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PennyMac Mortgage Investment Trust T.PMT


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

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

Comment by MetalsKingon Sep 21, 2010 8:12am
420 Views
Post# 17472570

RE: RE: RE: RE: RE: M.O. for PMT

RE: RE: RE: RE: RE: M.O. for PMTNice post. First off I'll be blunt here, anyome with too much funds in any one area or stock is a fool, I like PMT for some funds allocated to this sector (less that 2% of my overall portfolio, I have mostly gold coins, some GTU for 25% of my overall portfolio, the rest I allocate and trade. From my standpoint I just don'y overly worry about the worst case scenario of paper assets and what happens with them etc, because if things get that bad it'll be anarchy and who has more and bigger guns and folks might be able to take what they want, I'm aware of that but think it's a very low possibility and choose to not worry about it because in my circumstance I can't really do anything about it.

MK
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