Such leaders provide an essential but generally misunderstood and not fully appreciated contribution to the enterprises that employ them. of the smartest people in the room when it comes to home financing. Click here to see the complete history of Stanford L Kurlands form 4 insider trades. PennyMac Mortgage Investment Trust (PMT)'s detailed insider trading history can be found in Insider Trading Tracker table. purchase See Stan Kurland's compensation, career history, education, & memberships. Former St. Pat's High School basketball coach and currently in the State of Illinois Basketball Hall of Fame. departure from Countrywide made a few headlines. It's less expensive to rent in 45 of the nation's 50 largest metros, a ratio that has grown significantly since the end of 2021, according to Realtor.com. Kurland did have a very distinguished career first at Countrywide, where worked for decades along with Mozilo, and subsequently when hefounded and built PennyMac Loan Services. It examines Kurlands role at Countrywide Financial Corporation and in founding and building PennyMac Financial Services. . Both had mutual respect as well as the respect of the overall organization. May 25, 2022 0 Comments. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Opteon, an international provider of appraisal, valuation, and property services, has expanded its direct-to-consumer business model nationwide. It should not be inferred that Mozilo was against three things; he was fully supportive. Stanford L Kurland made The Bottom Line: Remember Stanford Kurland. On average, Stanford trades about 28,493 units every 38 days since 2009. Leading the pack of vulture capitalists profiting from the misery they inspired is the Private National Acceptance Co. (PennyMac), which BlackRock bankrolled. View Stanford L Kurland's record in Las Vegas, NV including current phone number, address, relatives, background check report, and property record with Whitepages. Stanford's mailing address filed with the SEC is C/O PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE, CA, 91361. You might contact Stanford L Kurland via mailing address: C/o Pennymac, 6101 Condor Drive, Upper Level, Moorpark Ca 93021. The Westlake Village, California-based company said Kurland . A week after it dropped to a 28-year low, purchase activity deccreased again by over 5%, according to the Mortgage Bankers Association. . Complications from COVID-19 whilst battling brain cancer. See FameChain's massive Trump family tree. One of his early assignments was at a mortgage bank called Countrywide Credit Industries and its operating subsidiary Countrywide Acceptance Company. He was 68. OBITUARY Sanford Kurland December 11, 1929 - October 22, 2011 IN THE CARE OF Berkowitz-Kumin-Bookatz Memorial Chapel SANFORD "CORKY" KURLAND beloved husband of Gloria (nee Mednik). Email Address: s USMU @yahoo.com +4 emails. On average, Pennymac Mortgage Investment Trust executives and independent directors trade stock every 16 days with the average trade being worth of $71,170. , With The collapse of the Rather than a single great leader,based on my research and experience there is actually a set of different leadership types that are required to build sustainably successful organizations. He was survived by his wife of 62 years, Barbara, their four children Alex, Ross, Dana, and Barbara, and seven grandchildren. today announced the passing of the company's founder and Non-Executive Chairman Stanford L. Kurland. Gary Acosta is an entrepreneur, public policy advocate, investor, and thought leader passionate about advancing prosperity for Latinos and other underserved communities. Dr. David A. Kurland, age 100, of Paramus, NJ, formerly a longtime resident of River Edge, NJ, passed away peacefully on Saturday morning, September 4, 2021 at Brightview Senior Living, in Paramus, NJ. Following a four-year career as an accountant, Kurland joined Countrywide in 1979, rising to become its chief financial officer and then president and chief operating officer. They were a powerful dyad. Stanford L. Kurland began his professional career in public accounting in 1975 at Grant Thornton, formerly known as Alexander Grant. I believe that something perhaps a bit more profound about his contributions as a leader is appropriate both as a tribute and as a role model for others seeking insights about how to build sustainably successful organizations. He was in fact comfortable with that. purchase He was also affiliated with Johns Hopkins University as a research professor. Stanford has made over 52 trades of the Pennymac Mortgage Investment Trust stock since 2013, according to the Form 4 filled with the SEC. Many predicted a red wave where they would pick up 50-60 seats in the House and 3-4 in the Senate. About the Author_________________________. COVID-19 has robbed us of a great leader, mentor and friend," said David Spector, President and Chief Executive Officer of PennyMac. 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. Unfortunately, it happened on Mozilos watch, when Kurland was no longer at his side to help protect the organization. My perspective is based upon having known and worked as a consultant and advisor for about ten years with Kurland while he was at Countrywide, and for a lesser time at PennyMac. and I consider Stan Kurland to be a friend and colleague, and a model of leadership worthy. of chairman. Kurland is a native of Baltimore, Maryland and education includes a BA from Amherst College and a MD from Stanford University. October 10, 2018, 4:38 AM Tracey Kurland is the daughter of Stanford Kurland who is said to be worth $200 million. He has been the Chairman and Chief Executive Officer of Private National Mortgage Acceptance Company, LLC since its formation in January 2008. Today it seems like everyone has a podcast, and frankly, 99% of them arent very good. However,Kurland was the designated leader of these organizational development initiatives. purchase [4] He was a quiet leader, very strong and impressive in his own way. View Stanford L Kurland's record in Las Vegas, NV including current phone number, address, relatives, background check report, and property record with Whitepages. The UK's supply crisis puts extra pressure on Prime Minister Boris. His departure in 2006 came before the company was sold to Bank of 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. 25.Hopp L, Gilboa N, Kurland G, Weichler N, Orchard TJ. All relationship and family history information shown on FameChain has been compiled from data in the public domain. For most people, success is about perseverance and overcoming obstacles. 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. In addition, Mr. Kurland has been the Chairman of the Board of Trustees of PennyMac Mortgage "COVID-19 has robbed us of a great leader, mentor and friend. Stanford Kurland Found 5 people in California, Nevada and Massachusetts. Find company research, competitor information, contact details & financial data for Stanford L and Sheila Kurland Family Foundation of Latham, NY. Distribution and use of this material are governed by brought investment company, is worth an additional $1.8 billion. Kurland served as PMTs chairman and CEO until 2016, when he was appointed executive chairman. Vickie Ann Sallee Davis, 65, of Stanford, went to her heavenly home on Sunday, February 26, 2023. 6 Dkt. In contrast and 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. helped to build and shape, PennyMac President and CEO David Spector said in to the new venture. Because of my personal experience, it always seemed a bit unfair to me. Will miss him., To celebrate his life and legacy, the Kurland family kindly requests donations be made to the UCLA Brain Tumor Center viabit.ly/StanfordKurland., Your email address will not be published. As the Non-Executive Chairman of the Trustee of Pennymac Mortgage Investment Trust, the total compensation of Stanford Kurland at Pennymac Mortgage Investment Trust is $15,070,800. An accountant by training, Kurland worked at Grant Thornton and then spent 27 years at Countrywide Financial, serving as CFO, president and chief operating officer. Kurland was nonexecutive chairman at the time of his death. Stanford L Kurland, Age 70. The Construct of the Leadership Molecule. He was an obvious asset and sine qua non of Countrywide. Chief Legal Officer Derek Stark It was clear that Mozilo appreciated Kurlands role and contribution (just as Kurlandrecognized and appreciated Mozilos role and contribution). Very insightful and honest. with BlackRock Mortgage Ventures and what is now Highfields Capital Management. February 8, 2023. EDITORS NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. The estimated net worth of Stanford L Kurland is at least $475 Million dollars as of 2023-03-01. I think we all try to teach our kids the value of grit and hard work. Kurland was nonexecutive chairman at the time of his death. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Stan Kurland is Deceased at Pennymac Mortgage Investment. William Ray Frazier. It was really tragic to read this this morning, DCMG founder and CEO Brian Hale said. 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). Past Addresses: Las Vegas NV, Northridge CA +4 more. It didnt take long for Stan to help Countrywide change the non-bank mortgage banking industry, and over an almost 30-year career at Countrywide, he served as Chief Operating Officer, Chief Financial Officer, President, and director of the public company. A sister company, PennyMac Mortgage Investment Trust, a real estate In addition, he makes $15,070,800 as Non-Executive Chairman of the Trustee at Pennymac Mortgage Investment Trust. a net Stans skills were quickly observed by Countrywides founders and he joined the organization in 1979. Stanford L. Kurland serves as Non-Executive Chairman of the Trustee of the Company. I wasnt sure I could do much better, but I realized I do have some ideas that some people have found interesting in the past. Most recently he sold 31,000 units of PMT stock worth $1,883,560 on 20 January 2021. Connie Mae Hamilton. Stanford University ROBERT KURLAND OBITUARY Robert A. 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