Mark  Elbaum net worth and biography

Mark Elbaum Biography and Net Worth

Mr. Elbaum has served as our Senior Managing Director and Chief Capital Markets Officer since February 2025. Previously, he was Senior Managing Director, Strategic Initiatives and assumed the interim role of Chief Capital Markets Officer in October 2024. He joined Pennymac in April 2023 as Managing Director, Strategic Initiatives.

Mr. Elbaum is responsible for all capital markets activities, including the development and execution of investment strategies, secondary marketing, servicing asset valuation, hedging activities and capital markets execution strategies with the government-sponsored enterprises. 

Mr. Elbaum has over 25 years of experience in the mortgage industry. Prior to Pennymac, he was Chief Financial Officer at Home Point Financial from 2020 to 2023, Chief Financial Officer at Marlette Funding, LLC from 2018 to 2020, and Chief Financial Officer of Merrill Lynch, Bank of America’s Wealth Management division from 2011 to 2017. Mr. Elbaum also served as Chief Financial Officer of Bank of America’s mortgage lending division and Chief Financial Officer of the Residential Lending Division at Countrywide Financial Corporation. Earlier in his career, Mr. Elbaum served as Senior Vice President of Finance at Aames Financial Corporation and Audit Manager at Price Waterhouse.

He holds a Master of Accounting from the University of Southern California and is a Certified Public Accountant.

What is Mark Elbaum's net worth?

The estimated net worth of Mark Elbaum is at least $393,985.55 as of April 4th, 2025. Elbaum owns 4,207 shares of PennyMac Financial Services stock worth more than $393,986 as of April 26th. This net worth approximation does not reflect any other investments that Elbaum may own. Learn More about Mark Elbaum's net worth.

How do I contact Mark Elbaum?

The corporate mailing address for Elbaum and other PennyMac Financial Services executives is 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA, 91361. PennyMac Financial Services can also be reached via phone at (818) 224-7442 and via email at pfsi_ir@pnmac.com. Learn More on Mark Elbaum's contact information.

Has Mark Elbaum been buying or selling shares of PennyMac Financial Services?

During the last ninety days, Mark Elbaum has sold $42,180.80 in PennyMac Financial Services stock. Most recently, Mark Elbaum sold 410 shares of the business's stock in a transaction on Friday, April 4th. The shares were sold at an average price of $102.88, for a transaction totalling $42,180.80. Following the completion of the sale, the insider now directly owns 4,207 shares of the company's stock, valued at $432,816.16. Learn More on Mark Elbaum's trading history.

Who are PennyMac Financial Services' active insiders?

PennyMac Financial Services' insider roster includes Steven Bailey (Insider), William Chang (Senior Managing Director and Chief Investment Officer), Mark Elbaum (Insider), Vandad Fartaj (CIO), James Follette (SENIOR MANAGING DIRECTOR AND CHIEF MORTGAGE OPERATIONS OFFICER), Gregory Hendry (CAO), James Hunt (Director), Doug Jones (Director), Patrick Kinsella (Director), Joseph Mazzella (Director), Anne Mccallion (Director), Farhad Nanji (Director), Daniel Perotti (CFO), David Spector (CEO & Chairman), Derek Stark (Insider), Abbie Tidmore (Senior Managing Director and Chief Revenue Officer), and Donald White (Senior Managing Director and Chief Risk Officer). Learn More on PennyMac Financial Services' active insiders.

Are insiders buying or selling shares of PennyMac Financial Services?

In the last year, insiders at the real estate investment trust sold shares 34 times. They sold a total of 370,028 shares worth more than $37,313,425.73. The most recent insider tranaction occured on April, 4th when insider Mark Elbaum sold 410 shares worth more than $42,180.80. Insiders at PennyMac Financial Services own 16.6% of the company. Learn More about insider trades at PennyMac Financial Services.

Information on this page was last updated on 4/4/2025.

Mark Elbaum Insider Trading History at PennyMac Financial Services

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Mark Elbaum Buying and Selling Activity at PennyMac Financial Services

This chart shows Mark Elbaum's buying and selling at PennyMac Financial Services by year and by quarter.

Skip ChartChart Data in Insider Trading History Table
2022202320242025$0bought$42ksoldQ2Q3Q4Q1Q2Q3Q4Q1Q2Q3Q4Q1Q2-$40k-$20k$0$20k$40kTotal Insider BuyingTotal Insider Selling

PennyMac Financial Services Company Overview

PennyMac Financial Services logo
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage loans through correspondent production, consumer direct lending, and broker direct lending. The Servicing segment performs loan servicing for both newly originated loans that are under holding for sale and loans services for others. The segment performs loan administration, collection, and default management activities, including the collection and remittance of loan payments; responds to customer inquiries; provides accounting for principal and interest; holds custodial funds for the payment of property taxes and insurance premiums; counsels delinquent borrowers; and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. The company was founded in 2008 and is headquartered in Westlake Village, California.
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Today's Range

Now: $93.65
Low: $92.65
High: $94.86

50 Day Range

MA: $98.69
Low: $89.31
High: $103.66

2 Week Range

Now: $93.65
Low: $84.93
High: $119.13

Volume

312,221 shs

Average Volume

304,380 shs

Market Capitalization

$4.82 billion

P/E Ratio

16.04

Dividend Yield

1.26%

Beta

1.73