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8-K - 8-K - PennyMac Mortgage Investment Trusta12-17922_18k.htm

Exhibit 99.1

 

JOEL S. MARCUS
P.O. BOX 2807
BEVERLY HILLS, CA 90213

 

August 7, 2012

 

Mr. Stanford L. Kurland

Chairman/CEO

PennyMac Mortgage Investment Trust

6101 Condor Drive

Moorpark, CA 93021

 

RE:          PennyMac Mortgage Investment Trust (“PennyMac”)

 

Dear Stan:

 

This letter will represent my resignation from the Board of Directors and Committees of PennyMac effective immediately.

 

I have taken on numerous life science board roles and that is where my passion lies. Thank you and best wishes.

 

 

 

Respecfully,

 

 

 

/s/ Joel S. Marcus

 

Joel S. Marcus

 

 

 

 

cc:

Mr. Randall D. Hadley