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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 Nov 14, 2011 11:41am
249 Views
Post# 19235405

M&A Activity heating up

M&A Activity heating upSo... underwhelming Twin Butte scoops up undervalued Emerge to create a dividend paying (18 cents annually) heavy oil producer with a 70-30 (oil -gas) production mix... with 250K acres of running room and 30MM BOE of Proved reserves... AND combined production of 13K BOE/d... Here's yer chance to make a leap to a company that by MY estimate ought to be worth near $5.00 by the end of the second qtr 2012...

SO... so far... Daylight picked up By Sinopec... Birchcliff still open to offers... and two juniors combining their efforts to join the intermediates... AND PMT...downsizing????

for the record I do not own or plan to own EME OR TBE... maybe once the dust has cleared...

do as you choose

GLTA if your stil holding PMT
Bullboard Posts