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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

Post by CravenRaven101on Jun 01, 2011 11:54am
249 Views
Post# 18656397

The power of hope

The power of hopeAlways seems to override sensibility and pragmatism... arguments become about semantics more than facts... passion , however, is not a substitution for logic...

I have not ONCE said that Shammy's assertions are not possible... BUT I definitely infer that they are VERY IMPROBABLE... contrary to his statement about PMT being a "Family business"... there are literally thousand of investors that can atest to the fallacy of that statement... PMT answers to a Board of Directors... and it is their fiduciary duty to ensure that the interests of those thousands of share holders are handled responsibly... So... while in the land of Shammy... PMT, POU & TOU would create a magnificent O&G conglomerate... the real world in my opinion has a far less glorious end for PMT... I dare say that IT WILL be profitable for some...not so much for others...

I'm a gambler... otherwise I'd have my money squirreled away in gold coins stashed in a coffee can buried in my back yard... I look at probability... it's MY opinion... that the probability here is that PMT takes an offer before the year is out...

It's my opinion git yer own....




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