Pennymac announces organizational changes

Westlake village, calif.--(business wire)--pennymac financial services, inc. (nyse: pfsi) and pennymac mortgage investment trust (nyse: pmt) announced today that william chang is stepping down from his positions as senior managing director and chief capital markets officer for pfsi and senior managing director and chief investment officer for pmt, in order to pursue other interests in the mortgage banking industry. in april of last year pennymac hired industry veteran mark elbaum to leverage th.
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