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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 Jun 18, 2012 5:55pm
195 Views
Post# 20027696

RE: RE: RE: NG up big today

RE: RE: RE: NG up big today

as PMT works toward retooling their production mix, do you really think there is spare captial to take part in a share buy back program? As far as I am concerned every penny needs to go towards liquids development and production... and even now... with a barrel being down waht? 15-20% over the past momnth or so... they are seeing diminished rturns on THAT investment... it's a harsh environment out there at the moment... so much uncertainty... and NO ONE set of tea leaves is pointing to an optimistic outcome...

 

anyway... I have no answers today... just a little food for thought based on Shammy's suposition...

 

GLTA

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