-end investment fund under a limited liability partnership. The company was headquartered in Los Angeles, CA. | Miscellaneous |
PNMAC Capital Management LLC
 PNMAC Capital Management LLC Investment ManagersFinance Part of PennyMac Financial Services, Inc., PNMAC Capital Management LLC is a private company that provides investment advisory services. The company is based in Westlake Village, CA. The company was founded by Stanford L. Kurland. The CEO is David A. Spector. | Finance |
Private National Mortgage Acceptance Co. LLC
 Private National Mortgage Acceptance Co. LLC Finance/Rental/LeasingFinance Private National Mortgage Acceptance Co. LLC acquires and manages residential mortgage assets. The company is headquartered in Calabasas, CA.. | Finance |
PNMAC Holdings, Inc.
 PNMAC Holdings, Inc. Finance/Rental/LeasingFinance PNMAC Holdings, Inc. engages in the provision of financial services. It operates through the following segments: Production, Servicing, and Investment Management. The Production segment performs mortgage loan origination, acquisition, and sale activities. The Servicing segment offers servicing of newly originated mortgage loans, execution and management of early buyout transactions and servicing of mortgage loans sourced. The Investment Management segment includes sourcing, performing diligence, bidding and closing investment asset acquisitions, and managing correspondent production activities. The company was founded by Stanford L. Kurland on December 31, 2012 and is headquartered in Westlake Village, CA. | Finance |
PennyMac Loan Services LLC
 PennyMac Loan Services LLC Finance/Rental/LeasingFinance PennyMac Loan Services LLC provides exceptional loan services for borrowers and investors. It also assists customers in preserving their home ownership through programs and drives. The company was founded in February 2008 and is headquartered in Westlake Village, CA. | Finance |
PennyMac Corp.
PennyMac Corp. Finance/Rental/LeasingFinance PennyMac Corp. purchases closed Jumbo conventional agency and government-backed residential mortgage loans. The company is headquartered in Westlake Village, CA. | Finance |
PNMAC Opportunity Fund Associates LLC
 PNMAC Opportunity Fund Associates LLC Finance/Rental/LeasingFinance Part of PennyMac Financial Services, Inc., PNMAC Opportunity Fund Associates LLC provides financial services. The private company is based in Moorpark, CA. | Finance |
| PNMAC Finance Corp. | |
| PennyMac Loan Services, Inc. | |
Copper Securities Holding LLC
Copper Securities Holding LLC Financial ConglomeratesFinance Part of PennyMac Mortgage Investment Trust, Copper Securities Holding LLC provides financial services. The private company is based in Moorpark, CA. | Finance |
PMT NPL Financing LLC
PMT NPL Financing LLC Financial ConglomeratesFinance Part of PennyMac Mortgage Investment Trust, PMT NPL Financing LLC is a private company that provides financial services. The company is based in Westlake Village, CA. | Finance |
PMT Funding LLC
PMT Funding LLC Financial ConglomeratesFinance Part of PennyMac Mortgage Investment Trust, PMT Funding LLC is a private company that provides investment services. The company is based in New York, NY. | Finance |
PennyMac GP OP, Inc.
PennyMac GP OP, Inc. Real Estate DevelopmentFinance Part of PennyMac Mortgage Investment Trust, PennyMac GP OP, Inc. provides real estate services. The private company is based in Delaware, CA. | Finance |
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