Chair, Chief Executive, PennyMac Financial Services Inc.
As chairman and chief executive, David Spector leads both PennyMac Financial Services and PennyMac Mortgage Investment Trust, the two publicly traded Westlake Village entities that form one of the largest mortgage platforms in the U.S. PennyMac Financial services $700 billion in unpaid principal balance, making it a top provider nationally, and originated over $130 billion in new loans in the 12 months ending mid-2025. He has steered the company through a volatile rate environment and positioned PennyMac as a leading private-label securitization issuer, on the cusp of a portfolio in excess of $1 trillion in unpaid principal.