The estimated Net Worth of Doug Jones is at least $29.2 Milión dollars as of 3 September 2024. Mr. Jones owns over 37,010 units of Pennymac Mortgage Investment Trust stock worth over $677,773 and over the last 13 years he sold PMT stock worth over $22,387,452. In addition, he makes $6,161,440 as Senior Managing Director a Chief Mortgage Banking Office at Pennymac Mortgage Investment Trust.
Douglas has made over 41 trades of the Pennymac Mortgage Investment Trust stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 37,010 units of PMT stock worth $518,510 on 3 September 2024.
The largest trade he's ever made was selling 63,216 units of Pennymac Mortgage Investment Trust stock on 8 December 2023 worth over $5,061,705. On average, Douglas trades about 8,478 units every 49 days since 2012. As of 3 September 2024 he still owns at least 49,114 units of Pennymac Mortgage Investment Trust stock.
You can see the complete history of Mr. Jones stock trades at the bottom of the page.
Douglas Jones serves as Senior Managing Director, Chief Mortgage Banking Office of the Company. Mr. Jones has been our Senior Managing Director and Chief Mortgage Banking Officer since January 2017 and the president of our Servicer since March 2017. Prior thereto, he served as our senior managing director and chief institutional mortgage banking officer from February 2016 through December 2016, as our chief institutional mortgage banking officer from February 2015 to February 2016 and as our chief correspondent lending officer from August 2011 to February 2015. Mr. Jones also has served in a variety of similar executive positions at PNMAC since June 2011. Mr. Jones is responsible for all business activities relating to our loan production and loan servicing operations. Prior to joining PNMAC, Mr. Jones worked in several executive positions, including senior managing director, correspondent lending, at Countrywide (and Bank of America Corporation, as its successor) from 1997 until 2011, where he was responsible for managing and overseeing correspondent and warehouse lending operations. Mr. Jones is an experienced mortgage banking executive with significant experience in the correspondent production and warehouse lending businesses.
As the Senior Managing Director a Chief Mortgage Banking Office of Pennymac Mortgage Investment Trust, the total compensation of Douglas Jones at Pennymac Mortgage Investment Trust is $6,161,440. There are 2 executives at Pennymac Mortgage Investment Trust getting paid more, with Stanford Kurland having the highest compensation of $15,070,800.
Douglas Jones is 63, he's been the Senior Managing Director a Chief Mortgage Banking Office of Pennymac Mortgage Investment Trust since 2017. There are 7 older and 13 younger executives at Pennymac Mortgage Investment Trust. The oldest executive at Pennymac Mortgage Investment Trust is Randall Hadley, 76, who is the Independent Trustee.
Doug's mailing address filed with the SEC is C/O PENNYMAC MORTGAGE INVESTMENT TRUST, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE, CA, 91361.
Over the last 15 years, insiders at Pennymac Mortgage Investment Trust have traded over $17,384,275 worth of Pennymac Mortgage Investment Trust stock and bought 347,317 units worth $4,024,452 . The most active insiders traders include Joel S Marcus, Stanford L Kurland a Frank P Willey. On average, Pennymac Mortgage Investment Trust executives and independent directors trade stock every 17 days with the average trade being worth of $80,702. The most recent stock trade was executed by Doug Jones on 3 September 2024, trading 37,010 units of PMT stock currently worth $518,510.
pennymac mortgage investment trust, a specialty finance company, invests primarily in mortgage-related assets in the united states. the company operates through credit sensitive strategies, interest rate sensitive strategies, and correspondent production segments. its credit sensitive strategies segment invests in credit risk transfer (crt) agreements, including firm commitment to purchase crt securities, distressed loans, real estate, and non-agency subordinated bonds. 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; and related interest rate hedging activities. its correspondent production segment engages in purchasing, pooling, and reselling newly originated prime credit residential loans directly or in the form of mortgage-backed securities (mbs). pnmac capital management, llc acts as the manager of pennymac mortgage investment trust. the company qualifies as a
Pennymac Mortgage Investment Trust executives and other stock owners filed with the SEC include: