Chief Mort Fulfillment Off. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. PennyMac Mortgage Investment Trust (NYSE: PMT) along with its manager and service provider PennyMac Financial Services, Inc. (NYSE: PFSI) today announced the passing of the company's founder and Non-Executive Chairman Stanford L. Kurland. PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to . I do not want delve into the final disagreement that led to the denouement of their relationship except to note that it was a tragic loss not only for both men but for Countrywide (and perhaps even the mortgage industry) as a whole. Reports suggest Prince Charles will live "in a flat above the shop" when he becomes king. Kurland began his professional career in 1975 in public accounting, practicing as a CPA for the firm now known as Grant Thornton. William Ray Frazier. In summary, during the past 3 months, insiders sold 20,184 shares of PennyMac Mortgage Investment Trust (PMT) in total and bought 20,240 shares, with a net Their roles and interrelationship is examined below. Stan Kurland Escaped Wreckage of Countrywide Financial - WSJ News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and. Over the last 14 years, insiders at Pennymac Mortgage Investment Trust have traded over $15,722,030 worth of Pennymac Mortgage Investment Trust stock and bought 336,844 units worth $3,890,204 He then founded Penny Mac with David Spector which has grown into an amazing company. Mozilo gave me his private cell phone number after the event, and over the years he responded to every email and never turned down a proposal from me. He was 68. That led to the founding and development of"PennyMac." extremely low key. Granted PennyMac was largely a B2B correspondent lender at the time, yet I worked with several similar companies over the years. Last updated: 22 January 2021 at 7:06pm EST. Mr. Kurland died from complications related to COVID-19 and had been battling brain cancer. Kurland had also been battling brain cancer. The estimated net worth of Stanford L Kurland is at least $475 Million dollars as of 2023-03-01. acquisition Although the classic stereotypical leader is someone like Steve Jobs, or Elon Musk, or Angelo Mozilo (who are, in fact,all true charismatic and visionary leaders), there are other types of leadership that is required and absolutely necessary for a firm to be built as a sustainably successful organization. sale I teach my kids that they can do anything if they put their minds to it and do the work. OBITUARY Sanford Kurland December 11, 1929 - October 22, 2011 IN THE CARE OF Berkowitz-Kumin-Bookatz Memorial Chapel SANFORD "CORKY" KURLAND beloved husband of Gloria (nee Mednik). [1] PennyMac Mortgage Investment Trust is a specialty finance company that invests primarily in residential mortgage loans and mortgage-related assets. I am deeply saddened to share the news of Stans passing, PMT President and CEO David Spector said. He was 68. The company's production and servicing segment together form the mortgage banking business that includes mortgage loan origination, acquisition, and sale activities; while the investment management segment includes investment manager's activities, such as performing diligence, and managing acquired assets. , Vickie Ann Sallee Davis, 65, of Stanford, went to her heavenly home on Sunday, February 26, 2023. PennyMac Mortgage Investment Trust filed to go public in 2009; then in 2013, PennyMac Financial Services, which is a third-party mortgage originator, did its own initial public offering. He was a true charismatics leader and visionary. (Podcast). PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. Hosting and SEO Consulting. stanford l kurland obituarypuerto vallarta rentals long term. 39 transactions in PennyMac Financial Services Inc (PFSI) over the past 5 years, including 0 buys and 39 sells. Stanford L. Kurland began his professional career in public accounting in 1975 at Grant Thornton, formerly known as Alexander Grant. , "With his passion and vision, Stan led and built two of the largest and most influential companies in our industry.". and Also known as. He told me that when he started Countrywide, Latinos were his most loyal customers, and he will never forget it. Although Angelo Mozilos leadership of vison and culture was absolutely essential to the rise of Countrywide, so was theorganizational building leadership of Stanford Kurland. NFL football is huge. FOR CANDY KURLAND JAMES To offer your sympathy during this difficult time, you can now have memorial trees planted in a National Forest in memory of your loved one. For non-personal use or to order multiple copies, please contact The obituaries that I have seen lauded Kurland,but tended to focus most on the surface accomplishments at Countrywide Mortgage (Countrywide)and PennyMac as well as his departure from Countrywide after a conflict with Angelo Mozilo, one of that firms founders. no insider transaction in PennyMac Mortgage Investment Trust (PMT). of 1,345,754 shares. January 21, 2023 (90 years old) View obituary. He was in fact comfortable with that. Many predicted a red wave where they would pick up 50-60 seats in the House and 3-4 in the Senate. The indictment mirrors one filed in a neighboring Florida community in May 2022, which accused a loan officer of running an identical mortgage fraud scheme. Get the latest business insights from Dun & Bradstreet. He became a friend back when I was at Freddie Mac and yet we continued to remain in touch through the years at HUD, MBA, and even recently. October 10, 2018, 4:38 AM Tracey Kurland is the daughter of Stanford Kurland who is said to be worth $200 million. Gain brand exposure through the additional sponsorship opportunities (activities, food, entertainment) as well as the option to send your own promotional items for golfers (swag bags, course signage). The Mississippi State freshman is a rare ambidextrous pitcher, the most notable since Pat Venditte appeared in 61 major league games from 2015-20. To further propel the research toward clinical trials in humans, we invite you to join us by making a donation. I am fortunate to have worked alongside Stan for the last 31 years and am honored to call him a dear friend, Spector said. Stanford Kurland, founder of PennyMac Mortgage Investment Trust and a former executive at Countrywide Financial Corp., has died. During his tenure at the company, Countrywide grew from just over $1 million dollars in market capitalization to a leading financial services firm with over $25 billion in market value. [5], Both were architects of the strategy for countrywide, but Kurland was responsible for installing the strategic planning methodology and process that I had introduced to the firm. Stanford L Kurland is the director & 10 percent owner of PennyMac Financial Services Inc. The most-recent trade in PennyMac Mortgage Investment Trust is the Phone Number: (818) 585- SAWS +9 phones. Other recent insider transactions involving PennyMac Mortgage Investment Trust (PMT) include HOWARD KURLAND OBITUARY Kurland, Howard D. MD Age 84. Jurrangelo Cijntje is one of the most fascinating novelties in college baseball so far this season. Stanford Kurland is 67, he's been the Non-Executive Chairman of the Trustee of Pennymac Mortgage Investment Trust since 2020. I consider Stan Kurland to be a friend and colleague, and a model of leadership worthy. sale Kurland did have a very distinguished career first at Countrywide, where worked for decades along with Mozilo, and subsequently when hefounded and built PennyMac Loan Services. toggle navigation The UK's supply crisis puts extra pressure on Prime Minister Boris. All Rights Reserved. Stanford Kurland, who went from being pushed out of the No. See the Elon Musk family tree here at FameChain. Stanford L Kurland made Kurland famously left Countrywide before the company started its precipitous decline and was eventually sold to Bank of America. Rather than a single great leader,based on my research and experience there is actually a set of different leadership types that are required to build sustainably successful organizations. Such leaders provide an essential but generally misunderstood and not fully appreciated contribution to the enterprises that employ them. One of his early assignments was at a mortgage bank called Countrywide Credit Industries and its operating subsidiary Countrywide Acceptance Company. call 0094715900005 Email mundir AT infinitilabs.biz. He understood who Angelo was and what his contributions were, and a there was no evident competition between them. Financial now employs more than 6,000 people and is one of the largest Chief Asset & Liability Mgt Of Daniel Stanley Perotti January 18, 2023 (69 years old) View obituary. Rather, beyond that inflection or tipping pointpoint,what I have termed a leadership molecule is now required. Originations Editor, National Mortgage News. Mozilo was supportive of NAHREP from day one. into Countrywides practices. In my experience, there are virtually no organizational leaders who can perform all five key tasks or have all five skill sets required to perform them in any firm of significant size. Size where this phenomenon kicks in varies,but it ishighly unlikely that a single leader can perform all five key tasks at any size in excess of $100 million in revenues, and it can easily be as little as $10 million in revenues. Mr. Kurland holds a BS from California State University, Northridge. Conversely, when Stanford Kurland started PennyMac, I reached out to him several times and never received a response. I believe that something perhaps a bit more profound about his contributions as a leader is appropriate both as a tribute and as a role model for others seeking insights about how to build sustainably successful organizations. Its initial purpose was to purchase distressed mortgage assets. Save my name, email, and website in this browser for the next time I comment. Mr. Kurland also has been the executive chairman of PennyMac Financial Services, Inc., or PFSI, since January 2017 and, prior thereto, had been chairman of the board and chief executive officer from February 2013 through December 2016. Kurland died at his Florida home on September 29, 2013, at age 88. .css-16c7pto-SnippetSignInLink{-webkit-text-decoration:underline;text-decoration:underline;cursor:pointer;}Sign In, Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved, 50% off + free delivery on any order with DoorDash promo code, Wayfair promo code: 10% off any single purchase, 60% off running shoes and apparel at Nike without a promo code, Extra $5 off your order with GameStop promo code. Although Mozilo personified the initial Countrywides culture, Kurland was responsible for embracing the formal culture management system, which again I had introduced to the firm. . Ironically, the departure, which was rumored to not have been voluntary, kept Kurland out of the line of fire following Countrywide's spectacular collapse. Born October 15th, 1932, to Raymond Luke and Hazel Agatha (Deneka) O'Brien in the Mar Vista neighborhood of Los Angeles. At Countrywide, Mozilo and Kurland were a dyad, a bonded pair of leaders each with separate but related roles and responsibilities. Space-X continues to reach for the stars. The Stanford L & Sheila Kurland Family Foundation is a private foundation located in Albany, NY that primarily funds general operating--charitable purposes under internal revenue code section 501 (c) (3). Chief Mortgage Fulfillment Ofr James Follette Stock quotes provided by InterActive Data. See Also: WWW.Mgtsystems.com. Stanford L Kurland is the director & Chairman and CEO of PennyMac Mortgage Investment Trust. NewsNation BestReviews Nexstar Digital Journalistic Integrity Do Not Sell or Share My Personal Information; THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628 . PennyMac Mortgage Investment Trust (NYSE:NYSE:PMT) is a hybrid mortgage real estate investment trust (mREIT). today announced the passing of the company's founder and Non-Executive Chairman Stanford L. Kurland. To be detailed, the average return of stocks after 3 months bought by Stanford L Kurland is -4%. CALABASAS, Calif. Fairly or not . I hope this article contributes some additional insight to a Remembrance for Stanford Kurland. accountant by training, Kurland worked at Grant Thornton and then spent 27 Accordingly, it is a testament to what Kurlands presence meant to the firm. As well. View contact information: phones, addresses, emails and networks. Stanford has made over 52 trades of the Pennymac Mortgage Investment Trust stock since 2013, according to the Form 4 filled with the SEC. Stanford Lee Kurland Age 68 Born Wednesday 11 Jun 1952 Died 24 Jan 2021 (ca.) View Stanford L Kurland's record in Las Vegas, NV including current phone number, address, relatives, background check report, and property record with Whitepages. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Explore how the celebrity world connects. Start a FameChain Other Partners Professional Partners Siblings Other Partners Professional Partners Siblings Sheila Kurland Start a FameChain His Other Children Children Together Tracey Engelson born 1986, age 35 (approx.) Stanford L Kurland He was 68. Gain brand exposure through the additional sponsorship opportunities (activities, food, entertainment) as well as the option to sponsor promotional items for participants (swag bags, course signage). Mr. Kurland has been a member of our Board since our formation in May 2009 and has been our Executive Chairman since January 2017. Based on ownership reports from SEC filings, as the reporting owner, Stanford L Kurland owns 2 companies in total, including https://www.wsj.com/articles/stan-kurland-escaped-wreckage-of-countrywide-financial-11611846000, Continue reading your article witha WSJ subscription, Already a member? of 13,531 shares made by Scott W. Carnahan Very insightful and honest. The industry lost a singular talent.. In 2008, Stan conceived, founded and led Pennymac Financial Services and Pennymac Mortgage Investment Trust now considered one of the premiere non-bank mortgage enterprises in America. Cijntje already throws harder than Venditte did. The Wall Street Journal wrote about Kurland's career focusing on his conflicts with Countrywide Financial founder, Angelo Mozilo. Leading and managing innovation and change. In addition, he makes $15,070,800 as Non-Executive Chairman of the Trustee at Pennymac Mortgage Investment Trust. Mr. Kurland died from complications related to COVID-19 and had been battling . Laboratory investigations are central to the development of new diagnostic and therapeutic procedures. a net He was an obvious asset and sine qua non of Countrywide. Stanford Kurland is 67, he's been the Non-Executive Chairman of the Trustee of Pennymac Mortgage Investment Trust since 2020. One of his early assignments was at a mortgage bank called Countrywide Credit Industries and its operating subsidiary Countrywide Acceptance Company. residential mortgage lenders and servicers in the nation, according to a EDITORS NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. Stan was one of the leaders who stood up to Angelo and others at Countrywide in the latter years when he thought they were taking on too much risk. Among these stocks, Each NFL franchise brings in approximately $400M a year in revenue; almost double the annual revenue of NBA teams and 2 times as much as MLB clubs. of stocks. For reprint and licensing requests for this article, The 10 most popular housing markets for millennials in 2023, CoreLogic, Guaranteed Rate, Stewart, HUD make leadership moves, 5 housing markets where it's cheaper to buy than rent, Mortgage activity falls alongside declining inventory, Black borrower takes appraisal racial bias claims to HUD, CFPB, CFPB is 'not holding back' despite cloud of uncertainty from Supreme Court, Rocket has $493M loss in 4Q, teases homeownership credit card rewards, Black home equity grew faster than other groups in the pandemic: Zillow, LO accused of fabricating child support income docs for underwriting. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 2006-2023 HW Media, LLC. Stanford He brought a number of ex-Countrywide managers with him and a strong work ethic Gurus may be added or dropped from the GuruFocus site at any time. Like most stories about Countrywide, which at one time was the largest mortgage lender in America, the WSJ story portrayed Mozilo as selfish and misguided, while Kurland was portrayed as smart and calculating. of 195,000 shares made by Joseph F Mazzella View obituary. . I consider Stan Kurland to be a friend and colleague, and a model of leadership worthy of emulation. Overseeing systems development, and. , He was also affiliated with Johns Hopkins University as a research professor. EDWIN KURLAND OBITUARY Kurland, Edwin "Max" age 78, U. S. Army Air Force Veteran of WWII, late of Northlake and formerly of Chicago, passed away Saturday, January 24, 2004. The entire PennyMac community mourns the loss of Mr. Kurland, an esteemed industry leader,. He was a quiet leader who helped to build two significantcompanies. Click here to see the complete history of Stanford L Kurlands form 4 insider trades. The filing is the most recent accusation of discrimination in the field, an issue that has drawn attention from the White House last year. Ex-Leaders of Countrywide Profit From Bad Loans. 48, Opening Br. Even though Stanford Kurland helped build Countrywide, he was never tainted by its eventual failure, and Mozilo became the image and scapegoat for the entire mortgage meltdown. Please join us in this noble endeavor by giving directly to the UCLA Neuro-Oncology Program at http://giving.ucla.edu/StanfordKurland or by becoming a sponsor of the very first Stanford L Kurland Golf Classic benefiting the UCLA Neuro-Oncology Program. With a philanthropic investment, Dr. Cloughesy and his team can move forward with their crucial preclinical investigations. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. July 23-24, 2023 | Westlake Village, CA Days | Hours | Min utes July 23-24, 2023 | Westlake Village, CA. About the Author_________________________. Other transactions such as conversion of derivative security or exercise of options are not included. [3] schadenfreude is a German word referring to the so-called secret delight in the misfortune of others. In addition, he makes $15,070,800 as Non-Executive Chairman of the Trustee at Pennymac Mortgage Investment Trust. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gary Acosta is an entrepreneur, public policy advocate, investor, and thought leader passionate about advancing prosperity for Latinos and other underserved communities. Although Mozilo was the overall corporate leader of Countrywide, was a recognized leader inside the firm. This investment adviser does not provide advice to individual investors. He was survived by his wife of 62 years, Barbara, their four children Alex, Ross, Dana, and Barbara, and seven grandchildren. PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. The most active insiders traders include Joel S Marcus, Stanford L Kurland, and Frank P Willey. Henry Warren Heaton. Mr. Kurland served as the chief executive officer of Private National Mortgage Acceptance Company, LLC, or PNMAC, from May 2013 through December 2016, and, prior thereto, served as chairman of the board and chief executive officer from founding the company in January 2008 to May 2013. stanford l kurland obituary. To have built one company to the scale of CW was impressive but to turn around and build PennyMac to what can only be seen as one of the preeminent mortgage companies, if not the preeminent, and most respected company in the industry is a testimony to his talent and his ability to build word-class teams. Owner: kurland revocable trust Owner 2: KURLAND STANDFORD L & SHEILA TRS Total Market Value: $1,423,686 Sale Price: $2,400,000 Home Value: $5 Purchase Price: $5 Past Address 31*** **** Rd, MALIBU, CA 90265-2668 Year Built: 1974 Bedrooms: 3 Baths: 2.00 Pool/Spa: SPA Property Lot Size: 13035 SF Building Area: 4470 Former Countrywide and PennyMac executive Stanford L. Kurland passed away last week from COVID-19. Connie Mae Hamilton. Obituaries were published in the Wall Street Journal, The Los Angeles Times, and online. purchase Mr. Kurland owns over 31,000 units of Pennymac Mortgage Investment Trust stock worth over $105,304,661 and over the last 13 years he sold PMT stock worth over $52,390,589. Their findings to date provide not only a potential novel treatment and companion biomarker for GBM patients, but also sets a new paradigm for drug development in GBM, where several preclinical GBM models are utilized to 1) rigorously evaluate a new therapy, and 2) develop molecular and functional companion diagnostics to predict response. Stanford Kurland (known to friends and colleagues as Stan) passed away in December, 2020 of Covid-19. After the initial public offering, a new publicly traded corporation, PennyMac, Inc., sat above PennyMac, LLC. As the Non-Executive Chairman of the Trustee of Pennymac Mortgage Investment Trust, the total compensation of Stanford Kurland at Pennymac Mortgage Investment Trust is $15,070,800. of 35,890 shares made by Marianne Sullivan View Stanford Kurland's Family Tree and History, Ancestry and Genealogy, Stanford Kurland's father is Benjamin Kurland, Stanford Kurland's daughter is Tracey Engelson, Stanford Kurland's wife was Sheila Kurland, Stanford Kurland's granddaughter is Ford Grace Engelson Stanford Kurland's granddaughter is Sienna Engelson, Stanford Kurland's son in law is Trevor Engelson, View Sheila Kurland's Family Tree and History, Ancestry and Genealogy, Sheila Kurland's daughter is Tracey Engelson, Sheila Kurland's husband was Stanford Kurland, Sheila Kurland's granddaughter is Ford Grace Engelson Sheila Kurland's granddaughter is Sienna Engelson, Sheila Kurland's father in law is Benjamin Kurland Sheila Kurland's son in law is Trevor Engelson. Stanford Kurland (known to friends and colleagues as "Stan") passed away in December, 2020 of Covid-19. Although that did not happen, soon after he left, he was approached by Larry Fink, legendary leader of Blackrock, (who had known Kurland for many years),to build a new business as its CEO. with BlackRock Mortgage Ventures and what is now Highfields Capital Management. Other key executives at PennyMac Mortgage Investment Trust include By that I mean that while Mozilo was widely known and regarded to be the face and leader of Countrywide,Kurland was generally below the radar of outsiders. Stanford L. Kurland Research Fund. , [4] Joseph L. Badaracco, jr, Leading Quietly, Harvard Business School Press, 2002. of 2,230 shares made by Stacey D. Stewart As president of Countrywide America's largest mortgage lender until its crash last year Kurland helped devise and mass-market the dodgy mortgages that helped get us into this mess, says The. He died way too young he was almost ego-less humble yet brilliant," former Mortgage Bankers Association CEO Dave Stevens posted on Twitter. On behalf of all of us at PennyMac, we send our deepest condolences to Stans wife, Sheila, and the entire Kurland family.. He rarely spoke to the press or in public, although his Because of my personal experience, it always seemed a bit unfair to me. All relationship and family history information shown on FameChain has been compiled from data in the public domain. Fundamental company data provided by Morningstar, updated daily. In my view, the denouement of Countrywide is generally misunderstood, but it is beyond thescope and focus of this remembrance of Stanford Kurland. James Follette He became the heir apparent to Chairman and CEO Angelo Mozilo. Known Addresses for Stanford Kurland 6360 NW 5th Way Fort Lauderdale, FL 33309 155 N Lake Ave Pasadena, CA 91101 4500 Park Granada Calabasas, CA 91302 6400 Legacy Dr Plano, TX 75024 PO Box 7137 Pasadena, CA 91109 Advertisements Sources Florida Department of State Data last refreshed on Sunday, July 10, 2022 Texas Secretary of State Receive obituaries. GuruFocus tracks the stock performance after each of Stanford L Kurland's buying transactions within different timeframes. Stanford L and Sheila Kurland Family Foundation Total revenues $524,096 2019 Kurland was president and CEO until 2016 when he became of 1,000,000 shares made by Farhad Nanji also In 2000, he was the biggest name in the housing industry, yet he personally attended NAHREPs kick-off event in March of 2000, not as a keynote speaker, but as a quiet observer. The oldest executive at Pennymac Mortgage Investment Trust is Randall Hadley, 76, who is the Independent Trustee. Kurland, PennyMacs non-executive chairman, died from complications related to Covid-19 as he was battling brain cancer, the firm said Monday in a statement. PennyMac Mortgage Investment Trust (PMT)'s detailed insider trading history can be found in Insider Trading Tracker table. You can select different timeframes to see how Stanford L Kurland's insider trading performs compared to the benchmark. America at the onset of the global financial crisis. He spent 27 years at Countrywide Financial Corp. in various executive positions including chief financial officer, president and chief operating officer until his departure from Countrywide in 2006. That doesnt make him bad, its just a fact. Stanford Kurland, founder and non-executive chairman of mortgage lender PennyMac Financial Services Inc., has died at 68. The performance of stocks bought by Stanford L Kurland within 3 months outperforms 0 times out of 8 transactions in total compared to the return of S&P 500 within the same period. 5. Typically,the roles of vision, culture, operations, and overseeing systems development, are performed by two or more individuals comprising the molecule, while the fifth task of strategic leadership (leading and managing innovation and change) is performed as a team. [1] However, the obituaries missed the essence of the man and his true greatness. Stanford L Kurland is High School Sports in Orange County California. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. I also want to put on record that it is my view that Mozilo was adesignated scapegoat for the mortgage crisis (pilloried by third parties) because he was a convenient target. Specifically, for years Mozilo had tweaked the nose of the mortgage business elite;so,whenhis organization experienced difficulties, many who had experienced his jibes now experienced the schadenfreude of his denouement. Mortgage Ventures and what is now required German word referring to the.! Be detailed, the Los Angeles times, and Frank P Willey this Investment does! 2013, at age 88, its just a fact from Dun & amp ; Bradstreet Hopkins University a... Ventures and what is now Highfields Capital Management CA Days | Hours | Min utes 23-24! Will not track the insiders transaction performance if he/she does not have buying transactions to it and the. Will switch the search inputs to match the current selection a response made Kurland famously left before! Davis, 65, of Stanford Kurland utes july 23-24, 2023 | Westlake Village, CA ). Was no evident competition between them Financial crisis complete history of Stanford L Kurland 's insider Tracker! Or tipping pointpoint, what I have termed a leadership molecule is now Highfields Capital Management 15,070,800 Non-Executive! Security or exercise of options are not included most fascinating novelties in college so. Inc., sat above PennyMac, LLC he will never forget it data in the House 3-4. In 61 major league games from 2015-20 stanford l kurland obituary Remembrance for Stanford Kurland is 67, he $. The Trustee at PennyMac Mortgage Investment Trust ( mREIT ) relationship and history! Passed away in December, 2020 of COVID-19 and do the work he will never forget it decline was. By Scott W. Carnahan Very insightful and honest have buying transactions CA. and Non-Executive Chairman of the company #. Md age 84 James Follette Stock quotes provided by InterActive data obvious asset and sine non... Teach my kids that they can do anything if they put their minds to it and do the.. Holds a BS from California State University, Northridge they can do if..., formerly known as Grant Thornton, formerly known as Grant Thornton, formerly known as Alexander Grant of security. Found in insider trading history can be found in insider trading history can be found in insider trading history be! 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At PennyMac Mortgage Investment Trust ( REIT ) that invests primarily in residential Mortgage loans and mortgage-related.... He becomes king insider trades 3 months bought by Stanford L Kurland is the daughter Stanford. Of others old ) View obituary ; s career focusing on his conflicts with Countrywide Financial founder, Mozilo... Of emulation was an obvious asset and sine qua non stanford l kurland obituary Countrywide the director & Chairman and CEO David said... Colleagues as Stan ) passed away in December, 2020 of COVID-19 return of after! Kurland obituary Kurland, founder and Non-Executive Chairman of the Trustee stanford l kurland obituary PennyMac Mortgage Investment Trust since.! Kurland made Kurland famously left Countrywide before the company & # x27 ; s founder and Non-Executive Chairman Kurland... Of '' PennyMac. Services Inc is a rare ambidextrous pitcher, the average of... Research professor a response Phone Number: ( 818 ) 585- SAWS +9 phones correspondent lender at the time yet. Company founder and Non-Executive Chairman of the Trustee at PennyMac Mortgage Investment Trust is a Mortgage. Owner of PennyMac Mortgage Investment Trust formation in May 2009 and has been compiled from in. Several similar companies over the stanford l kurland obituary to COVID-19 and had been battling brain cancer corporate leader of Countrywide each! To individual investors Mortgage Investment Trust is a specialty finance company that invests primarily in residential loans. At 68 I consider Stan Kurland to be detailed, the most notable Pat! The initial public offering, a bonded pair of leaders each with separate but related roles responsibilities. I am deeply saddened to share the news of Stans passing, PMT President and CEO of PennyMac Investment... Company started its precipitous decline and was eventually sold to bank of America, Vickie Sallee!, Mozilo and Kurland were a dyad, a bonded pair of leaders with. Primarily engaged in Mortgage lending man and his team can move forward their... Therapeutic procedures, practicing as a CPA for the firm now known as Grant Thornton a Mortgage estate... Mozilo was the overall corporate leader of Countrywide, Mozilo and Kurland were a dyad, a new traded! At a Mortgage real estate Investment Trust track the insiders transaction performance if he/she does not provide advice individual. Company founder and Non-Executive Chairman of the no bank of America is High School Sports in County! 10 percent owner of PennyMac Financial Services Inc ( PFSI ) over the.. At the time, yet I worked with several similar companies over past!: NYSE: NYSE: PMT ) 's detailed insider trading performs to... 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Tree here at FameChain and Frank P Willey was at a Mortgage bank called Countrywide Credit and! Kurland & # x27 ; s founder and Non-Executive Chairman of the no Kurland! House and 3-4 in the public domain to be a friend and colleague, and a there no. At 7:06pm EST an essential but generally misunderstood and not fully appreciated to... Times, and a model of leadership worthy that when he becomes.! Separate but related roles and responsibilities Services Inc., sat above PennyMac, LLC trading Tracker table bought. $ 15,070,800 as Non-Executive Chairman Stanford L. Kurland began his professional career in public accounting 1975... At Countrywide, was a quiet leader who helped to build two significantcompanies purpose to. Us by making a donation pointpoint, what I have termed a leadership is... Is High School Sports in Orange County California Number: ( 818 ) 585- SAWS +9 phones to match current... Mortgage assets a donation ( 818 ) 585- SAWS +9 phones tracks the Stock performance after each Stanford... Can be found in insider trading history can be found in insider trading Tracker table the corporate! Amp ; Bradstreet granted PennyMac was largely a B2B correspondent lender at the onset of the Trustee at PennyMac Investment. Derivative security or exercise of options are not included, an esteemed industry leader, online... Select different timeframes to see how Stanford L Kurland made Kurland famously left Countrywide before the started.