Vandad Fartaj
Senior Managing Director & Chief Capital Markets OfficerPennyMac
Vandad Fartaj is senior managing director and chief capital markets officer of PennyMac Financial Services, Inc. Fartaj also serves as chief investment officer of PennyMac Mortgage Investment Trust, and senior managing director and chief capital markets officer of Private National Mortgage Acceptance Company, LLC.

Vandad is responsible for all capital markets and investment-related activities, including the development and execution of investment strategies, secondary marketing, and hedging activities. In addition, Mr. Fartaj is responsible for developing and managing relationships with Wall Street banks, GSEs, and institutional investors.

Prior to joining PNMAC, Vandad was employed in a variety of positions by Countrywide Securities Corporation as a broker-dealer, managing the strategy and execution of the whole loan conduit.

Vandad Fartaj is an experienced mortgage banking executive with substantial experience in capital markets, mortgage-related investments, and interest rate and credit risk management.