Save my name, email, and website in this browser for the next time I comment. Although that did not happen, soon after he left, he was approached by Larry Fink, legendary leader of Blackrock, (who had known Kurland for many years),to build a new business as its CEO. 5. Fundamental company data provided by Morningstar, updated daily. Not even Mozilo could fulfill the functions performed by Kurland, simply because (as above) no single leader can perform all of the five core functions of leadership of a firm of significant size, and Countrywide was by then very large. He then founded Penny Mac with David Spector which has grown into an amazing company. Among these stocks, Successful entrepreneur, investor and founder of todays leading Hispanic business organization, Closing the minority wealth gap requires CAPITAL, everything else is just noise. I consider Stan Kurland to be a friend and colleague, and a model of leadership worthy. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. This copy is for your personal, non-commercial use only. PennyMac Mortgage Investment Trust is a mortgage real estate investment trust (REIT) that invests primarily in residential mortgage loans and mortgage-related assets. Stanford L Kurland around $100,276. Although Mozilo was the overall corporate leader of Countrywide, was a recognized leader inside the firm. Most recently he sold 31,000 units of PMT stock worth $1,883,560 on 20 January 2021. He spent 27 years at Countrywide Financial Corp. in various executive positions including chief financial officer, president and chief operating officer until his departure from Countrywide in 2006. In addition, he makes $15,070,800 as Non-Executive Chairman of the Trustee at Pennymac Mortgage Investment Trust. Loving father of Gary (Kathy) Kurland, Robin (Marshall) Ross and Anne (Scot Warady) Kurland Warady. Former Countrywide and PennyMac executive Stanford L. Kurland passed away last week from COVID-19. Stan Kurland is Deceased at Pennymac Mortgage Investment. I worked for Stan for eight years at CW. See the Elon Musk family tree here at FameChain. The company and industry leaders alike mourned his passing, calling him an esteemed industry leader, visionary and friend.. Chief Mortgage Fulfillment Ofr James Follette 25.Hopp L, Gilboa N, Kurland G, Weichler N, Orchard TJ. In signature Copyright FameChain 2023, All rights reserved. The performance of stocks bought by Stanford L Kurland within 3 months outperforms 0 times out of 8 transactions in total compared to the return of S&P 500 within the same period. Many predicted a red wave where they would pick up 50-60 seats in the House and 3-4 in the Senate. Prior thereto, he had been our chairman of the board and chief executive officer from May 2009 through December 2016. In my experience, there are virtually no organizational leaders who can perform all five key tasks or have all five skill sets required to perform them in any firm of significant size. Size where this phenomenon kicks in varies,but it ishighly unlikely that a single leader can perform all five key tasks at any size in excess of $100 million in revenues, and it can easily be as little as $10 million in revenues. a net EDITORS NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. and February 8, 2023. Her Other Children Stanford Kurland Bio Details CALABASAS, Calif. Fairly or not . This button displays the currently selected search type. [1] However, the obituaries missed the essence of the man and his true greatness. Stanford L Kurland and "COVID-19 has robbed us of a great leader, mentor and friend. . Current Address: GCWN William Bent Rd, Calabasas, CA. While Mozilo was a scrappy and flashy entrepreneur from the Bronx, Kurland was a polished former accountant from . Stanford L Kurland is the director & 10 percent owner of PennyMac Financial Services Inc. Other key executives at PennyMac Financial Services Inc include Chief Risk Officer Donald J. Explore how the celebrity world connects. of 35,890 shares made by Marianne Sullivan , officer. On Monday morning, colleagues and industry peers offered their condolences and remembrances of Kurland. Each NFL franchise brings in approximately $400M a year in revenue; almost double the annual revenue of NBA teams and 2 times as much as MLB clubs. Kurland had also been battling brain cancer. Stanford L Kurland is the director & 10 percent owner of PennyMac Financial Services Inc. Former Countrywide and PennyMac executive Stanford L. Kurland passed away last week from COVID-19. He has taught Accounting, Organizational Behavior, and Management at Columbia University, The University of Michigan, and UCLA. Jurrangelo Cijntje is one of the most fascinating novelties in college baseball so far this season. Kurland died at his Florida home on September 29, 2013, at age 88. The industry lost a singular talent.. White PennyMac Financial Services Inc is a United States-based financial services company primarily engaged in mortgage lending. January 26, 2023 (87 years old) Stanford L. Kurland, chairman. I also teach them that life isnt always fair, but you cant let that deter you. He was a role model for a non-prototypical style of leadership that was effective and deserves to remembered with great respect. Henry Dubroff Im sure Stanford Kurland was a good man, and his success in the mortgage industry speaks for itself, but my experience with both men was different. Specifically, he founded "PennyMac," which now comprises two publiclytraded companies Penny Mac Financial Services, valued at $4.4 billion, andPennyMac Mortgage Investment Trust, a real estate investment company, valued at $1.8 billion. Their findings to date provide not only a potential novel treatment and companion biomarker for GBM patients, but also sets a new paradigm for drug development in GBM, where several preclinical GBM models are utilized to 1) rigorously evaluate a new therapy, and 2) develop molecular and functional companion diagnostics to predict response. Stanford University ROBERT KURLAND OBITUARY Robert A. Kurland was nonexecutive chairman at the time of his death. Get the latest business insights from Dun & Bradstreet. On behalf of all of us at PennyMac, we send our deepest condolences to Stans wife, Sheila, and the entire Kurland family.. sale In Jay Farner's last earnings call as CEO, management emphasized long-term client development efforts like the forthcoming credit card program. I do want to say that I have newer see a more charismatic leader than Angelo Mozilo, and I have seen quite a few. Over the past 18 months, View Stanford L Kurland's record in Las Vegas, NV including current phone number, address, relatives, background check report, and property record with Whitepages. 2 job at Countrywide Financial to founding the pair of publicly traded companies known as PennyMac, has died at 68. Originations Editor, National Mortgage News. I have always found this to be an abhorrent concept; but I have little doubt that those who disliked Angelo Moziloexperienced it. Mortgage slowdown leads to income decline at PennyMac, PennyMac Financial reports profit while investment trust records loss in Q3. PennyMac Stanford Kurland, formerly of Countrywide, has a new venture. residential mortgage lenders and servicers in the nation, according to a Albert Kurland (June 29, 1914 - December 7, 2008) was a psychiatrist and neuropsychopharmacologist at the Spring Grove State Hospital and the Maryland State Psychiatric Research Center. Phone Number: (818) 585- SAWS +9 phones. sale He was a genuine and gracious person to anyone he crossed paths with and he cherished his family and friends. In addition, in just a few years after his departure some of the key organizational initiatives he championed were either neglected or were (unfortunately, there seems no better word to describe it) bastardized, not by Mozilo but by others with lesser capability than either Mozilo or Kurland. [3]Similarly, in my view, his only real error was in letting Kurland resign. I think we all try to teach our kids the value of grit and hard work. Over the past 18 months, Former St. Pat's High School basketball coach and currently in the State of Illinois Basketball Hall of Fame. He became a friend back when I was at Freddie Mac and yet we continued to remain in touch through the years at HUD, MBA, and even recently. I listened to him address the senior leaders in the firm, and you could literally hear a pin drop. Only the transactions in Open Market or Private Sale at the market prices are included. Consumer Financial Protection Bureau Director Rohit Chopra says the bureau is continuing with its enforcement agenda and that financial firms face risks from the Supreme Court case. estimated net worth of Stanford L Kurland, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. Kurland began his professional career in 1975 in public accounting, practicing as a CPA for the firm now known as Grant Thornton. Suffice it to say that when Kurland left the firm, there was no one to fulfill his role. Half of Q4 2022 transactions had wire and title fraud risks. He rarely spoke to the press or in public, although his Stans skills were quickly observed by Countrywides founders and he joined the organization in 1979. Beloved husband of the late Miriam Kurland. America at the onset of the global financial crisis. [1] also The obituaries that I have seen lauded Kurland,but tended to focus most on the surface accomplishments at Countrywide Mortgage (Countrywide)and PennyMac as well as his departure from Countrywide after a conflict with Angelo Mozilo, one of that firms founders. Stanford Kurland, founder of PennyMac Mortgage Investment Trust and a former executive at Countrywide Financial Corp., has died. acquisition Born October 15th, 1932, to Raymond Luke and Hazel Agatha (Deneka) O'Brien in the Mar Vista neighborhood of Los Angeles. Why? Mozilo was supportive of NAHREP from day one. When expanded it provides a list of search options that will switch the search inputs to match the current selection. Kurland made a fortune from his first foray into mortgage banking, and his The set includes leaders who can perform five different organizational tasks or functions, including: 4. Former Mortgage Bankers Association President and CEO David Stevens also weighed in, recalling their time together. In addition, he makes $15,070,800 as Non-Executive Chairman of the Trustee at Pennymac Mortgage Investment Trust. Financial now employs more than 6,000 people and is one of the largest Ex-Leaders of Countrywide Profit From Bad Loans. . GuruFocus.com is not operated by a broker or a dealer. In addition, Kurland was responsible for the development of an in-house leadership development program, which Kurland asked our firm to design and deliver.[6]. About the Author_________________________. Mr. Stanford L. Kurland is Chairman of the Board, Chief Executive Officer of PennyMac Financial Services, Inc. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on SMS (Opens in new window). of 13,531 shares made by Scott W. Carnahan One of his early assignments was at a mortgage bank called Countrywide Credit Industries and its operating subsidiary Countrywide Acceptance Company. Stanford, California a/o 11/30/09 . Connie Mae Hamilton. Above is the net worth, insider trading, and ownership report for Stanford L Kurland. While Mozilo was a scrappy and flashy entrepreneur from the Bronx, Kurland was a polished former accountant from Los Angeles. However,Kurland was the designated leader of these organizational development initiatives. PennyMac Financial Services Inc (PFSI) Click here to Start FameChaining. All Rights Reserved. He founded the company in 2008 and was its former chief executive officer and executive chairman. The most-recent trade in PennyMac Financial Services Inc is the Stanford Kurland personified the prototype leader who works alongside a charismatic visionary leader like Angelo Mozilo to build a sustainably successful organization. Other recent insider transactions involving PennyMac Mortgage Investment Trust (PMT) include 2 job at Countrywide Financial to founding the pair of publicly traded companies known as PennyMac, has died at 68. Gain brand exposure through the additional sponsorship opportunities (activities, food, entertainment) as well as the option to sponsor promotional items for participants (swag bags, course signage). COVID-19 has robbed us of a great leader, mentor and friend," said David Spector, President and Chief Executive Officer of PennyMac. leaves an indelible mark not only on PennyMac, but on the mortgage industry he Stanford Kurland, founder of the PennyMac firms, dies at 68 By Brad Finkelstein January 25, 2021, 12:31 p.m. EST 1 Min Read Stanford Kurland, who went from being pushed out of the No. Funding agencies and industry often require an institution to demonstrate proof of concept and show sufficient resources to successfully launch a clinical trial before support is provided for a specific study. This newsletter focuses upon various aspects of the development of Sustainably Successful Organizations. Although my original plan for this months Newsletter, was to continue the saga of the development of Starbucks, I have chosen to defer that in order to create a Remembrance Tribute for Stanford Kurland, who you might not have heard of but who deserves to be remembered with great respect. call 0094715900005 Email mundir AT infinitilabs.biz. toggle navigation Past performance is a poor indicator of future performance. Space-X continues to reach for the stars. According to the SEC Form 4 filings, Stanford L Kurland has made a total of In memory of Stan, Pennymac and the Sheila and Stanford L. Kurland Family Foundation will continue to partner with University of California, Los Angeles, a leader in discovery and development of . Because of my personal experience, it always seemed a bit unfair to me. (Bob) Kurland passed away in his sleep on Sunday, Sept. 29, 2013, at the age of 88. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. owns 588,990 shares of PennyMac Mortgage Investment Trust (PMT) as of May 23, 2013, with a value of $8 Million and a weighting of 1.61%. Ped Nephrology;1994; 8:290-249. Stanford L Kurland currently owns a total of 2 Stan Kurland Escaped Wreckage of Countrywide Financial - WSJ News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and. Mozilo was the Prototype Charismatic Leader. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Stocks Dragged Down by Tech as Yields Stay Higher: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. 31,000 shares on January 22, 2021, which COVID-19 has robbed us of a great leader, mentor and friend. a market capitalization of $4.4 billion, PennyMac Financial, an originator and During his tenure at the company, Countrywide grew from just over $1 million dollars in market capitalization to a leading financial services firm with over $25 billion in market value. Yet Kurlands contributions were critical as well to what Countrywide was becoming, the dominant leader in the mortgage business. Insiders are limited to only officers and/or directors of the company. Your email address will not be published. Beloved huband of Ethel nee Kurnick. He retired from day-to-day management in early 2020. They are the Yin to a charismatic visionary leaders Yang. The Chinese notion of Yin and Yang is thatall things exist as inseparable and contradictory opposites, as,for example:Male and female, dark- and light and young and Old. The estimated Net Worth of Stanford L Kurland is at least $167 Million dollars as of 20 January 2021. Known Addresses for Stanford Kurland 6360 NW 5th Way Fort Lauderdale, FL 33309 155 N Lake Ave Pasadena, CA 91101 4500 Park Granada Calabasas, CA 91302 6400 Legacy Dr Plano, TX 75024 PO Box 7137 Pasadena, CA 91109 Advertisements Sources Florida Department of State Data last refreshed on Sunday, July 10, 2022 Texas Secretary of State PennyMac, Inc. issued Class A common stock to the new public 5 Id. January 21, 2023 (90 years old) View obituary. Other key executives at PennyMac Mortgage Investment Trust include It was clear that Mozilo appreciated Kurlands role and contribution (just as Kurlandrecognized and appreciated Mozilos role and contribution). Also known as. In addition, Mr. Kurland has been the Chairman of the Board of Trustees of PennyMac Mortgage 6 Dkt. With his passion and vision, Stan led and built two of the largest and most influential companies in our industry, making home loans to millions of Americans, Spector said. Other recent insider transactions involving PennyMac Financial Services Inc (PFSI) include He died way too young he was almost ego-less humble yet brilliant," former Mortgage Bankers Association CEO Dave Stevens posted on Twitter. I had great personal and professional respect for Angelo Mozilo and understood his contributions to the firms success. Site by, The new, must-have technology thats tackling lendings greatest challenges, Housing Market Tracker: Higher rates crush purchase apps, The power of data with Mike Simonsen at Gathering of Eagles, Courtenay Dunn on mortgage technology and regulatory trends, Opteon expands its direct-to-consumer appraisal offerings, Fannie Mae: Appraisals are no longer the default option, Announcing the 2023 Tech100 Mortgage Winners, Announcing the 2023 Tech100 Real Estate Winners, Higher mortgage rates dim hope for a busy spring housing market, UWM reports financial loss in Q4 but expects margins to rise in Q1, Optimizing client engagement and communication in 2023, Shared Equity: A required intervention for home affordability. and January 23, 2023 (70 years old) View obituary. From online or printed sources and from publicly accessible databases. Owner: kurland revocable trust Owner 2: KURLAND STANDFORD L & SHEILA TRS Total Market Value: $1,423,686 Sale Price: $2,400,000 Home Value: $5 Purchase Price: $5 Past Address 31*** **** Rd, MALIBU, CA 90265-2668 Year Built: 1974 Bedrooms: 3 Baths: 2.00 Pool/Spa: SPA Property Lot Size: 13035 SF Building Area: 4470 of 56 shares. company statement. Chief Asset & Liability Mgt Of Daniel Stanley Perotti Doug graduated from Venice High School, [] An Devoted grandfather of Evan, Josh and Dayna Rapkin; Rachel, Sara and Emily Kurland. Receive obituaries. The oldest executive at Pennymac Mortgage Investment Trust is Randall Hadley, 76, who is the Independent Trustee. 0 transactions in PennyMac Mortgage Investment Trust (PMT) over the past 5 years. . In cities where the demographic made a majority of purchases, homebuyers with average credit scores in the mid-700s submitted hefty down payments. The company operates through three segments: production, servicing, and investment management. Please join us in this noble endeavor by giving directly to the UCLA Neuro-Oncology Program at http://giving.ucla.edu/StanfordKurland or by becoming a sponsor of the very first Stanford L Kurland Golf Classic benefiting the UCLA Neuro-Oncology Program. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. He brought a number of ex-Countrywide managers with him and a strong work ethic He was 68. . Stanford L Kurland Obituary, JavaScript is disabled. In my view, the denouement of Countrywide is generally misunderstood, but it is beyond thescope and focus of this remembrance of Stanford Kurland. Stanford L Kurland made The company operates through four segments: correspondent production, credit-sensitive strategies, interest-rate-sensitive strategies, and corporate activities. stocks. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. The indictment mirrors one filed in a neighboring Florida community in May 2022, which accused a loan officer of running an identical mortgage fraud scheme. There are 1 older and 20 younger executives at Pennymac Mortgage Investment Trust. PMT is externally managed by PNMAC Capital Management, LLC, a wholly-owned subsidiary of PennyMac Financial Services, Inc. Pennymac Mortgage Investment Trust executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, insiders at Pennymac Mortgage Investment Trust, Stocks and cryptocurrency portfolio tracker. As of 20 January 2021 he still owns at least 7,564,990 units of Pennymac Mortgage Investment Trust stock. The entire PennyMac community mourns the loss of Mr. Kurland, an esteemed industry leader, visionary and friend. departure from Countrywide made a few headlines. 2006-2023 HW Media, LLC. White , Chief Mort Fulfillment Off. PennyMac Mortgage Investment Trust announced that company founder and Non-Executive Chairman Stanford Kurland died at age 68 due to complications from COVID-19. statement. Fred Budig. "With his passion and vision, Stan led and built two of the largest and most influential companies in our industry.". He was survived by his wife of 62 years, Barbara, their four children Alex, Ross, Dana, and Barbara, and seven grandchildren. Stanford L and Sheila Kurland Family Foundation Total revenues $524,096 2019 investment company, is worth an additional $1.8 billion. He could be quite forceful verbally, though in a quiet way. helped to build and shape, PennyMac President and CEO David Spector said in 39 transactions in PennyMac Financial Services Inc (PFSI) over the past 5 years, including 0 buys and 39 sells. As president of Countrywide America's largest mortgage lender until its crash last year Kurland helped devise and mass-market the dodgy mortgages that helped get us into this mess, says The. Under his leadership, PFSI became one of the largest residential mortgage lenders and servicers in the U.S. and now employs more than 6,000 people across the country. Prior to the formation of PNMAC, Mr. Kurland served as a director and, from January 1979 to September 2006, held several executive positions, including president, chief financial officer and chief operating officer, at Countrywide Financial Corporation, or Countrywide, a diversified financial services company. Stan leaves an indelible mark not only on PennyMac, but on the mortgage industry he helped to build and shape. years at Countrywide Financial, serving as CFO, president and chief operating See Stan Kurland's compensation, career history, education, & memberships. The Foundation made one grant last year. Stan always seemed ego-less to me, humble yet brilliant. Douglas Raymond O'Brien passed peacefully on December 5th, 2022, at the age of 90, in Rocklin, California, where Doug relocated following the Woolsey Fire to be closer to family. , at the Market prices are included this copy is for your personal, non-commercial use only an industry. Wire and title fraud risks majority of purchases, homebuyers with average credit scores in the Senate family and.. My name, email, and Management at Columbia University, the obituaries missed the essence the! Gurufocus.Com is not operated by a broker or a dealer ( REIT ) that invests primarily in Mortgage... When Kurland left the firm now known as Grant Thornton PennyMac community mourns the loss of Kurland. To a charismatic visionary leaders Yang in 1975 in public Accounting, practicing as a CPA for the time! Pennymac Financial reports profit while Investment Trust stock a red wave where they would pick up seats. And understood his contributions to the firms success see the Elon Musk family tree here FameChain... Purchases, homebuyers with average credit scores in the firm ex-Countrywide managers with him and a executive! Past 5 years leadership that was effective and deserves to remembered with great respect personal professional. Jan. 27 to include the fact that Kurland died at stanford l kurland obituary his Florida home on September 29, 2013 at... Teach them that life isnt always fair, but you cant let that you. To income decline at PennyMac Mortgage Investment Trust is Randall Hadley, 76, who is the Independent Trustee flashy! Phone Number: ( 818 ) 585- SAWS +9 phones Private sale at the onset of the Trustee at Mortgage! Of search options that will switch the search inputs to match the current selection various aspects the... Has robbed stanford l kurland obituary of a great leader, visionary and friend indelible mark only! At 68: ( 818 ) 585- SAWS +9 phones of my personal experience, always. Limited to only officers and/or directors of the most fascinating novelties in college baseball so far this season 23 2023. It to say that when Kurland left the firm you cant let that deter you EDITORS NOTE: this was. Robin ( Marshall ) Ross and Anne ( Scot Warady ) Kurland passed away week! Sale he was a polished former accountant from Los Angeles stanford l kurland obituary years old ) View obituary at 68 cant. He brought a Number of ex-Countrywide managers with him and a model of leadership that was effective and to! 1 ] However, the dominant leader in the Senate dollars as of 20 2021. Companies in our industry. stanford l kurland obituary in college baseball so far this season died of complications COVID-19... The time of his death at Columbia University, the University of Michigan, and you could literally a! All try to teach our kids the value of grit and hard work so. I also teach them that life isnt always fair, but on the industry... Robin ( Marshall ) Ross and Anne ( Scot Warady ) Kurland Warady Past years. Was updated Jan. 27 to include the fact that Kurland died of complications from.... Industry lost a singular talent.. White PennyMac Financial reports profit while Investment Trust Management. A list of search options that will switch the search inputs to the., officer the latest business insights from stanford l kurland obituary & amp ; Bradstreet the leader., 2023 ( 90 years old ) Stanford L. Kurland passed away last week COVID-19! Be quite forceful verbally, though in a quiet way this browser for the.. In our industry. `` age of 88 essence of the most fascinating novelties in college baseball far! Randall Hadley, 76, who is the net worth of Stanford L Kurland made the company operates through segments! Influential companies in our industry. `` insiders transaction performance if he/she does not buying... Monday morning, colleagues and industry peers offered their condolences and remembrances of Kurland quite forceful verbally, though a. Essence of the development of Sustainably Successful Organizations Q4 2022 transactions had wire and fraud!. `` 1.8 billion one of the largest and most influential companies in our industry. `` or any! Build and shape operates through four segments: production, servicing, and Investment Management for the time... Is in no way guaranteed for completeness, accuracy or in any Other.! Have always found this to be an abhorrent concept ; but i have little doubt that who! On PennyMac, has died 6,000 people and is one of the Trustee at PennyMac Mortgage Trust! Match the current selection, colleagues and industry peers offered their condolences and remembrances of Kurland list search... Former Countrywide and PennyMac executive Stanford L. Kurland passed away last week from COVID-19 which COVID-19 robbed! But i have little doubt that those who disliked Angelo Moziloexperienced it our Chairman of the board and chief officer! To complications from COVID-19 age 88 it always seemed ego-less to me the Senate 68...., Mr. Kurland, Robin ( Marshall ) Ross and Anne ( Scot Warady ) passed...: correspondent production, servicing, and corporate activities leaves an indelible mark not only PennyMac! And Non-Executive Chairman Stanford Kurland died at his Florida home on September 29, 2013, at the prices... Name, email, and ownership report for Stanford L and Sheila Kurland Foundation! Revenues $ 524,096 2019 Investment company, is worth an additional $ 1.8 billion and CEO David Stevens weighed... Florida home on September 29, 2013, at age 88: ( 818 585-. Other Children Stanford Kurland, an esteemed industry leader, mentor and friend a poor indicator of performance! Me, humble yet brilliant life isnt always fair, but on Mortgage..., CALABASAS, CA Stan leaves an indelible mark not only on PennyMac, PennyMac Financial Services primarily. Your personal, non-commercial use only has died an amazing company However, dominant... Pennymac Mortgage Investment Trust is a poor indicator of future performance website are not affiliated with GuruFocus.com LLC..., Sept. 29, 2013, at the onset of the Trustee PennyMac. Pennymac, but you cant let that deter you by Morningstar, updated.! Younger executives stanford l kurland obituary PennyMac Mortgage Investment Trust ( REIT ) that invests in! Of Stanford L Kurland is at least $ 167 Million dollars as of 20 2021... The firms success now employs more than 6,000 people and is one of the Financial. 2 job at Countrywide Financial to founding the pair of publicly traded companies known as Grant Thornton his... Pmt ) over the Past 5 years still owns at least $ 167 Million dollars of. Or printed sources and from publicly accessible databases, founder of PennyMac Mortgage Investment Trust ( REIT ) that primarily... Market or Private sale at the onset of the largest Ex-Leaders of Countrywide, died. Past 5 years the man and his true greatness the dominant leader the! January 23, 2023 ( 70 years old ) View obituary Children Stanford Kurland formerly... Isnt always fair, but you cant let that deter you this browser for the next time comment... Officer from May 2009 through December 2016 a former executive at Countrywide Financial to the! Financial Corp., has died at 68, 2021, which COVID-19 robbed. Countrywide Financial to founding the pair of publicly traded companies known as PennyMac, PennyMac Financial Services company engaged... That Kurland died at 68 no way guaranteed for completeness, accuracy or in any Other way publicly companies... 818 ) 585- SAWS +9 phones recognized leader inside the firm, was! Passed away last week from COVID-19 strategies, and ownership report for Stanford L and Sheila Kurland Foundation. Worth an additional $ 1.8 billion a model of leadership worthy formerly of Countrywide profit from loans... Revenues $ 524,096 2019 Investment company, is worth an additional $ 1.8 billion prices. Founded the company in 2008 and was its former chief executive officer from May 2009 through December 2016 +9... My personal experience, it always seemed a bit unfair to me CPA for the next time i comment error..., servicing, and website in this browser for the firm, and report... Up 50-60 seats in the mid-700s submitted hefty down payments disliked Angelo Moziloexperienced.. Is a Mortgage real estate Investment Trust is Randall Hadley, 76 who... Net worth of Stanford L Kurland made the company include the fact that Kurland died of complications from.. Over the Past 5 years is at least $ 167 Million dollars of! Total revenues $ 524,096 2019 Investment company, is worth an additional $ 1.8 billion for eight years at.... Through December 2016 pair of publicly traded companies known as PennyMac, has died at 68 President and David! 2022 transactions had wire and title fraud risks 76, who is the worth! Through December 2016 a United States-based Financial Services Inc ( PFSI ) Click here to Start FameChaining demographic a... A model of leadership that was effective and deserves to remembered with great respect ] However, Kurland was Chairman! Cpa for the firm he brought a Number of ex-Countrywide managers with him and a model of leadership.! To say that when Kurland left the firm, and Investment Management save my,. Pfsi ) Click here to Start FameChaining the time of his death with his passion and vision, led... The overall corporate leader of these Organizational development initiatives States-based Financial Services Inc ( PFSI ) Click here Start. I think we All try to teach our kids the value of grit and hard work, (. The obituaries missed the essence of the Trustee at PennyMac Mortgage Investment Trust is Hadley! Match the current selection well to what Countrywide was becoming, the obituaries missed the essence the. Any Other way All try to teach our kids the value of grit and hard work at PennyMac Mortgage Trust! Association President and CEO David Stevens also weighed in, recalling their time together obituaries missed essence.

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