PennyMac Mortgage Investment Trust T.PMT

Primary Symbol: PMT Alternate Symbol(s): PMT.PR.A | PMT.PR.B | PMT.PR.C | PMTU

Real Estate

PennyMac Mortgage Investment Trust is a specialty finance company. The Company invests primarily in mortgage-related assets. The Company conducts all its operations, and makes investments, through PennyMac Operating Partnership, L.P. and its subsidiaries. The Company's segments include credit sensitive strategies, interest rate sensitive strategies, correspondent production, and corporate. The credit sensitive strategies segment represents its investments in credit risk transfer (CRT) arrangements, subordinate mortgage-backed securities (MBS), distressed loans, and real estate. The interest rate sensitive strategies segment represents its investments in MSRs, excess servicing spread (ESS) purchased from PFSI, Agency and senior non-Agency MBS and the related interest rate hedging activities. The Correspondent Production segment serves as an intermediary between lenders and the capital markets by purchasing, pooling and reselling credit quality loans.

NYSE:PMT - Post by User

PennyMac Mortgage Investment Trust

Bullboard Posts

Post by abuseddogon Sep 09, 2010 10:47am

314 Views

Post# 17429076

I post here because.....

I have lost money on this puppy. I had some faitth in the Riddels when they said the dist was safe. OOOpps, my bad they change their minds. My money is now less. I post to keep other people from losing money on this one. They are aggresive in how they report cash flow. ie cashing in the hedging.

I have no idea what TLM is.

Yes, you can gain insight from internert posters. I suggested IPL about six months ago on this board. Pretty sure you said it has to much debt. Since then at least 30% share increase and a 7.5 % dist increase. To me it's still a buy, revenue from the new pipline coming online starting next year.But as you said doyour own DD.

Bullboard Posts

Buzz on the Bullboards: Stocks to watch in volatile times.