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 $557.33 thousand as of April 4th, 2025. Elbaum owns 4,207 shares of PennyMac Financial Services stock worth more than $557,335 as of December 4th. 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?
Has Mark Elbaum been buying or selling shares of PennyMac Financial Services?
Mark Elbaum has not been actively trading shares of PennyMac Financial Services over the course of the past ninety days. 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 39 times. They sold a total of 440,507 shares worth more than $50,669,159.42. The most recent insider tranaction occured on November, 25th when Director Doug Jones sold 20,000 shares worth more than $2,652,600.00. Insiders at PennyMac Financial Services own 15.8% of the company.
Learn More about insider trades at PennyMac Financial Services. Information on this page was last updated on 11/25/2025.
