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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 abuseddogon May 05, 2011 11:29am
281 Views
Post# 18534598

RE: RE: RE: RE: Eric Nuttall

RE: RE: RE: RE: Eric Nuttall


Accummilating debt to pay the divy.........allways thought you had to actually have retained earnings to pay a div, And no, selling future heding should not be allowed as retained ernings. It should be considered  funds from discontinued operations or as a  one time capital gain. not as funds from continuing operations. This comes across as dubiuos accounting at best.


Subtract the selling of future heding from the funds from operation and see what happens to the EPS for the last couple of years.
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