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IPO day arrives for PennyMac Mortgage Investment Trust, run by former Countrywide No. 2 Stanford...

Jul. 29, 2009 12:51 PM ETBy: Jason Aycock, SA News Editor2 Comments
IPO day arrives for PennyMac Mortgage Investment Trust, run by former Countrywide No. 2 Stanford Kurland and 10 other Countrywide alumni. News organizations have noted the irony that those who helped create the bubble profit from the wreckage, but in March Henry Blodget argued how PennyMac is helping fix banking and keeping people in homes.

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