Chair, Chief Executive, PennyMac Financial Services Inc.
Spector is the chair and chief executive of Pennymac, which was founded in 2008 and consists of PennyMac Financial Services, a mortgage lender and servicer, and PennyMac Mortgage Investment Trust, a residential mortgage real estate investment trust. Spector has been a member of both boards since their formation and was appointed chief executive for both companies in 2017. Before joining Pennymac he was the co-head of global residential mortgages at Morgan Stanley. He also served as senior managing director of secondary marketing at Countrywide Financial Corp. from 1990 to 2006.