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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 oldrancheron Feb 01, 2012 3:53pm
216 Views
Post# 19475970

the difference:

the difference:

In answer to the question about TOU;  (seeing as how i own that one), it is my understanding that TOU's plays have a greater likelyhood of a higher percentage of nat gas liquids, condensates, oils, etc. And think that has been their track record at least up till now.

Whereas,  PMT has been mostly nat gas; but certainly every nat gas explorer now is sucking up every drop of condensates they find.

Nonetheless, the americans sure are gloating now about their new-found shale gas reserves, and the usa becoming an exporter of liquified nat gas..

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