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PennyMac, the distressed-mortgage investment trust run by Stanford Kurland and other...

Jul. 29, 2009 10:06 PM ETBy: Jason Aycock, SA News Editor1 Comment
PennyMac, the distressed-mortgage investment trust run by Stanford Kurland and other ex-Countrywiders, raised $320M of a planned $400M in its IPO, after selling 16M shares at $20.

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