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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 CravenRaven101on Sep 12, 2011 4:25pm
295 Views
Post# 19034266

RE: safe-haven asset

RE: safe-haven assetIf I am choosing a commodity I'm choosing diamonds... smaller and lighter than gold... and eventually far rarer than a gold coin... I'd also toss my lot in wth Mr. T. Boone Pickens... and buy into water... rights, transportation... bottling...and distribution... watched a TV program a week or two ago... about modern "prophets" from various "chicken little" schools of thought... an economist who suggests economic collapse will send us back to the stone age... a former oil and gas news reporter, an ecologist... a techno type... all espousing that the answer to the end lay within their "special area of interest" IN the end... the consensus was that MAN could live without currency, without fuel, without electricity, BUT would certainly perish should all our water sources become hopelessly contaminated...
 
a recent Canadian military think tank study also suggested that a major conflict will occur somewhere in the world within the next 20 years over water supplies... and check out where you live... is there some sort of infrastructure project going on.. where it seems like they are also adding storm water retention ponds as part of the project?

anyway... NOT to be all doom and gloom... BUT the chit chat about commodities reminded me... do with that what you will...

It's MY opinion git yer own...
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